Low Income Apartments In Boulder County
Colorado


Waiting List Openings In Boulder County

Waiting ListStatus
Boulder Housing Partners Housing Choice Voucher Open Now

Low Income Apartments In Boulder County

The Hearthstone

1762 Cook Ct
Longmont, CO
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Kestrel

245 North 96th Street
Louisville, CO
$1,105-1,532
1-3 BR
55+
Accessible
Family & Senior

Canyon Pointe Apartments

700 Walnut St
Boulder, CO
Income Based
1 BR
62+
Subsidized

The Lodge at Hover Crossing

2127 18th Ave
Longmont, CO
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Broadway West Community

3120 Broadway St
Boulder, CO
$1152
3 BR
HCV Welcome

Centennial Park Apartments

1205 Pace Street
Longmont, CO
$1,138-1,761
1-4 BR
HCV Welcome

Fairways Apartments

5600 Arapahoe Ave
Boulder, CO
Call For Rent
1-2 BR
HCV Welcome

Copper Peak Apartments

2770 Copper Peak Lane
Longmont, CO
$929-1,589
1-3 BR
HCV Welcome

Crisman Apartments

750 Crisman Drive
Longmont, CO
Call For Rent
1-2 BR
HCV Welcome

Dunn Memorial Housing

4805 Baseline Rd
Boulder, CO
Income Based
1 BR
55+

There are 67 low income housing apartment complexes which contain 4,510 affordable apartments for rent in Boulder County. Many of these rental apartments are income based housing with 1,170 apartments that set rent based on your income. In Boulder County, HUD housing programs support 668 rental assistance apartments through programs like Project-based Section 8. There are 3,326 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 Boulder County

Housing Authority Programs
Boulder County Housing and Human Services Section 8 Housing Choice Voucher (HCV); Public Housing
Boulder Housing Partners Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work

Other Housing Authorities located in Boulder County

Housing Authority Programs
Louisville Housing Authority Public Housing
Longmont Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Center for People With Disabilities Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Boulder County, Colorado

Boulder County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 67
Total Low Income Apartments 4,510
Total Rent Assisted Apartments 1,170
Percentage of Housing Units Occupied By Renters 37.83%
Average Renter Household Size 2.32
Total Population 310,032
Housing Units 122,516
Average Household Size 2.45
Median Household Income $70,961 ±$1,552
Median Rent $1,187 ±$19
Percentage Of Renters Overburdened 54.01% ± 2.14pp

Population and Household Demographics

Boulder County is a County in Colorado with a population of 310,032. There are 122,516 households in the county with an average household size of 2.45 persons. 37.83% of households in Boulder County are renters.

Income and Rent Overburden in Boulder County

The median gross income for households in Boulder County is $70,961 a year, or $5,913 a month. The median rent for the county is $1,187 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Boulder County, a household making less than $3,957 a month would be considered overburdened when renting an apartment at or above the median rent. 54.01% of households who rent are overburdened in Boulder County.1

Area Median Income In Boulder 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 Boulder County, HUD calculates the Area Median Income for a family of four as $113,600

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 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 Boulder County HUD Rental Assistance in Boulder County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $23,900 $27,300 $30,700 $34,100 $36,850 $39,600 $42,300 $45,050
50% of Median $39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Boulder County

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

From 1990 to 2012, 31 low income apartment communities containing 1,845 rental apartments have been constructed and made affordable to low income persons in Boulder 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 Boulder County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $47,760 $54,540 $61,380 $68,160 $73,620 $79,080 $84,540 $90,000

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 Boulder County is $61,380 a year, or $5,115 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,115 by 30% to get a maximum rent of $1,535 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% $995 $1,066 $1,279 $1,477 $1,648 $1,818
60% $1,194 $1,279 $1,535 $1,772 $1,977 $2,182
Fair Market Rents in Boulder 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
$1,130 $1,242 $1,516 $2,126 $2,384

