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

Discover affordable housing in Denver where there are 309+ 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.

Mountain View Buchtel

3700 E Jewell Ave, Denver, Colorado 80210

Uptown Gardens

2100 Williams St, Denver, Colorado 80205

4th and Fox - Section 8

600 W 4th Ave, Denver, Colorado 80223

Cecil Apartments

1440 Marion St, Denver, Colorado 80218

H0hom99045 Hgv Senior, Gp

910 16th St, Denver, Colorado 80202

Rocky Mountain Housing Development Corp

1393 S Santa Fe Dr, Denver, Colorado 80223

Trees II Apartments

500 E Dakota Ave, Denver, Colorado 80209

Northeast Denver Housing Center

Various, Denver, Colorado 80205

H3hom03010 Burgwyn and Perry Enterprises

1830 Gaylord Residences, Denver, Colorado 80205

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Denver, Colorado
$41.69/hour
$27.27 (+189%) more than Colorado minimum wage and $34.44 (+475%) more than the Federal minimum wage.
Learn More About Denver, Colorado Affordable Housing ↓

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.

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

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 713,252 people living in 334,942 households.

There are 314,870 renters living in 168,819 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 361,212 housing units in the Denver area. Of these, 181,776 units are rental homes, making up 50 percent of the housing market. For every renter household in Denver, Colorado, there are 1 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 many renter households in Denver are overburdened by housing costs?

Among renter households in this market, 48 percent have housing cost burden. Further, 22 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

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:

Federal Program Unit Count
Low Income Housing Tax Credit 13,561
Public Housing 2,967
Section 8 Project-Based Rental Assistance 6,068
Mod Rehab Project-Based Rental Assistance 175
Section 236 Rental Assistance 223
Section 202 Supportive Housing for the Elderly 142
Section 811 Supportive Housing for Persons with Disabilities 101
Tracked Units by Federal Program in Denver, Colorado

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

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.