Affordable Housing In Denver
Denver County, Colorado

267 Low Income Apartment Communities In Denver

Denver Gardens Apartments

6801 E Mississippi Ave
Denver, CO
Income Based
1 BR
Subsidized
62+

Olin Hotel Apartments

1420 Logan St
Denver, CO
Call For Rent
Studio-1 BR
Subsidized
Accepts Vouchers
62+

The Gardens of Hope Communities

4919 E Thrill Place
Denver, CO
$950-975
2 BR
Accepts Vouchers

Welton Homes at The Point

2550 Washington St
Denver, CO
$380-1,545
1-3 BR
Accepts Vouchers

Paloma Villas

4200 Morrison Rd
Denver, CO
$562-1,114
1-3 BR
Accepts Vouchers

Villas at Sloans Lake

1551 Wolff St
Denver, CO
$639-1,114
1-3 BR
Accepts Vouchers

Los Altos De Alameda

5100 W Alameda Ave
Denver, CO
$639-1,114
1-3 BR
Accepts Vouchers

Broadway Junction

1165 S Broadway
Denver, CO
Income Based
1-2 BR
Accepts Vouchers

Golden Spike Apartments

3000 W Yale Ave
Denver, CO
Income Based
1-2 BR
Accessible
62+
Accepts Vouchers

GAO Homes

1409 Julian St
Denver, CO
Income Based
Studio-3 BR
Subsidized

Housing Authorities that serve Denver

Housing Authority Programs
Denver Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Denver

Housing Authority Programs
Colorado Department of Local Affairs Section 8 Housing Choice Voucher (HCV)
Colorado Division of Housing Section 8 Housing Choice Voucher (HCV)
Colorado Housing Finance Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Denver, Colorado

There are 267 low income housing apartment communities offering 22,469 affordable apartments for rent in Denver, Colorado. Denver features 10,871 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 10,714 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Denver.

Sourced from federal housing data and AffordableHousingOnline.com research.

Denver, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 267
Total Low Income Apartments 22,469
Total Housing Units with Rental Assistance 10,871
Percentage of Housing Units Occupied By Renters 50.59%
Average Renter Household Size 2.18
Average Household Size 2.30
Median Household Income $53,637 ±$803
Median Rent $962 ±$10
Percentage Of Renters Overburdened 46.77% ± 1.16pp
Total Population 649,654

Population and Household Demographics

Denver is a City in Denver County, Colorado with a population of 649,654. There are 275,795 households in the city with an average household size of 2.30 persons. 50.59% of households in Denver are renters.

Income and Rent Overburden in Denver

The median gross income for households in Denver is $53,637 a year, or $4,470 a month. The median rent for the city is $962 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Denver, a household making less than $3,207 a month would be considered overburdened when renting an apartment at or above the median rent. 46.77% of households who rent are overburdened in Denver.1

Area Median Income In Denver

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Denver, the AMI is calculated from all households within Denver County.

In Denver, HUD calculates the Area Median Income for a family of four as $92,800

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Denver

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Denver HUD Rental Assistance in Denver

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $19,500 $22,300 $25,100 $27,850 $30,170 $34,590 $39,010 $43,430
50% of Median $32,500 $37,150 $41,800 $46,400 $50,150 $53,850 $57,550 $61,250
80% of Median $52,000 $59,400 $66,850 $74,250 $80,200 $86,150 $92,100 $98,050
Fair Market Rents in Denver

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,114 $1,260 $1,566 $2,163 $2,488