Rental Housing In Colorado

Colorado Rental Overview

The population of Colorado, according to the 2010 Census, is 5,029,196. The total number of households in the state is 1,972,868. The average household size for Colorado is 2.41. The total number of renter households in the state is 679,768 which means that 34.46% of households are renter households. Compared to all other U.S. States, Colorado is ranked 14th in percentage of renters. District Of Columbia is ranked first with 57.99% and West Virginia ranks last with only 26.55%.

According to the Census Bureau’s American Community Survey, the median rent paid among all renter households and housing types and sizes in Colorado is $920 per month. Ranked against all other states in the country, Colorado ranks 16th for the highest median rent. Hawaii ranks first at $1,353 and West Virginia ranks last at $606. Though rents are set more locally, statewide median rents provide a basic outlook of housing costs for each state.

The number of vacant rental units in Colorado is 44,785 representing a vacancy rate of 6.2%. Among all U.S. states, Colorado ranks 14th for the lowest vacancy rates. New York ranks first with a vacancy rate of 4.5% and South Carolina ranks last with a vacancy rate of 12.9%. As lower vacancy rates are an indication of a healthier rental housing portfolio, Colorado’s rental housing portfolio is performing above the National average.

ProgramProjectsUnits
Project Based Section 8 260 15,498
Section 202 89 3,665
Section 811 31 342
Section 515 125 3,392
RDRA 117 2,630
LIHTC 409 26,233
Senior 184 8,403
Public Housing 48 3,226
Section 8 Voucher 66 40,312
Total 794 49,151
Note: The total does not necessarily equal the sum of each program as some properties may participate in multiple funding programs.

‡This program is not project based, instead Housing Authorities provide vouchers to individual renters. In the state of Colorado there are 66 independent Housing Authorities that may issue these vouchers.

The average number of units per property for affordable rentals in Colorado is 61.90. The largest market for federally assisted housing in the state is Denver at 14,532 units and the smallest is Nederland at 6 unit(s). 184 apartment properties provide housing for seniors containing 8,403 units. Of the 49,151 units, 13,788 units include some form of rental assistance (like Section 8) to make rent more affordable for very low income families.

Affordable Housing by Counties in Colorado ranked by federally assisted units

There are 54 counties or county equivalents in Colorado. The county or county equivalent with the largest population is El Paso County at 622,263 and the smallest is Kiowa County at 1,398. The county or county equivalent with the largest percentage of renter households is Denver County at 50.01% and The county or county equivalent with lowest portion of renters is Park County at 15.4%.

The density of Federal housing assistance at the county level in Colorado ranges from a low of 10.7 units per 1,000 renter households in Gunnison County to a high of 299.3 units per 1,000 renter households in Bent County. The average Federal housing assistance density for all counties in Colorado is 114.2 units per 1,000 renter households.

The table below summarizes the Federally assisted housing located in each county in Colorado. All major affordable housing programs are provided on a county by county basis. Click on the name of the county to see a more in depth summary of affordable housing in that county.

CountyTotal Units
Denver County 13,239
Jefferson County 3,943
Adams County 3,915
Arapahoe County 3,702
El Paso County 3,453
Larimer County 3,386
Boulder County 2,410
Weld County 2,122
Pueblo County 1,620
Mesa County 1,435
Douglas County 1,097
La Plata County 772
Eagle County 602
Montrose County 468
Fremont County 460
Morgan County 445
Garfield County 437
Rio Grande County 430
Delta County 388
Otero County 372
Montezuma County 339
Logan County 292
Prowers County 278
Broomfield County 272
Summit County 243
Routt County 214
San Miguel County 209
Moffat County 208
Las Animas County 201
Alamosa County 197
Saguache County 187
Archuleta County 181
Pitkin County 169
Chaffee County 168
Grand County 158
Crowley County 110
Kit Carson County 107
Conejos County 90
Huerfano County 74
Lake County 61
Bent County 58
Phillips County 55
Teller County 53
Lincoln County 52
Baca County 50
Costilla County 44
Yuma County 40
Rio Blanco County 36
Washington County 29
Gunnison County 28
Clear Creek County 16
Custer County 14
Park County 14
Kiowa County 10

Affordable Housing by City in Colorado ranked by federally assisted units

We are tracking 140 cities in Colorado that have at least one Federally assisted housing community. With a population of 600,158, Denver has the largest population of these cities. There are 187 Federally assisted housing communities in Denver which are home to about 14,532 families, most of which are lower income families.

