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

Discover affordable housing in Otero County where there are 16+ 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.

Prairieview Housing

Tbd, La Junta, Colorado 81050

accessibility Accessible

Mountain View Housing

1702 Lincoln Ave, La Junta, Colorado 81050

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Santa Fe Village

401 E 5th St, La Junta, Colorado 81050

payment Subsidized

Plaza Nueva Apartments

702 Sandia Dr, Rocky Ford, Colorado 81067

payment Subsidized

Lilac Circle

602 Lilac Cir, Fowler, Colorado 81039

payment Subsidized

Morningside Heights

1516 E 6th St, La Junta, Colorado 81050

payment Subsidized

Mckittrick Manor

806 Catalpa Ave, Rocky Ford, Colorado 81067

payment Subsidized

Arkva Group Home

701 Lincoln Ave, La Junta, Colorado 81050

accessibility Accessible

Golden Maple Villa

212 Maple Ave, La Junta, Colorado 81050

switch_access_shortcut Short Wait

109 Washington Avenue

109 Washington Avenue, Rocky Ford, Colorado 81067

bed 1
payment $695/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

Otero Villas Apartments

1612 Carson Ave, La Junta, Colorado 81050

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

La Junta

315 E 5th St, La Junta, Colorado 81050

payment Subsidized

College Overlook

1701 Lincoln Ave, La Junta, Colorado 81050

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Nava Manor

965 Swink Ave, Rocky Ford, Colorado 81067

switch_access_shortcut Short Wait

Manzanola Family

402 N Grand Ave, Manzanola, Colorado

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

El Valle Apartments

11101 County Road Ll, Manzanola, Colorado

How To Identify Affordable Housing in Otero County, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Otero County, Colorado
$19.26/hour
$4.84 (+34%) more than Colorado minimum wage and $12.01 (+166%) more than the Federal minimum wage.
Learn More About Otero County, Colorado Affordable Housing ↓

What HUD offices serve Otero County, 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 Otero County, Colorado.

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

How many renters live in Otero County, Colorado?

The County of Otero County has people living in households.

There are renters living in renter households in this County. Renters make up 31.56 percent of the population living in Otero County.

What is the rental market like in Otero County, Colorado?

There are an estimated housing units in the Otero County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Otero County, Colorado, there are 1.16 rental units.

What is the vacancy rate for rentals in Otero County?

The rental vacancy rate in Otero County is 14 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 Otero County for each bedroom size?

Occupied Rental Units by Size in Otero County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
83 471 778 527 374
Occupied Rental Units by Size in Otero County

A large number of apartments in Otero County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Otero County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $769 to $1,726. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $769
One BR $774
Two BR $1,017
Three BR $1,370
Four BR $1,726
2024 Fair Market Rents in Otero County, Colorado

How many units are rented at Fair Market Rent (FMR) in Otero 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 72 87 percent
One BR 390 83 percent
Two BR 490 63 percent
Rental Units Below FMR in Otero County, Colorado

How many affordable rental units are in Otero County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Otero County, Colorado

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

Income Based Apartments in Otero County, Colorado

Otero County features 487 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 Otero County, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Otero County.

Housing Choice Vouchers in Otero County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Otero County, Colorado for a two-bedroom apartment is between $915 and $1,119.

Sourced from federal housing data and AffordableHousingOnline.com research.

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