Low Income Apartments and Affordable Housing For Rent in Kit Carson County, CO

Discover affordable housing in Kit Carson County where there are 6+ 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.

Burlington Manor

2505 Senter Ave, Burlington, Colorado 80807

Pioneer Valley

511 Quandary Ave, Flagler, Colorado 80815

Burlington

910 Lowell Ave, Burlington, Colorado 80807

Senter West Village Apartments

2665 Senter Ave, Burlington, Colorado 80807

Harvest Heights Hsg

710 5th Street, Stratton, Colorado

H9hom 99016c Healthy Living Systems

1241 3rd Ave, Vona, Colorado 80861

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kit Carson County, Colorado
$22.23/hour
$7.81 (+54%) more than Colorado minimum wage and $14.98 (+207%) more than the Federal minimum wage.
Learn More About Kit Carson County, Colorado Affordable Housing ↓

How many renters live in Kit Carson County, Colorado?

The County of Kit Carson County has 7,039 people living in 2,979 households.

There are 2,386 renters living in 975 renter households in this County. Renters make up 33.9 percent of the population living in Kit Carson County.

What is the rental market like in Kit Carson County, Colorado?

There are an estimated 3,430 housing units in the Kit Carson County area. Of these, 1,057 units are rental homes, making up 31 percent of the housing market. For every renter household in Kit Carson County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Kit Carson County?

The rental vacancy rate in Kit Carson County 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 Kit Carson County for each bedroom size?

Occupied Rental Units by Size in Kit Carson County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
19 176 330 294 104
Occupied Rental Units by Size in Kit Carson County

A large number of apartments in Kit Carson County 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 Kit Carson County are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Kit Carson County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $888 to $1,786. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $888
One BR $893
Two BR $1,174
Three BR $1,420
Four BR $1,786
2024 Fair Market Rents in Kit Carson County, Colorado

How many units are rented at Fair Market Rent (FMR) in Kit Carson County?

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 8 42 percent
One BR 100 57 percent
Two BR 200 61 percent
Rental Units Below FMR in Kit Carson County, Colorado

How many affordable rental units are in Kit Carson County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 17
Public Housing 31
Section 8 Project-Based Rental Assistance 66
USDA Section 514 Farm Labor Housing 12
Tracked Units by Federal Program in Kit Carson County, Colorado

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

Income Based Apartments in Kit Carson County, Colorado

Kit Carson County features 109 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 Kit Carson County, Colorado

There are 49 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kit Carson County.

Housing Choice Vouchers in Kit Carson County, Colorado

On average, Section 8 Housing Choice vouchers pay Kit Carson County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kit Carson County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kit Carson County, Colorado for a two-bedroom apartment is between $1,057 and $1,291.

Sourced from federal housing data and AffordableHousingOnline.com research.