Pikes Peak Properties

3609 Michigan Ave, Colorado Springs, Colorado 80910

Pikes Peak Properties are one bedroom and two bedroom units for eligible families, elderly/disabled applicants. Tenants will pay 30% of their gross income for rent and some apartments are responsible for paying their electric bill depending upon the location. Pikes Peak Properties are located at two different locations and have four apartments per building. They offer off street parking as well as two handicapped accessible units. Participants are required to have an annual inspection.  

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price

Pikes Peak Properties Details

  • 8 one and two bedroom units.
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • Off Street Parking

Unit Amenities

  • Handicapped Accessible

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Colorado Springs HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Colorado Springs but actual income limits may differ for units at Pikes Peak Properties.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,300 $19,800 $22,250 $26,500 $31,040 $35,580 $40,120 $44,660
50% $28,850 $33,000 $37,100 $41,200 $44,500 $47,800 $51,100 $54,400
80% $46,150 $52,750 $59,350 $65,900 $71,200 $76,450 $81,750 $87,000

Pikes Peak Properties is managed by Colorado Springs Housing Authority.

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