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

Discover affordable housing in Evans 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.

Mission Village of Evans

2305 Mission Springs Way, Evans, Colorado 80620

Centennial Village

2205 37th St, Evans, Colorado 80620

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Evans, Colorado
$29.03/hour
$14.61 (+101%) more than Colorado minimum wage and $21.78 (+300%) more than the Federal minimum wage.
Learn More About Evans, Colorado Affordable Housing ↓

What HUD offices serve Evans, 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 Evans, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Evans, Colorado.

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

How many renters live in Evans, Colorado?

The City of Evans has 22,092 people living in 6,683 households.

There are 6,178 renters living in 1,947 renter households in this City. Renters make up 27.96 percent of the population living in Evans.

What is the rental market like in Evans, Colorado?

There are an estimated 6,947 housing units in the Evans area. Of these, 2,137 units are rental homes, making up 31 percent of the housing market. For every renter household in Evans, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Evans?

The rental vacancy rate in Evans is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Evans for each bedroom size?

Occupied Rental Units by Size in Evans
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 217 709 699 242
Occupied Rental Units by Size in Evans

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

Among renter households in this market, 47 percent have housing cost burden. Further, 28 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 Evans

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,062 to $2,391. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,062
One BR $1,190
Two BR $1,533
Three BR $2,160
Four BR $2,391
2024 Fair Market Rents in Evans, Colorado

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

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 4 10 percent
One BR 109 50 percent
Two BR 550 78 percent
Rental Units Below FMR in Evans, Colorado

How many affordable rental units are in Evans?

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

Federal Program Unit Count
Low Income Housing Tax Credit 68
Section 8 Project-Based Rental Assistance 48
Tracked Units by Federal Program in Evans, Colorado

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

Income Based Apartments in Evans, Colorado

Evans features 48 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 Evans, Colorado

There are 68 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Evans.

Housing Choice Vouchers in Evans, Colorado

On average, Section 8 Housing Choice vouchers pay Evans landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Evans.

The maximum amount a voucher would pay on behalf of a low-income tenant in Evans, Colorado for a two-bedroom apartment is between $1,380 and $1,686.

Sourced from federal housing data and AffordableHousingOnline.com research.