Cities In Boulder County

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

City Listings Served By
Longmont 26 The HUD funded Public Housing Agencies that serve Longmont are the Boulder County Housing and Human Services, Longmont Housing Authority and Boulder Housing Partners.
Boulder 27 The HUD funded Public Housing Agencies that serve Boulder are the Boulder Housing Partners and Boulder County Housing and Human Services.
Lyons 2 The HUD funded Public Housing Agencies that serve Lyons are the Boulder County Housing and Human Services and Boulder Housing Partners.
Louisville 6 The HUD funded Public Housing Agencies that serve Louisville are the Boulder County Housing and Human Services and Boulder Housing Partners.
Lafayette 4 The HUD funded Public Housing Agencies that serve Lafayette are the Boulder County Housing and Human Services and Boulder Housing Partners.
Glendale 1 The HUD funded Public Housing Agencies that serve Glendale are the Boulder County Housing and Human Services and Boulder Housing Partners.
Nederland 1 The HUD funded Public Housing Agencies that serve Nederland are the Boulder County Housing and Human Services and Boulder Housing Partners.
Allenspark 0 The HUD funded Public Housing Agency that serves Allenspark is the Boulder Housing Partners.
Altona 0 The HUD funded Public Housing Agency that serves Altona is the Boulder Housing Partners.
Bark Ranch 0 The HUD funded Public Housing Agency that serves Bark Ranch is the Boulder Housing Partners.
Bonanza Mountain Estates 0 The HUD funded Public Housing Agency that serves Bonanza Mountain Estates is the Boulder Housing Partners.
Coal Creek 0 The HUD funded Public Housing Agency that serves Coal Creek is the Boulder Housing Partners.
Crisman 0 The HUD funded Public Housing Agency that serves Crisman is the Boulder Housing Partners.
Eldora 0 The HUD funded Public Housing Agency that serves Eldora is the Boulder Housing Partners.
Eldorado Springs 0 The HUD funded Public Housing Agency that serves Eldorado Springs is the Boulder Housing Partners.
Erie 0 The HUD funded Public Housing Agency that serves Erie is the Boulder Housing Partners.
Gold Hill 0 The HUD funded Public Housing Agency that serves Gold Hill is the Boulder Housing Partners.
Gunbarrel 0 The HUD funded Public Housing Agency that serves Gunbarrel is the Boulder Housing Partners.
Hidden Lake 0 The HUD funded Public Housing Agency that serves Hidden Lake is the Boulder Housing Partners.
Jamestown 0 The HUD funded Public Housing Agency that serves Jamestown is the Boulder Housing Partners.
Lazy Acres 0 The HUD funded Public Housing Agency that serves Lazy Acres is the Boulder Housing Partners.
Leyner 0 The HUD funded Public Housing Agency that serves Leyner is the Boulder Housing Partners.
Mountain Meadows 0 The HUD funded Public Housing Agency that serves Mountain Meadows is the Boulder Housing Partners.
Niwot 0 The HUD funded Public Housing Agency that serves Niwot is the Boulder Housing Partners.
Paragon Estates 0 The HUD funded Public Housing Agency that serves Paragon Estates is the Boulder Housing Partners.
Pine Brook Hill 0 The HUD funded Public Housing Agency that serves Pine Brook Hill is the Boulder Housing Partners.
St. Ann Highlands 0 The HUD funded Public Housing Agency that serves St. Ann Highlands is the Boulder Housing Partners.
Seven Hills 0 The HUD funded Public Housing Agency that serves Seven Hills is the Boulder Housing Partners.
Sugarloaf 0 The HUD funded Public Housing Agency that serves Sugarloaf is the Boulder Housing Partners.
Sunshine 0 The HUD funded Public Housing Agency that serves Sunshine is the Boulder Housing Partners.
Superior 0 The HUD funded Public Housing Agency that serves Superior is the Boulder Housing Partners.
Tall Timber 0 The HUD funded Public Housing Agency that serves Tall Timber is the Boulder Housing Partners.
Valmont 0 The HUD funded Public Housing Agency that serves Valmont is the Boulder Housing Partners.
Ward 0 The HUD funded Public Housing Agency that serves Ward is the Boulder Housing Partners.