The table below provides a summary of all Federally assisted housing communities by city in Colorado. All the major affordable housing funding program breakdowns are provided. Click on the city name to get a full affordable rental housing report for each city in Colorado.

CityTotal Units
Denver 14,532
Colorado Springs 2,870
Fort Collins 2,312
Aurora 2,172
Pueblo 1,511
Greeley 1,487
Arvada 1,462
Lakewood 1,330
Longmont 1,003
Grand Junction 997
Westminster 902
Boulder 891
Loveland 889
Thornton 774
Durango 756
Englewood 745
Brighton 628
Commerce City 583
Littleton 579
Castle Rock 556
Montrose 410
Canon City 388
Golden 377
Delta 354
Northglenn 348
Clifton 339
Parker 312
Colorado Spgs 309
Monte Vista 306
Cortez 299
Sterling 292
Lamar 278
Broomfield 272
Lafayette 250
Avon 249
Louisville 240
Brush 236
Craig 208
Greenwood Village 204
Trinidad 201
Alamosa 197
La Junta 190
Fort Morgan 184
Steamboat Springs 182
Fort Lupton 182
Pagosa Springs 181
Telluride 179
Fountain 174
Aspen 169
Center 163
Windsor 157
Eagle 150
Rifle 143
Vail 142
Carbondale 140
Rocky Ford 140
Silverthorne 139
Estes Park 137
Wheat Ridge 123
Glenwood Springs 118
Fraser 114
Pueblo West 109
Glendale 103
Fruita 99
Highlands Ranch 96
Salida 90
Edgewater 84
Burlington 83
Evergreen 79
Del Norte 76
Breckenridge 74
Florence 72
Antonito 64
Leadville 61
Gypsum 61
Eaton 60
Ordway 60
Manzanola 60
Las Animas 58
Ault 52
Sheridan 50
Olathe 48
Monument 48
Evans 48
South Fork 48
Berthoud 48
Holyoke 45
San Luis 44
La Veta 44
Buena Vista 40
Poncha Springs 38
Meeker 36
Cripple Creek 34
Limon 32
Platteville 32
Springfield 32
Fowler 32
Kersey 32
Colorado Spring 32
Hayden 32
Walsenburg 30
Norwood 30
Dillon 30
Milliken 28
Dolores 28
Gunnison 28
La Jara 26
Ft Morgan 25
New Castle 24
Saguache 24
Granby 24
Johnstown 24
Bennett 24
Flagler 24
Wray 20
Hudson 20
Dacono 20
Yuma 20
Akron 20
Paonia 20
Calhan 20
Kremmling 20
Lyons 20
Divide 19
Walsh 18
Idaho Springs 16
Bayfield 16
Westcliffe 14
Alma 14
Cedaredge 14
Parachute 12
Mancos 12
Deer Trail 11
Haxtun 10
Nucla 10
Arriba 10
Eads 10
Hugo 10
Otis 9
Nederland 6

Housing Authorities in Colorado ranked by assisted units and vouchers

Housing authorities are governmental (or quasi-governmental) entities that manage various Federal housing assistance programs on behalf of the Department of Housing and Urban Development (HUD). These programs include Public Housing, Section 8 Housing Choice Vouchers and other programs.

There are 66 housing authorities in Colorado. These housing authorities own and operate an aggregate of public housing units and administer Section 8 rental vouchers. Of the 66 housing authorities, 34.8% have both a public housing and Section 8 program.

The largest housing authority in Colorado by total housing assistance units managed is Denver Housing Authority with 10,421 public housing units under management (3,922 public housing units and 6,499 Section 8 vouchers).

The table below provides a list of housing authorities in Colorado and includes each housing authorities public housing and Section 8 voucher count. Click on the housing authority name to get more details on the housing authority.

