Affordable Housing In Boulder County
Colorado
81 Low Income Apartment Communities In Boulder County
The Hearthstone
Kestrel
The Lodge at Hover Crossing
Section 8 Vouchers, Apartments, and Waiting Lists in Boulder County, 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.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Boulder County, Colorado
| 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 |
Guide To Affordable Housing in Boulder County, Colorado
There are 81 low income housing apartment communities offering 5,274 affordable apartments for rent in Boulder County, Colorado.
Income Based Apartments in Boulder County, Colorado
Boulder County features 1,225 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 County, Colorado
There are 3,853 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Boulder County.
Housing Choice Vouchers in Boulder County, Colorado
On average, Section 8 Housing Choice vouchers pay Boulder County landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Boulder County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Boulder County, Colorado for a two-bedroom apartment is between $1,573 and $1,923.
2022 Boulder 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 | |
|---|---|---|---|---|---|
| Boulder County, Colorado Fair Market Rent | $1,284 | $1,449 | $1,748 | $2,352 | $2,786 |
| Boulder County, Colorado Payment Standard Range | $1,156 to $1,412 | $1,304 to $1,594 | $1,573 to $1,923 | $2,117 to $2,587 | $2,507 to $3,065 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Boulder County, CO Affordable Housing Snapshot
| Total Affordable Apartment Properties | 81 |
|---|---|
| Total Low Income Apartments | 5,274 |
| Total Housing Units with Rental Assistance | 1,225 |
| Percentage of Housing Units Occupied By Renters | 37.83% |
| Average Renter Household Size | 2.32 |
| 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 |
| Total Population | 310,032 |
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.
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 $116,900
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 HUD Rental Assistance in Boulder 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 Boulder County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,550 | $28,050 | $31,550 | $35,050 | $37,900 | $40,700 | $43,500 | $46,300 |
| 50% AMI Income Limits Renters earning up to 50% of the Boulder County AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,950 | $46,800 | $52,650 | $58,450 | $63,150 | $67,850 | $72,500 | $77,200 |
| 80% AMI Income Limits Renters earning up to 80% of the Boulder County AMI may qualify for rental assistance programs that target Low Income households. |
$56,300 | $64,350 | $72,400 | $80,400 | $86,850 | $93,300 | $99,700 | $106,150 |
Cities In Boulder County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Allenspark | The HUD funded Public Housing Agencies that serve Allenspark are the Boulder County Housing Authority and Boulder Housing Partners. |
| Altona | The HUD funded Public Housing Agencies that serve Altona are the Boulder County Housing Authority and Boulder Housing Partners. |
| Bark Ranch | The HUD funded Public Housing Agencies that serve Bark Ranch are the Boulder County Housing Authority and Boulder Housing Partners. |
| Bonanza Mountain Estates | The HUD funded Public Housing Agencies that serve Bonanza Mountain Estates are the Boulder County Housing Authority and Boulder Housing Partners. |
| Boulder | The HUD funded Public Housing Agencies that serve Boulder are the Boulder County Housing Authority and Boulder Housing Partners. |
| Coal Creek | The HUD funded Public Housing Agencies that serve Coal Creek are the Boulder County Housing Authority and Boulder Housing Partners. |
| Crisman | The HUD funded Public Housing Agencies that serve Crisman are the Boulder County Housing Authority and Boulder Housing Partners. |
| Eldora | The HUD funded Public Housing Agencies that serve Eldora are the Boulder County Housing Authority and Boulder Housing Partners. |
| Eldorado Springs | The HUD funded Public Housing Agencies that serve Eldorado Springs are the Boulder County Housing Authority and Boulder Housing Partners. |
| Erie | The HUD funded Public Housing Agencies that serve Erie are the Boulder County Housing Authority and Boulder Housing Partners. |
| Glendale | The HUD funded Public Housing Agencies that serve Glendale are the Boulder County Housing Authority and Boulder Housing Partners. |
| Gold Hill | The HUD funded Public Housing Agencies that serve Gold Hill are the Boulder County Housing Authority and Boulder Housing Partners. |
| Gunbarrel | The HUD funded Public Housing Agencies that serve Gunbarrel are the Boulder County Housing Authority and Boulder Housing Partners. |
| Hidden Lake | The HUD funded Public Housing Agencies that serve Hidden Lake are the Boulder County Housing Authority and Boulder Housing Partners. |
| Jamestown | The HUD funded Public Housing Agencies that serve Jamestown are the Boulder County Housing Authority and Boulder Housing Partners. |
| Lafayette | The HUD funded Public Housing Agencies that serve Lafayette are the Boulder County Housing Authority and Boulder Housing Partners. |
| Lazy Acres | The HUD funded Public Housing Agencies that serve Lazy Acres are the Boulder County Housing Authority and Boulder Housing Partners. |
| Leyner | The HUD funded Public Housing Agencies that serve Leyner are the Boulder County Housing Authority and Boulder Housing Partners. |
| Longmont | The HUD funded Public Housing Agencies that serve Longmont are the Boulder County Housing Authority, Longmont Housing Authority and Boulder Housing Partners. |
| Louisville | The HUD funded Public Housing Agencies that serve Louisville are the Boulder County Housing Authority and Boulder Housing Partners. |
| Lyons | The HUD funded Public Housing Agencies that serve Lyons are the Boulder County Housing Authority and Boulder Housing Partners. |
| Mountain Meadows | The HUD funded Public Housing Agencies that serve Mountain Meadows are the Boulder County Housing Authority and Boulder Housing Partners. |
| Nederland | The HUD funded Public Housing Agencies that serve Nederland are the Boulder County Housing Authority and Boulder Housing Partners. |
| Niwot | The HUD funded Public Housing Agencies that serve Niwot are the Boulder County Housing Authority and Boulder Housing Partners. |
| Paragon Estates | The HUD funded Public Housing Agencies that serve Paragon Estates are the Boulder County Housing Authority and Boulder Housing Partners. |
| Pine Brook Hill | The HUD funded Public Housing Agencies that serve Pine Brook Hill are the Boulder County Housing Authority and Boulder Housing Partners. |
| Seven Hills | The HUD funded Public Housing Agencies that serve Seven Hills are the Boulder County Housing Authority and Boulder Housing Partners. |
| St. Ann Highlands | The HUD funded Public Housing Agencies that serve St. Ann Highlands are the Boulder County Housing Authority and Boulder Housing Partners. |
| Sugarloaf | The HUD funded Public Housing Agencies that serve Sugarloaf are the Boulder County Housing Authority and Boulder Housing Partners. |
| Sunshine | The HUD funded Public Housing Agencies that serve Sunshine are the Boulder County Housing Authority and Boulder Housing Partners. |
| Superior | The HUD funded Public Housing Agencies that serve Superior are the Boulder County Housing Authority and Boulder Housing Partners. |
| Tall Timber | The HUD funded Public Housing Agencies that serve Tall Timber are the Boulder County Housing Authority and Boulder Housing Partners. |
| Valmont | The HUD funded Public Housing Agencies that serve Valmont are the Boulder County Housing Authority and Boulder Housing Partners. |
| Ward | The HUD funded Public Housing Agencies that serve Ward are the Boulder County Housing Authority and Boulder Housing Partners. |
