Low Income Apartments and Affordable Housing For Rent in Del Norte, CO

Discover affordable housing in Del Norte 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.

La Hacienda Del Norte

1025 Spruce St, Del Norte, Colorado 81132

Gateway Villa Apts

929 Spruce Street, Del Norte, Colorado

Del Norte Family

915 Spruce St, Del Norte, Colorado 81132

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Del Norte, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Del Norte, Colorado
$20.32/hour
$5.90 (+41%) more than Colorado minimum wage and $13.07 (+180%) more than the Federal minimum wage.
Learn More About Del Norte, Colorado Affordable Housing ↓

How many renters live in Del Norte, Colorado?

The City of Del Norte has people living in households.

There are renters living in renter households in this City. Renters make up 20.02 percent of the population living in Del Norte.

What is the rental market like in Del Norte, Colorado?

There are an estimated housing units in the Del Norte area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Del Norte, Colorado, there are 1.08 rental units.

What is the vacancy rate for rentals in Del Norte?

The rental vacancy rate in Del Norte is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Del Norte for each bedroom size?

Occupied Rental Units by Size in Del Norte
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
28 39 123 14 4
Occupied Rental Units by Size in Del Norte

A large number of apartments in Del Norte 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 Del Norte

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $842 to $1,728. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $842
One BR $843
Two BR $1,073
Three BR $1,297
Four BR $1,728
2024 Fair Market Rents in Del Norte, Colorado

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

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 28 100 percent
One BR 32 82 percent
Two BR 62 50 percent
Rental Units Below FMR in Del Norte, Colorado

How many affordable rental units are in Del Norte?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Del Norte, Colorado

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

Income Based Apartments in Del Norte, Colorado

Del Norte features 36 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 Del Norte, Colorado

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Del Norte.

Housing Choice Vouchers in Del Norte, Colorado

On average, Section 8 Housing Choice vouchers pay Del Norte landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Del Norte.

The maximum amount a voucher would pay on behalf of a low-income tenant in Del Norte, Colorado for a two-bedroom apartment is between $966 and $1,180.

Sourced from federal housing data and AffordableHousingOnline.com research.