Low Income Apartments and Affordable Housing For Rent in Delta, CO

Discover affordable housing in Delta where there are 8+ 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.

Heavens View Apartment

1445 Porter Ct , Delta, Colorado 81416

Residences at Delta

1498 Villa St, Delta, Colorado 81416

Villas at the Bluff

501 14th Street, Delta, Colorado 81416

Alta Vista De La Montana

700 Highway 50, Delta, Colorado 81416

Columbia Apartments

775 Columbia Street, Delta, Colorado

Delta Village Apts

289 Stafford Lane, Delta, Colorado

Grand Manor

321 Grand Ave, Delta, Colorado

1042 Apartments

511 Glen Way, Delta, Colorado 81416

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Delta, Colorado
$21.70/hour
$7.28 (+51%) more than Colorado minimum wage and $14.45 (+199%) more than the Federal minimum wage.
Learn More About Delta, Colorado Affordable Housing ↓

What HUD offices serve Delta, Colorado?

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), Public Housing programs for Delta, Colorado.

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

How many renters live in Delta, Colorado?

The City of Delta has 9,137 people living in 3,394 households.

There are 3,312 renters living in 1,260 renter households in this City. Renters make up 36.25 percent of the population living in Delta.

What is the rental market like in Delta, Colorado?

There are an estimated 3,779 housing units in the Delta area. Of these, 1,309 units are rental homes, making up 35 percent of the housing market. For every renter household in Delta, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Delta?

The rental vacancy rate in Delta is 4 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 Delta for each bedroom size?

Occupied Rental Units by Size in Delta
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 347 358 303 152
Occupied Rental Units by Size in Delta

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

Among renter households in this market, 47 percent have housing cost burden. Further, 24 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 Delta

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $883 to $1,827. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $883
One BR $889
Two BR $1,146
Three BR $1,556
Four BR $1,827
2024 Fair Market Rents in Delta, Colorado

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

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 63 100 percent
One BR 320 92 percent
Two BR 236 66 percent
Rental Units Below FMR in Delta, Colorado

How many affordable rental units are in Delta?

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

Federal Program Unit Count
Low Income Housing Tax Credit 89
Public Housing 75
Section 202 Supportive Housing for the Elderly 40
USDA Section 515 Rural Rental Housing 46
Tracked Units by Federal Program in Delta, Colorado

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

Income Based Apartments in Delta, Colorado

Delta features 128 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 Delta, Colorado

There are 53 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Delta.

Housing Choice Vouchers in Delta, Colorado

On average, Section 8 Housing Choice vouchers pay Delta landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Delta.

The maximum amount a voucher would pay on behalf of a low-income tenant in Delta, Colorado for a two-bedroom apartment is between $1,031 and $1,261.

Sourced from federal housing data and AffordableHousingOnline.com research.