Low Income Apartments and Affordable Housing For Rent in Shelburne, VT

Discover affordable housing in Shelburne where there are 2+ 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.

Wright House

75 Harrington Ave, Shelburne, Vermont 05482

Shelburne Interfairth Housing

90 Ockert Ln, Shelburne, Vermont 05482

calendar_today Opened: Apr 1
Open Until Further Notice

Reported On April 1st, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shelburne, 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 Shelburne, Vermont Affordable Housing ↓

What HUD offices serve Shelburne, 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 Shelburne, Vermont.

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

How many renters live in Shelburne, Vermont?

The City of Shelburne has 6,195 people living in 2,673 households.

There are 1,366 renters living in 863 renter households in this City. Renters make up 22.05 percent of the population living in Shelburne.

What is the rental market like in Shelburne, Vermont?

There are an estimated 2,849 housing units in the Shelburne area. Of these, 863 units are rental homes, making up 30 percent of the housing market. For every renter household in Shelburne, Vermont, there are 1 rental units.

What is the vacancy rate for rentals in Shelburne?

The rental vacancy rate in Shelburne 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 Shelburne for each bedroom size?

Occupied Rental Units by Size in Shelburne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 270 440 153 0
Occupied Rental Units by Size in Shelburne

A large number of apartments in Shelburne 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 Shelburne are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 20 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 Shelburne

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 Shelburne, Vermont

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

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
One BR 165 61 percent
Two BR 273 62 percent
Rental Units Below FMR in Shelburne, Vermont

How many affordable rental units are in Shelburne?

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

Federal Program Unit Count
Low Income Housing Tax Credit 69
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Shelburne, Vermont

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

Income Based Apartments in Shelburne, Vermont

Shelburne features 36 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 Shelburne, Vermont

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shelburne.

Housing Choice Vouchers in Shelburne, Vermont

On average, Section 8 Housing Choice vouchers pay Shelburne landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Shelburne.

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

Sourced from federal housing data and AffordableHousingOnline.com research.