Low Income Apartments and Affordable Housing For Rent in Chittenden County, VT

Discover affordable housing in Chittenden County where there are 104+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

calendar_today Opens: Apr 1

Reported On March 19th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Chittenden County, Vermont
$35.74/hour
$22.07 (+161%) more than Vermont minimum wage and $28.49 (+393%) more than the Federal minimum wage.
Learn More About Chittenden County, Vermont Affordable Housing ↓

What HUD offices serve Chittenden County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Chittenden County, Vermont.

Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Chittenden County.

How many renters live in Chittenden County, Vermont?

The County of Chittenden County has 169,301 people living in 72,106 households.

There are 45,016 renters living in 25,089 renter households in this County. Renters make up 26.59 percent of the population living in Chittenden County.

What is the rental market like in Chittenden County, Vermont?

There are an estimated 73,209 housing units in the Chittenden County area. Of these, 26,034 units are rental homes, making up 36 percent of the housing market. For every renter household in Chittenden County, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Chittenden County?

The rental vacancy rate in Chittenden County is 2 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 Chittenden County for each bedroom size?

Occupied Rental Units by Size in Chittenden County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,343 8,623 9,674 3,074 794
Occupied Rental Units by Size in Chittenden County

A large number of apartments in Chittenden County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Chittenden County are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 27 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Chittenden County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,341 to $2,513. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,341
One BR $1,441
Two BR $1,887
Three BR $2,390
Four BR $2,513
2024 Fair Market Rents in Chittenden County, Vermont

How many units are rented at Fair Market Rent (FMR) in Chittenden County?

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 1,181 50 percent
One BR 5,009 58 percent
Two BR 4,507 47 percent
Rental Units Below FMR in Chittenden County, Vermont

How many affordable rental units are in Chittenden County?

There are a variety of federal affordable housing programs serving households in Chittenden County, Vermont including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 2,779
Section 8 Project-Based Rental Assistance 721
Mod Rehab Project-Based Rental Assistance 27
Section 202 Supportive Housing for the Elderly 110
Section 811 Supportive Housing for Persons with Disabilities 41
USDA Section 515 Rural Rental Housing 72
Tracked Units by Federal Program in Chittenden County, Vermont

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Chittenden County, Vermont

Chittenden County features 1,862 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 Chittenden County, Vermont

There are 3,027 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Chittenden County.

Housing Choice Vouchers in Chittenden County, Vermont

On average, Section 8 Housing Choice vouchers pay Chittenden County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Chittenden County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Chittenden County, Vermont for a two-bedroom apartment is between $1,698 and $2,076.

Sourced from federal housing data and AffordableHousingOnline.com research.