What HUD offices serve Cripple Creek, 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.
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Cripple Creek.
How many renters live in Cripple Creek, Colorado?
The City of Cripple Creek has people living in households.
There are renters living in renter households in this City. Renters make up 41.9 percent of the population living in Cripple Creek.
What is the rental market like in Cripple Creek, Colorado?
There are an estimated housing units in the Cripple Creek area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cripple Creek, Colorado, there are 1.02 rental units.
What is the vacancy rate for rentals in Cripple Creek?
The rental vacancy rate in Cripple Creek is 2 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 Cripple Creek for each bedroom size?
Occupied Rental Units by Size in Cripple Creek
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 49 | 71 | 96 | 20 | 0 |
Occupied Rental Units by Size in Cripple Creek
A large number of apartments in Cripple Creek 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 Cripple Creek
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,029 to $2,576. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,029 |
| One BR | $1,352 |
| Two BR | $1,518 |
| Three BR | $2,139 |
| Four BR | $2,576 |
2024 Fair Market Rents in Cripple Creek, Colorado
How many units are rented at Fair Market Rent (FMR) in Cripple Creek?
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 | 49 | 100 percent |
| One BR | 62 | 87 percent |
| Two BR | 75 | 78 percent |
Rental Units Below FMR in Cripple Creek, Colorado
How many affordable rental units are in Cripple Creek?
There are a variety of federal affordable housing programs serving households in Cripple Creek, Colorado including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Cripple Creek, Colorado
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cripple Creek, Colorado
Cripple Creek features 10 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 Cripple Creek, Colorado
There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cripple Creek.
Housing Choice Vouchers in Cripple Creek, Colorado
On average, Section 8 Housing Choice vouchers pay Cripple Creek landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cripple Creek.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cripple Creek, Colorado for a two-bedroom apartment is between $1,366 and $1,670.
Sourced from federal housing data and AffordableHousingOnline.com research.