; Low Income Apartments For Rent in Shelburne, VT

Apply to Shelburne Apartment Waiting Lists

Wright House

75 Harrington Ave
Shelburne, Vermont
Subsidized
Rent Assisted
Senior
Supportive
HOME
LIHTC
S515
RDRA
Call For Rent
1 BR

Shelburne Interfairth Housing

90 Ockert Ln
Shelburne, Vermont
Rent Assisted
LIHTC
Showing Results 1-15
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There are 20 low-income apartments in Shelburne that offer reduced rents to eligible households.

Rental assistance programs support 36 low-income homes in Shelburne where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $446 towards rent each month.

Affordable rent data for some communities last confirmed on January 2nd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving 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.

Housing Authority Programs
Vermont State Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Vermont Public Housing and Low-Income Apartments Waiting Lists page for openings near Shelburne.

Shelburne, Vermont Affordable Housing Data

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.

2024 Shelburne, Vermont Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Shelburne, Vermont Fair Market Rent $1,341 $1,441 $1,887 $2,390 $2,513
Shelburne, Vermont Payment Standard Range $1,207 to $1,475 $1,297 to $1,585 $1,698 to $2,076 $2,151 to $2,629 $2,262 to $2,764

Sourced from federal housing data and AffordableHousingOnline.com research.

Shelburne, VT Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 56
Total Housing Units with Rental Assistance 36
Percentage of Housing Units Occupied By Renters 34.02%
Average Renter Household Size 2.03
Average Household Size 2.37
Median Household Income $68,694 ±$21,081
Median Rent $0 ±$0
Percentage Of Renters Overburdened 0% ± 18.18pp
Total Population 690

Population and Household Demographics

Shelburne is a city in Chittenden County, Vermont with a population of 690. There are 291 households in the city with an average household size of 2.37 persons. 34.02% of households in Shelburne are renters.

Income and Rent Overburden in Shelburne

The median gross income for households in Shelburne is $68,694 a year, or $5,725 a month. The median rent for the city is $0 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Shelburne, a household making less than $0 a month would be considered overburdened when renting an apartment at or above the median rent. 0% of households who rent are overburdened in Shelburne.

Area Median Income In Shelburne

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Shelburne, the AMI is calculated from all households within Chittenden County.

In Shelburne, HUD calculates the Area Median Income for a family of four as $115,700

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Shelburne

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Shelburne

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Shelburne AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,900 $27,300 $30,700 $34,100 $36,850 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Shelburne AMI may qualify for rental assistance programs that target Very Low Income households.
$39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000
80% AMI Income Limits
Renters earning up to 80% of the Shelburne AMI may qualify for rental assistance programs that target Low Income households.
$63,600 $72,700 $81,800 $90,850 $98,150 $105,400 $112,700 $119,950