What HUD offices serve Stowe, 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 Stowe.
How many renters live in Stowe, Vermont?
The City of Stowe has 721 people living in 404 households.
There are 242 renters living in 160 renter households in this City. Renters make up 33.56 percent of the population living in Stowe.
What is the rental market like in Stowe, Vermont?
There are an estimated 645 housing units in the Stowe area. Of these, 160 units are rental homes, making up 25 percent of the housing market. For every renter household in Stowe, Vermont, there are 1 rental units.
What is the vacancy rate for rentals in Stowe?
The rental vacancy rate in Stowe 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 Stowe for each bedroom size?
Occupied Rental Units by Size in Stowe
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 20 | 105 | 35 | 0 | 0 |
Occupied Rental Units by Size in Stowe
A large number of apartments in Stowe 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 Stowe are overburdened by housing costs?
Among renter households in this market, 13 percent have housing cost burden. Further, 0 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 Stowe
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $913 to $1,719. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $913 |
| One BR | $983 |
| Two BR | $1,291 |
| Three BR | $1,713 |
| Four BR | $1,719 |
2024 Fair Market Rents in Stowe, Vermont
How many units are rented at Fair Market Rent (FMR) in Stowe?
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 | 20 | 100 percent |
| One BR | 23 | 22 percent |
| Two BR | 20 | 57 percent |
Rental Units Below FMR in Stowe, Vermont
How many affordable rental units are in Stowe?
There are a variety of federal affordable housing programs serving households in Stowe, Vermont including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance | 48 |
Tracked Units by Federal Program in Stowe, Vermont
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Stowe, Vermont
Stowe features 67 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 Stowe, Vermont
There are 42 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stowe.
Housing Choice Vouchers in Stowe, Vermont
On average, Section 8 Housing Choice vouchers pay Stowe landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Stowe.
The maximum amount a voucher would pay on behalf of a low-income tenant in Stowe, Vermont for a two-bedroom apartment is between $1,162 and $1,420.
Sourced from federal housing data and AffordableHousingOnline.com research.
