Low Income Apartments and Affordable Housing For Rent in El Paso County, CO

Discover affordable housing in El Paso County where there are 428+ 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.

7245 Alegre Cir

7245 Alegre Cir, Fountain, Colorado 80817

bed 2
payment $1150/mo.

4311 Ericson Dr Unit 3

4311 Ericson Dr Unit 3, Colorado Springs, Colorado 80906

bed 2
payment $1075/mo.

3314 Castellon Dr

3314 Castellon Dr, Colorado Springs, Colorado 80916

bed 4
payment $2400/mo.

24.5 Waltham Ave

24.5 Waltham Ave, Manitou Springs, Colorado 80829

bed 1
payment $1200/mo.

3035 Haystack Dr

3035 Haystack Dr, Colorado Springs, Colorado 80922

bed 4
payment $2370/mo.

6142 Oakwood Blvd

6142 Oakwood Blvd, Colorado Springs, Colorado 80923

bed 3
payment $2415/mo.

1410 Friendship Ln E Unit B

1410 Friendship Ln E Unit B, Colorado Springs, Colorado 80904

bed 2
payment $1395/mo.

501 Argus Dr

501 Argus Dr, Colorado Springs, Colorado 80906

bed 4
payment $2395/mo.

1050 Big Valley Dr

1050 Big Valley Dr, Colorado Springs, Colorado 80919

bed 4
payment $2800/mo.

536 W Monument St

536 W Monument St, Colorado Springs, Colorado 80905

bed 3
payment $1795/mo.

88 Norman Dr

88 Norman Dr, Colorado Springs, Colorado 80911

bed 4
payment $2245/mo.

1904 Collier Ave

1904 Collier Ave, Colorado Springs, Colorado 80909

bed 4
payment $2200/mo.

7704 Autumn Leaf Way

7704 Autumn Leaf Way, Colorado Springs, Colorado 80922

bed 3
payment $2295/mo.

6020 Moorfield Ave

6020 Moorfield Ave, Colorado Springs, Colorado 80919

bed 4
payment $2825/mo.

2413 E St Vrain St Unit 101

2413 E St Vrain St Unit 101, Colorado Springs, Colorado 80909

bed 1
payment $925/mo.

226 S Institute St

226 S Institute St, Colorado Springs, Colorado 80903

bed 3
payment $1875/mo.

3108 Moonbeam Cir S

3108 Moonbeam Cir S, Colorado Springs, Colorado 80916

bed 1
payment $750/mo.

3710 Ensenada Dr

3710 Ensenada Dr, Colorado Springs, Colorado 80910

bed 3
payment $2000/mo.

2902 Airport Rd Unit 103

2902 Airport Rd Unit 103, Colorado Springs, Colorado 80910

bed 2
payment $1500/mo.

4771 Crimson Cir S

4771 Crimson Cir S, Colorado Springs, Colorado 80917

bed 4
payment $2435/mo.

How To Identify Affordable Housing in El Paso County, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In El Paso County, Colorado
$32.84/hour
$18.42 (+128%) more than Colorado minimum wage and $25.59 (+353%) more than the Federal minimum wage.
Learn More About El Paso County, Colorado Affordable Housing ↓

How many renters live in El Paso County, Colorado?

The County of El Paso County has people living in households.

There are renters living in renter households in this County. Renters make up 31.29 percent of the population living in El Paso County.

What is the rental market like in El Paso County, Colorado?

There are an estimated housing units in the El Paso County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in El Paso County, Colorado, there are 1.03 rental units.

What is the vacancy rate for rentals in El Paso County?

The rental vacancy rate in El Paso County is 3 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 El Paso County for each bedroom size?

Occupied Rental Units by Size in El Paso County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
5,308 22,627 38,622 22,379 10,814
Occupied Rental Units by Size in El Paso County

A large number of apartments in El Paso County 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 El Paso County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,190 to $2,875. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,190
One BR $1,408
Two BR $1,734
Three BR $2,444
Four BR $2,875
2024 Fair Market Rents in El Paso County, Colorado

How many units are rented at Fair Market Rent (FMR) in El Paso County?

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 2,756 52 percent
One BR 13,585 60 percent
Two BR 18,494 48 percent
Rental Units Below FMR in El Paso County, Colorado

How many affordable rental units are in El Paso County?

There are a variety of federal affordable housing programs serving households in El Paso County, Colorado including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in El Paso County, Colorado

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

Income Based Apartments in El Paso County, Colorado

El Paso County features 1,669 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 3,331 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 $1,561 and $1,907.

Sourced from federal housing data and AffordableHousingOnline.com research.

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