Low Income Apartments and Affordable Housing For Rent in Las Animas, CO

Discover affordable housing in Las Animas where there are 4+ 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.

Arkansas Valley Community Center

30015 County Road 10, Las Animas, Colorado 81054

Las Animas Housing

231 Locust Ave, Las Animas, Colorado 81054

Sunshine Village Apartments

121 Locust Ave, Las Animas, Colorado 81054

Bent Cty Farm Hsg

1227 11th Street, Las Animas, Colorado

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Las Animas, Colorado
$19.32/hour
$4.90 (+34%) more than Colorado minimum wage and $12.07 (+166%) more than the Federal minimum wage.
Learn More About Las Animas, Colorado Affordable Housing ↓

What HUD offices serve Las Animas, 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) programs for Las Animas, Colorado.

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

How many renters live in Las Animas, Colorado?

The City of Las Animas has 2,421 people living in 1,037 households.

There are 1,151 renters living in 489 renter households in this City. Renters make up 47.54 percent of the population living in Las Animas.

What is the rental market like in Las Animas, Colorado?

There are an estimated 1,252 housing units in the Las Animas area. Of these, 489 units are rental homes, making up 39 percent of the housing market. For every renter household in Las Animas, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Las Animas?

The rental vacancy rate in Las Animas is 0 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 Las Animas for each bedroom size?

Occupied Rental Units by Size in Las Animas
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 56 160 183 68
Occupied Rental Units by Size in Las Animas

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

Among renter households in this market, 56 percent have housing cost burden. Further, 18 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 Las Animas

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $771 to $1,642. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $771
One BR $776
Two BR $1,020
Three BR $1,265
Four BR $1,642
2024 Fair Market Rents in Las Animas, Colorado

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

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 0 100 percent
One BR 41 73 percent
Two BR 93 58 percent
Rental Units Below FMR in Las Animas, Colorado

How many affordable rental units are in Las Animas?

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

Federal Program Unit Count
Low Income Housing Tax Credit 25
Section 8 Project-Based Rental Assistance 18
USDA Section 515 Rural Rental Housing 10
Tracked Units by Federal Program in Las Animas, Colorado

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

Income Based Apartments in Las Animas, Colorado

Las Animas features 25 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 Las Animas, Colorado

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Las Animas.

Housing Choice Vouchers in Las Animas, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Las Animas, Colorado for a two-bedroom apartment is between $918 and $1,122.

Sourced from federal housing data and AffordableHousingOnline.com research.