NamePublic Housing UnitsSection 8 Vouchers
Denver Housing Authority 3,922 6,499
Colorado Department of Local Affairs - 6,694
Colorado Division of Housing - 6,554
Housing Authority of the City of Colorado Springs 705 2,296
Housing Authority of the City of Pueblo 899 1,802
Aurora Housing Authority 120 1,749
Jefferson County Housing Authority - 1,532
Adams County Housing Authority 42 1,460
Lakewood Housing Authority - 1,411
Boulder Housing Partners 332 839
Fort Collins Housing Authority 154 979
Grand Junction Housing Authority - 1,050
Colorado Housing Finance Authority - 1,008
Boulder County Housing Authority - 799
Loveland Housing Authority - 553
Housing Authority of the City of Greeley 86 446
Longmont Housing Authority - 509
Arvada Housing Authority - 508
Englewood Housing Authority 110 393
Garfield County Housing Authority - 434
Littleton Housing Authority 143 288
Housing Authority of Weld County - 427
Delta Housing Authority 75 226
Housing Authority of the County of Montezuma 31 262
Trinidad Housing Authority 198 83
Housing Authority of the City of Fountain 40 240
Housing Authority of the City of Brighton 44 212
Housing Authority of the City of Alamosa 199 -
La Junta Housing Authority 86 102
Montrose County Housing Authority - 178
Sheridan Housing Authority - 177
Housing Authority of the City of Walsenburg 129 -
Las Animas Housing Authority - 124
Housing Authority of the City of Sterling 110 -
Lamar Housing Authority - 107
Larimer County Housing Authority - 100
Fort Morgan Housing Authority 86 -
Colorado Bluesky Enterprises, Inc. - 75
Center for People With Disabilities - 75
Costilla County Housing Authority 57 -
Center Housing Authority 30 25
Julesburg Housing Authority 52 -
Housing Authority of the Town of Yuma 50 -
Housing Authority of the City of Salida 50 -
Housing Authority of the City of Fort Lupton 50 -
Rocky Ford Housing Authority - 50
Otero County Housing Authority - 46
Conejos County Housing Authority 44 -
Wellington Housing Authority 42 -
Housing Authority of the City of Wray 41 -
Housing Authority of the Town of Limon 39 -
Burlington Housing Authority 31 -
Housing Authority of the City of Lamar 30 -
Holyoke Housing Authority 30 -
Housing Authority of the City of Brush 30 -
Housing Authority of Antonito 29 -
Housing Authority for the Town of Cheyenne Wells 25 -
Housing Authority of the Town of Haxtun 22 -
Housing Authority of the Town of Kersey 20 -
Housing Authority of the Town of Keenesburg 20 -
Housing Authority of the Town of Aguilar 18 -
Housing Authority of the Town of Holly 16 -
Louisville Housing Authority 13 -
Archuleta County Housing Authority - -
Manitou Springs Housing Authority - -
El Paso County Housing Authority - -

Federally Assisted Affordable Rental Housing

According to our affordable housing data, Colorado has a total of 794 rental properties that receive at least one form of Federal housing assistance and are at least partially reserved for low income persons. These properties contain an estimated 49,151 rental housing units. (Note: Some of the Federal source data we use does not include total unit count for a property -- most notably the LIHTC database -- so the number of units listed here may be less than the actual.)

The Low Income Housing Tax Credit Program is the largest assistance program by unit count. The program assists 26,233 in Colorado. The charts below lay out how each Federal program impact affordable housing in Colorado.

Federal Programs By Unit Count Hover over a bar to view

5,029,196

Population

2.41

Average Household Size

1,590,292

Total Renters

679,768

Renter Households

$920

Median Rent

$8,053,887,600/year

Gross Rent Paid By All Renters

44,785

Vacant Units For Rent

6.2%

Vacancy Rate

49,151

Federally Assisted Units

794

Federally Assisted Projects

409/26,233

Tax Credit Projects/Units

260/15,498

Project Based Section 8 Projects/Units

125/3,392

Section 515 Projects/Units

89/3,665

Section 202 Projects/Units

31/342

Section 811 Projects/Units

117/2,630

RD Rental Assisted Projects/Units

184/8,403

Senior Projects/Units

13,788

Units with Project Based Rent Subsidy

61.9

Average Units Per Property