Affordable Housing In Aurora
Adams County, Colorado

39 Low Income Apartment Communities In Aurora

Village at Westerly Creek III

10827 E Kentucky Ave
Aurora, CO
1-4 BR
Family & Senior
HCV Welcome

Weatherstone Apartments

15594 E 12th Ave
Aurora, CO
Income Based
1-3 BR

Peoria Crossing

12101 East 30th Street
Aurora, CO
1-3 BR
HCV Welcome

Dayton Meadows

1749 S Dayton St
Aurora, CO
Call For Rent
1-3 BR
HCV Welcome

Aspen Meadows Apartments

651 Potomac Ave
Aurora, CO

Plaza Townhomes at Macon and Moline

1342 Macon St
Aurora, CO
Call For Rent
1 BR
HCV Welcome

Asbury Park Apartments

10591 E Asbury Ave
Aurora, CO

Aurora Village Apartments

15972 E 13th Pl
Aurora, CO

Aurora Homes

10675 E Colfax Ave
Aurora, CO

Residences at Hoffman

1324/1348 Xanadu R
Aurora, CO
HCV Welcome

Housing Authorities that serve Aurora

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

Guide To Affordable Housing in Aurora, Colorado

According to federal housing data and research, there are 39 low income housing apartment communities offering 2,950 affordable apartments for rent in Aurora, Colorado. Aurora features 895 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,055 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Aurora.

Aurora, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 39
Total Low Income Apartments 2,950
Total Housing Units with Rental Assistance 895
Percentage of Housing Units Occupied By Renters 43.24%
Average Renter Household Size 2.80
Average Household Size 2.77
Median Household Income $53,011 ±$1,052
Median Rent $1,024 ±$13
Percentage Of Renters Overburdened 54.64% ± 1.92pp
Total Population 345,867

Population and Household Demographics

Aurora is a City in Adams County, Colorado with a population of 345,867. There are 124,031 households in the city with an average household size of 2.77 persons. 43.24% of households in Aurora are renters.

Income and Rent Overburden in Aurora

The median gross income for households in Aurora is $53,011 a year, or $4,418 a month. The median rent for the city is $1,024 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Aurora, a household making less than $3,413 a month would be considered overburdened when renting an apartment at or above the median rent. 54.64% of households who rent are overburdened in Aurora.1

Area Median Income In Aurora

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Aurora, the AMI is calculated from all households within Adams County.

In Aurora, 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 Aurora

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 Aurora HUD Rental Assistance in Aurora

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 Aurora

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

From 1990 to 2008, 22 low income apartment communities containing 2,038 rental apartments have been constructed and made affordable to low income persons in Aurora 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 Aurora

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $32,500 $37,150 $41,800 $46,400 $50,150 $53,850 $57,550 $61,250
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 Aurora 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 Aurora

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,114 $1,260 $1,566 $2,163 $2,488