Boulder, Colorado Affordable Housing

Affordable Housing programs support 554 income based apartments in Boulder where households pay rent based on how much they earn.

There are 1,710 affordable apartments in Boulder that offer reduced rents to low-income households.

Waiting Lists in Boulder, Colorado

There are two Section 8 Housing Choice Voucher waiting lists opening soon in Boulder.

Go to the Colorado Section 8 Waiting Lists page for more openings near Boulder.

Canyon Pointe Apartments

700 Walnut St
Boulder, Colorado
Income Based
1 BR
Rent Assisted
62+

Glen Willow Apartments

303 Pearl Street
Boulder, Colorado
Call For Rent
Studio-4 BR
Rent Assisted

The Bus Stop Apartments

4871 Broadway
Boulder, Colorado
Call For Rent
Studio-1 BR
Affordable

Laguna Place Apartments

4480 Laguna Place
Boulder, Colorado
Call For Rent
2 BR
Affordable

Sage Court Apartments

2965 Valmont Rd
Boulder, Colorado
Call For Rent
1-2 BR
Affordable

Broadway West Community

3120 Broadway St
Boulder, Colorado
$1152
3 BR
Affordable

The Nest on 30th

2995 Eagle Way
Boulder, Colorado
Call For Rent
Studio-2 BR
Affordable

Lee Hill

1175 Lee Hill Dr
Boulder, Colorado
Call For Rent
1 BR
Homeless Supportive Housing
Affordable

High Mar Apartments

4990 Moorhead Ave
Boulder, Colorado
Call For Rent
1-2 BR
55+
Affordable

Fairways Apartments

5600 Arapahoe Ave
Boulder, Colorado
Call For Rent
1-2 BR
Affordable
Showing Results 1-10

Affordable Housing Near Boulder

View affordable apartments and waiting lists in cities near Boulder

City Apartments
Longmont, CO Affordable Housing programs support 32 apartment communities in Longmont.
Louisville, CO Affordable Housing programs support 6 apartment communities in Louisville.
Lafayette, CO Affordable Housing programs support 4 apartment communities in Lafayette.
Nederland, CO Affordable Housing programs support 3 apartment communities in Nederland.
Lyons, CO Affordable Housing programs support 2 apartment communities in Lyons.

Public Housing Agencies Serving Boulder, 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.

Housing Authority Programs
Boulder County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Boulder Housing Partners Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work
Longmont Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Boulder.

Boulder, Colorado Affordable Housing Data

Income Based Apartments in Boulder, Colorado

Boulder features 554 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 Boulder, Colorado

There are 1,710 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Boulder.

Housing Choice Vouchers in Boulder, Colorado

On average, Section 8 Housing Choice vouchers pay Boulder landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Boulder.

The maximum amount a voucher would pay on behalf of a low-income tenant in Boulder, Colorado for a two-bedroom apartment is between $1,720 and $2,102.

2023 Boulder, 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
Boulder, Colorado Fair Market Rent $1,397 $1,578 $1,911 $2,541 $3,005
Boulder, Colorado Payment Standard Range $1,257 to $1,537 $1,420 to $1,736 $1,720 to $2,102 $2,287 to $2,795 $2,705 to $3,306

Sourced from federal housing data and AffordableHousingOnline.com research.

Boulder, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 41
Total Low Income Apartments 2,428
Total Housing Units with Rental Assistance 554
Percentage of Housing Units Occupied By Renters 52.21%
Average Renter Household Size 2.20
Average Household Size 2.24
Median Household Income $58,484 ±$2,316
Median Rent $1,243 ±$32
Percentage Of Renters Overburdened 59.08% ± 2.51pp
Total Population 103,919

Population and Household Demographics

Boulder is a city in Boulder County, Colorado with a population of 103,919. There are 42,165 households in the city with an average household size of 2.24 persons. 52.21% of households in Boulder are renters.

Income and Rent Overburden in Boulder

The median gross income for households in Boulder is $58,484 a year, or $4,874 a month. The median rent for the city is $1,243 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Boulder, a household making less than $4,143 a month would be considered overburdened when renting an apartment at or above the median rent. 59.08% of households who rent are overburdened in Boulder.

Area Median Income In Boulder

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 Boulder, the AMI is calculated from all households within Boulder County.

In Boulder, HUD calculates the Area Median Income for a family of four as $125,400

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 Boulder

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 Boulder

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 Boulder AMI may qualify for rental assistance programs that target Extremely Low Income households.
$26,350 $30,100 $33,850 $37,600 $40,650 $43,650 $46,650 $49,650
50% AMI Income Limits
Renters earning up to 50% of the Boulder AMI may qualify for rental assistance programs that target Very Low Income households.
$43,900 $50,200 $56,450 $62,700 $67,750 $72,750 $77,750 $82,800
80% AMI Income Limits
Renters earning up to 80% of the Boulder AMI may qualify for rental assistance programs that target Low Income households.
$63,000 $72,000 $81,000 $89,950 $97,150 $104,350 $111,550 $118,750