What HUD offices serve Castleton, Vermont?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Castleton.
How many renters live in Castleton, Vermont?
The City of Castleton has people living in households.
There are renters living in renter households in this City. Renters make up 4.09 percent of the population living in Castleton.
What is the rental market like in Castleton, Vermont?
There are an estimated housing units in the Castleton area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Castleton, Vermont, there are 1 rental units.
What is the vacancy rate for rentals in Castleton?
The rental vacancy rate in Castleton is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Castleton for each bedroom size?
Occupied Rental Units by Size in Castleton
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
37 | 0 | 0 | 0 | 0 |
Occupied Rental Units by Size in Castleton
A large number of apartments in Castleton have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Castleton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $991 to $2,004. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $991 |
One BR | $997 |
Two BR | $1,224 |
Three BR | $1,561 |
Four BR | $2,004 |
2024 Fair Market Rents in Castleton, Vermont
How many units are rented at Fair Market Rent (FMR) in Castleton?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
Studio | 37 | 100 percent |
Rental Units Below FMR in Castleton, Vermont
How many affordable rental units are in Castleton?
There are a variety of federal affordable housing programs serving households in Castleton, Vermont including the following:
Federal Program | Unit Count |
Section 8 Project-Based Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Castleton, Vermont
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Castleton, Vermont
Castleton features 61 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Castleton, Vermont
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Castleton.
Housing Choice Vouchers in Castleton, Vermont
On average, Section 8 Housing Choice vouchers pay Castleton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Castleton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Castleton, Vermont for a two-bedroom apartment is between $1,102 and $1,346.
Sourced from federal housing data and AffordableHousingOnline.com research.