What HUD offices serve Denver, 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 Denver.
How many renters live in Denver, Colorado?
The City of Denver has people living in households.
There are renters living in renter households in this City. Renters make up 44.15 percent of the population living in Denver.
What is the rental market like in Denver, Colorado?
There are an estimated housing units in the Denver area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Denver, Colorado, there are 1.08 rental units.
What is the vacancy rate for rentals in Denver?
The rental vacancy rate in Denver is 6 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 Denver for each bedroom size?
Occupied Rental Units by Size in Denver
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 18,917 68,454 54,755 18,332 5,884 Occupied Rental Units by Size in Denver
A large number of apartments in Denver 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 Denver
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,658 to $3,225. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,658 One BR $1,835 Two BR $2,201 Three BR $2,874 Four BR $3,225 2024 Fair Market Rents in Denver, Colorado
How many units are rented at Fair Market Rent (FMR) in Denver?
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 9,529 50 percent One BR 34,810 51 percent Two BR 13,797 25 percent Rental Units Below FMR in Denver, Colorado
How many affordable rental units are in Denver?
There are a variety of federal affordable housing programs serving households in
Denver, Colorado including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 236 Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Denver, Colorado
Income Based Apartments in Denver, Colorado
Denver features 10,854 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 Denver, Colorado
There are 11,698 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Denver.
Housing Choice Vouchers in Denver, Colorado
On average, Section 8 Housing Choice vouchers pay Denver landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Denver.
The maximum amount a voucher would pay on behalf of a low-income tenant in Denver, Colorado for a two-bedroom apartment is between $1,981 and $2,421.
Sourced from federal housing data and AffordableHousingOnline.com research.