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Affordable Housing In El Paso County
Colorado

55 Low Income Apartment Communities In El Paso County

Villas at Southgate

1810 S Corona Ave
Colorado Springs, Colorado
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Kiowa I and II

444 E Kiowa St
Colorado Springs, Colorado
Call For Rent
1 BR
Subsidized

Pikes Peak Properties

3609 Michigan Ave
Colorado Springs, Colorado
Call For Rent
1-2 BR
Subsidized

Fountain Springs Apartments

4440 Fountain Springs Grv
Colorado Springs, Colorado
Call For Rent
1-3 BR

Winfield Apartments

6118 Romley Point
Colorado Springs, Colorado
Call For Rent
2-3 BR

Whitney Young Manor

2129 Delta Dr
Colorado Springs, Colorado
Call For Rent
1-3 BR
Subsidized

Hatler-May Village

5688 North Union Boulevard
Colorado Springs, Colorado
Call For Rent
1-2 BR
62+

Casa De Cerro Apartments

915 Yuma St
Colorado Springs, Colorado
Call For Rent
1 BR

Centennial Plaza

516 E Kiowa St
Colorado Springs, Colorado
Call For Rent
1 BR
Subsidized

Senior Heritage Plaza

1410 N Hancock Ave
Colorado Springs, Colorado
Call For Rent
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Guide To Affordable Housing in El Paso County, Colorado

There are 55 low income housing apartment communities offering 4,486 affordable apartments for rent in El Paso County, Colorado.

Income Based Apartments in El Paso County, Colorado

El Paso County features 1,750 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 El Paso County, Colorado

There are 2,736 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in El Paso County.

Housing Choice Vouchers in El Paso County, Colorado

On average, Section 8 Housing Choice vouchers pay El Paso County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in El Paso County.

The maximum amount a voucher would pay on behalf of a low-income tenant in El Paso County, Colorado for a two-bedroom apartment is between $1,027 and $1,255.

2020 El Paso 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
Fair Market Rent $743 $897 $1,141 $1,646 $2,003
Payment Standard Range $669 to $817 $807 to $987 $1,027 to $1,255 $1,481 to $1,811 $1,803 to $2,203

Sourced from federal housing data and AffordableHousingOnline.com research.

El Paso County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 55
Total Low Income Apartments 4,486
Total Housing Units with Rental Assistance 1,750
Percentage of Housing Units Occupied By Renters 37.48%
Average Renter Household Size 2.50
Average Household Size 2.60
Median Household Income $58,206 ±$869
Median Rent $976 ±$12
Percentage Of Renters Overburdened 48.87% ± 1.51pp
Total Population 655,024

Population and Household Demographics

El Paso County is a county in Colorado with a population of 655,024. There are 245,287 households in the county with an average household size of 2.60 persons. 37.48% of households in El Paso County are renters.

Income and Rent Overburden in El Paso County

The median gross income for households in El Paso County is $58,206 a year, or $4,851 a month. The median rent for the county is $976 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In El Paso County, a household making less than $3,253 a month would be considered overburdened when renting an apartment at or above the median rent. 48.87% of households who rent are overburdened in El Paso County.

Area Median Income In El Paso 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 El Paso County, HUD calculates the Area Median Income for a family of four as $81,600

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 El Paso 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 El Paso County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,150 $19,600 $22,050 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $28,600 $32,650 $36,750 $40,800 $44,100 $47,350 $50,600 $53,900
80% of Median $45,750 $52,250 $58,800 $65,300 $70,550 $75,750 $81,000 $86,200

Cities In El Paso County

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

City Served By
Air Force Academy
Black Forest
Calhan
Cascade Chipita Park
Cascade-Chipita Park
Cimarron Hills
Colorado Spring
Colorado Springs The HUD funded Public Housing Agency that serves Colorado Springs is the Colorado Springs Housing Authority.
Ellicott
Fort Carson
Fountain The HUD funded Public Housing Agency that serves Fountain is the Housing Authority of the City of Fountain.
Gleneagle
Green Mountain Falls
Manitou Springs
Monument
Palmer Lake
Peyton
Ramah
Rock Creek Park
Security Widefield
Security-Widefield
Stratmoor
Woodmoor