Low Income Apartments In Arapahoe County
Colorado

Low Income Apartments In Arapahoe County

Broadway Lofts

3401 S Broadway
Englewood, CO
1-2 BR
HCV Welcome

Foundry Apartments

501 W. Bates Ave
Englewood, CO
1-2 BR
HCV Welcome

Sheridan Gardens Apartments

4300 S Lowell Blvd
Englewood, CO
2-3 BR
Subsidized

Canterbury Apartments

3600 S Delaware St
Englewood, CO
HCV Welcome

Lara Lea Apartments

5540 S Elati St
Littleton, CO
HCV Welcome

Presidential Arms Apartments

3595 S Washington St
Englewood, CO
HCV Welcome

Amity Plaza

200 W Sterne Pkwy
Littleton, CO
Subsidized

Developmental Pathways

6683 S Washington St
Centennial, CO
Accessible
Disabled Supportive Housing
Subsidized

Alyson Court

5807 S Gallup St
Littleton, CO
Subsidized

Kings Point Apartments

3500 S Lowell Blvd
Sheridan, CO
Subsidized

There are 28 low income housing apartment complexes which contain 2,348 affordable apartments for rent in Arapahoe County, Colorado. Many of these rental apartments are income based housing with about 1,161 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 463 Project-Based Section 8 subsidized apartments in Arapahoe County. There are 1,187 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Arapahoe County

Housing Authority Programs
South Metro Housing Options Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Arapahoe County

Housing Authority Programs
Innovative Housing Concepts Section 8 Housing Choice Voucher (HCV); Public Housing
Housing Authority of the City of Aurora Section 8 Housing Choice Voucher (HCV); Public Housing; Family Unification Program (FUP); Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Section 8 Project-Based Rental Assistance (PBRA)
Sheridan Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Arapahoe County, Colorado

Arapahoe County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 28
Total Low Income Apartments 2,348
Total Rent Assisted Apartments 1,161
Percentage of Housing Units Occupied By Renters 37.85%
Average Renter Household Size 2.52
Total Population 608,310
Housing Units 229,601
Average Household Size 2.63
Median Household Income $63,265 ±$942
Median Rent $1,077 ±$11
Percentage Of Renters Overburdened 51.07% ± 1.52pp

Population and Household Demographics

Arapahoe County is a County in Colorado with a population of 608,310. There are 229,601 households in the county with an average household size of 2.63 persons. 37.85% of households in Arapahoe County are renters.

Income and Rent Overburden in Arapahoe County

The median gross income for households in Arapahoe County is $63,265 a year, or $5,272 a month. The median rent for the county is $1,077 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Arapahoe County, a household making less than $3,590 a month would be considered overburdened when renting an apartment at or above the median rent. 51.07% of households who rent are overburdened in Arapahoe County.1

Area Median Income In Arapahoe County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Arapahoe County, HUD calculates the Area Median Income for a family of four as $92,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Arapahoe County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Arapahoe County HUD Rental Assistance in Arapahoe County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,500 $22,300 $25,100 $27,850 $30,170 $34,590 $39,010 $43,430
50% of Median $32,500 $37,150 $41,800 $46,400 $50,150 $53,850 $57,550 $61,250
80% of Median $52,000 $59,400 $66,850 $74,250 $80,200 $86,150 $92,100 $98,050
Low Income Housing Tax Credits in Arapahoe County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1994 to 2008, 13 low income apartment communities containing 829 rental apartments have been constructed and made affordable to low income persons in Arapahoe County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Arapahoe County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $39,000 $44,580 $50,160 $55,680 $60,180 $64,620 $69,060 $73,500

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Arapahoe County is $50,160 a year, or $4,180 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,180 by 30% to get a maximum rent of $1,254 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $813 $871 $1,045 $1,207 $1,346 $1,485
60% $975 $1,045 $1,254 $1,448 $1,616 $1,782
Fair Market Rents in Arapahoe County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,029 $1,204 $1,508 $2,119 $2,461

Cities In Arapahoe County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Littleton 13 The HUD funded Public Housing Agency that serves Littleton is the South Metro Housing Options.
Sheridan 2 The HUD funded Public Housing Agency that serves Sheridan is the Innovative Housing Concepts.
Greenwood Village 2
Englewood 10 The HUD funded Public Housing Agency that serves Englewood is the Innovative Housing Concepts.
Deer Trail 0
Aetna Estates 0
Bow Mar 0
Brick Center 0
Byers 0
Centennial 1
Cherry Creek 0
Cherry Hills Village 0
Columbine 0
Columbine Valley 0
Comanche Creek 0
Dove Valley 0
Foxfield 0
Glendale 0
Holly Hills 0
Inverness 0
Peoria 0