Low Income Apartments and Affordable Housing For Rent in Carbondale, CO

Discover affordable housing in Carbondale where there are 3+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Red Hill Lofts

2655 Dolores Way, Carbondale, Colorado

bed Studio-2
payment $773-993/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Crystal Meadows II

1250 Hendrick Dr, Carbondale, Colorado 81623

payment Subsidized
elderly Senior
accessibility Accessible

Villas De Santa Lucia

302 Meadowood Dr, Carbondale, Colorado 81623

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Carbondale, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Oct 18
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carbondale, Colorado
$29.11/hour
$14.69 (+102%) more than Colorado minimum wage and $21.86 (+302%) more than the Federal minimum wage.
Learn More About Carbondale, Colorado Affordable Housing ↓

What HUD offices serve Carbondale, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Carbondale, Colorado.

Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Carbondale.

How many renters live in Carbondale, Colorado?

The City of Carbondale has people living in households.

There are renters living in renter households in this City. Renters make up 34.39 percent of the population living in Carbondale.

What is the rental market like in Carbondale, Colorado?

There are an estimated housing units in the Carbondale area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Carbondale, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Carbondale?

The rental vacancy rate in Carbondale is 0 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Carbondale for each bedroom size?

Occupied Rental Units by Size in Carbondale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
76 251 372 203 120
Occupied Rental Units by Size in Carbondale

A large number of apartments in Carbondale have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Carbondale

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,162 to $2,438. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,162
One BR $1,170
Two BR $1,537
Three BR $2,166
Four BR $2,438
2024 Fair Market Rents in Carbondale, Colorado

How many units are rented at Fair Market Rent (FMR) in Carbondale?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 34 45 percent
One BR 129 51 percent
Two BR 22 6 percent
Rental Units Below FMR in Carbondale, Colorado

How many affordable rental units are in Carbondale?

There are a variety of federal affordable housing programs serving households in Carbondale, Colorado including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Carbondale, Colorado

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Carbondale, Colorado

Carbondale features 46 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 Carbondale, Colorado

There are 61 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carbondale.

Housing Choice Vouchers in Carbondale, Colorado

On average, Section 8 Housing Choice vouchers pay Carbondale landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Carbondale.

The maximum amount a voucher would pay on behalf of a low-income tenant in Carbondale, Colorado for a two-bedroom apartment is between $1,383 and $1,691.

Sourced from federal housing data and AffordableHousingOnline.com research.

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