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Affordable Housing In Eagle County
Colorado

7 Low Income Apartment Communities In Eagle County

Holy Cross Village

508 Sunny Avenue
Gypsum, Colorado
Income Based
1-3 BR

Riverview Apartments

39169 Us Hwy 6 And 24
Avon, Colorado
Subsidized

Golden Eagle El Housing

700 Broadway
Eagle, Colorado
Subsidized

Middle Creek Village

145 N Frontage Rd W
Vail, Colorado

Eagle Villas

405 Nogal Rd
Eagle, Colorado

Buffalo Ridge II

1020 Swift Gulch Rd
Avon, Colorado

Seniors on Broadway

750 Broadway
Eagle, Colorado
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Housing Authorities that serve Eagle County

Housing Authority Programs
Garfield County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Eagle County, Colorado

There are 7 low income housing apartment communities offering 638 affordable apartments for rent in Eagle County, Colorado.

Income Based Apartments in Eagle County, Colorado

Eagle County features 145 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 Eagle County, Colorado

There are 493 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eagle County.

Housing Choice Vouchers in Eagle County, Colorado

On average, Section 8 Housing Choice vouchers pay Eagle County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Eagle County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Eagle County, Colorado for a two-bedroom apartment is between $1,544 and $1,887.

2021 Eagle County, Colorado Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Eagle County, Colorado Fair Market Rent $1,132 $1,331 $1,715 $2,139 $2,326
Eagle County, Colorado Payment Standard Range $1,019 to $1,245 $1,198 to $1,464 $1,544 to $1,887 $1,925 to $2,353 $2,093 to $2,559

Sourced from federal housing data and AffordableHousingOnline.com research.

Eagle County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 638
Total Housing Units with Rental Assistance 145
Percentage of Housing Units Occupied By Renters 32.88%
Average Renter Household Size 3.12
Average Household Size 2.94
Median Household Income $72,214 ±$3,789
Median Rent $1,272 ±$76
Percentage Of Renters Overburdened 46.37% ± 7.08pp
Total Population 52,576

Population and Household Demographics

Eagle County is a county in Colorado with a population of 52,576. There are 17,840 households in the county with an average household size of 2.94 persons. 32.88% of households in Eagle County are renters.

Income and Rent Overburden in Eagle County

The median gross income for households in Eagle County is $72,214 a year, or $6,018 a month. The median rent for the county is $1,272 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Eagle County, a household making less than $4,240 a month would be considered overburdened when renting an apartment at or above the median rent. 46.37% of households who rent are overburdened in Eagle County.

Area Median Income In Eagle County

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.

In Eagle County, HUD calculates the Area Median Income for a family of four as $99,900

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 Eagle County

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 HUD Rental Assistance in Eagle County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Eagle County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,000 $24,000 $27,000 $29,950 $32,350 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Eagle County AMI may qualify for rental assistance programs that target Very Low Income households.
$35,000 $40,000 $45,000 $49,950 $53,950 $57,950 $61,950 $65,950
80% AMI Income Limits
Renters earning up to 80% of the Eagle County AMI may qualify for rental assistance programs that target Low Income households.
$54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650

Cities In Eagle County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Avon The HUD funded Public Housing Agency that serves Avon is the Garfield County Housing Authority.
Basalt The HUD funded Public Housing Agency that serves Basalt is the Garfield County Housing Authority.
Dotsero The HUD funded Public Housing Agency that serves Dotsero is the Garfield County Housing Authority.
Eagle The HUD funded Public Housing Agency that serves Eagle is the Garfield County Housing Authority.
Edwards The HUD funded Public Housing Agency that serves Edwards is the Garfield County Housing Authority.
El Jebel The HUD funded Public Housing Agency that serves El Jebel is the Garfield County Housing Authority.
Fulford The HUD funded Public Housing Agency that serves Fulford is the Garfield County Housing Authority.
Gypsum The HUD funded Public Housing Agency that serves Gypsum is the Garfield County Housing Authority.
McCoy The HUD funded Public Housing Agency that serves McCoy is the Garfield County Housing Authority.
Minturn The HUD funded Public Housing Agency that serves Minturn is the Garfield County Housing Authority.
Red Cliff The HUD funded Public Housing Agency that serves Red Cliff is the Garfield County Housing Authority.
Vail The HUD funded Public Housing Agency that serves Vail is the Garfield County Housing Authority.
Wolcott The HUD funded Public Housing Agency that serves Wolcott is the Garfield County Housing Authority.