Affordable Housing In Arapahoe County
Colorado
30 Low Income Apartment Communities In Arapahoe County
Housing Authorities that serve Arapahoe County
| Housing Authority | Programs |
|---|---|
| South Metro Housing Options | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Arapahoe County, Colorado
There are 30 low income housing apartment communities offering 2,141 affordable apartments for rent in Arapahoe County, Colorado.
Income Based Apartments in Arapahoe County, Colorado
Arapahoe County features 753 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 Arapahoe County, Colorado
There are 1,388 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Arapahoe County.
Housing Choice Vouchers in Arapahoe County, Colorado
On average, Section 8 Housing Choice vouchers pay Arapahoe County landlords $1,200 per month towards rent. The average voucher holder contributes $400 towards rent in Arapahoe County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Arapahoe County, Colorado for a two-bedroom apartment is between $1,445 and $1,766.
2021 Arapahoe County, Colorado Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
| Studio | One BR | Two BR | Three BR | Four BR | |
|---|---|---|---|---|---|
| Arapahoe County, Colorado Fair Market Rent | $1,179 | $1,304 | $1,605 | $2,186 | $2,486 |
| Arapahoe County, Colorado Payment Standard Range | $1,061 to $1,297 | $1,174 to $1,434 | $1,445 to $1,766 | $1,967 to $2,405 | $2,237 to $2,735 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Arapahoe County, CO Affordable Housing Snapshot
| Total Affordable Apartment Properties | 30 |
|---|---|
| Total Low Income Apartments | 2,141 |
| Total Housing Units with Rental Assistance | 753 |
| Percentage of Housing Units Occupied By Renters | 37.85% |
| Average Renter Household Size | 2.52 |
| Average Household Size | 2.63 |
| Median Household Income | $63,265 ±$942 |
| Median Rent | $1,077 ±$11 |
| Percentage Of Renters Overburdened | 51.07% ± 1.52pp |
| Total Population | 608,310 |
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.
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 $104,800
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 HUD Rental Assistance in Arapahoe County
| 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person | |
|---|---|---|---|---|---|---|---|---|
| 30% AMI Income Limits Renters earning up to 30% of the Arapahoe County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$22,050 | $25,200 | $28,350 | $31,450 | $34,000 | $36,500 | $40,120 | $44,660 |
| 50% AMI Income Limits Renters earning up to 50% of the Arapahoe County AMI may qualify for rental assistance programs that target Very Low Income households. |
$36,700 | $41,950 | $47,200 | $52,400 | $56,600 | $60,800 | $65,000 | $69,200 |
| 80% AMI Income Limits Renters earning up to 80% of the Arapahoe County AMI may qualify for rental assistance programs that target Low Income households. |
$55,950 | $63,950 | $71,950 | $79,900 | $86,300 | $92,700 | $99,100 | $105,500 |
Cities In Arapahoe County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Aetna Estates | The HUD funded Public Housing Agency that serves Aetna Estates is the South Metro Housing Options. |
| Bow Mar | The HUD funded Public Housing Agency that serves Bow Mar is the South Metro Housing Options. |
| Brick Center | The HUD funded Public Housing Agency that serves Brick Center is the South Metro Housing Options. |
| Byers | The HUD funded Public Housing Agency that serves Byers is the South Metro Housing Options. |
| Centennial | The HUD funded Public Housing Agency that serves Centennial is the South Metro Housing Options. |
| Cherry Creek | The HUD funded Public Housing Agency that serves Cherry Creek is the South Metro Housing Options. |
| Cherry Hills Village | The HUD funded Public Housing Agency that serves Cherry Hills Village is the South Metro Housing Options. |
| Columbine | The HUD funded Public Housing Agency that serves Columbine is the South Metro Housing Options. |
| Columbine Valley | The HUD funded Public Housing Agency that serves Columbine Valley is the South Metro Housing Options. |
| Comanche Creek | The HUD funded Public Housing Agency that serves Comanche Creek is the South Metro Housing Options. |
| Deer Trail | The HUD funded Public Housing Agency that serves Deer Trail is the South Metro Housing Options. |
| Dove Valley | The HUD funded Public Housing Agency that serves Dove Valley is the South Metro Housing Options. |
| Englewood | The HUD funded Public Housing Agencies that serve Englewood are the Innovative Housing Concepts and South Metro Housing Options. |
| Foxfield | The HUD funded Public Housing Agency that serves Foxfield is the South Metro Housing Options. |
| Glendale | The HUD funded Public Housing Agency that serves Glendale is the South Metro Housing Options. |
| Greenwood Village | The HUD funded Public Housing Agency that serves Greenwood Village is the South Metro Housing Options. |
| Holly Hills | The HUD funded Public Housing Agency that serves Holly Hills is the South Metro Housing Options. |
| Inverness | The HUD funded Public Housing Agency that serves Inverness is the South Metro Housing Options. |
| Littleton | The HUD funded Public Housing Agency that serves Littleton is the South Metro Housing Options. |
| Peoria | The HUD funded Public Housing Agency that serves Peoria is the South Metro Housing Options. |
| Sheridan | The HUD funded Public Housing Agencies that serve Sheridan are the Innovative Housing Concepts and South Metro Housing Options. |
