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

Discover affordable housing in Evergreen where there are 2+ 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.

Vista El Rancho

1055 El Rancho Road, Evergreen, Colorado 80439

Green Ridge Meadows

31250 John Wallace Rd, Evergreen, Colorado 80439

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Evergreen, 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 Evergreen, Colorado Affordable Housing ↓

What HUD offices serve Evergreen, 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, Homeownership Voucher, Mainstream Voucher programs for Evergreen, Colorado.

Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Evergreen.

How many renters live in Evergreen, Colorado?

The City of Evergreen has 8,972 people living in 3,633 households.

There are 1,089 renters living in 424 renter households in this City. Renters make up 12.14 percent of the population living in Evergreen.

What is the rental market like in Evergreen, Colorado?

There are an estimated 3,915 housing units in the Evergreen area. Of these, 497 units are rental homes, making up 13 percent of the housing market. For every renter household in Evergreen, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Evergreen?

The rental vacancy rate in Evergreen is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Evergreen for each bedroom size?

Occupied Rental Units by Size in Evergreen
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 46 242 90 43
Occupied Rental Units by Size in Evergreen

A large number of apartments in Evergreen 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 Evergreen are overburdened by housing costs?

Among renter households in this market, 25 percent have housing cost burden. Further, 14 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 Evergreen

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 Evergreen, Colorado

How many units are rented at Fair Market Rent (FMR) in Evergreen?

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
One BR 20 43 percent
Two BR 62 26 percent
Rental Units Below FMR in Evergreen, Colorado

How many affordable rental units are in Evergreen?

Income Based Apartments in Evergreen, Colorado

Evergreen features 79 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 Evergreen, Colorado

There are 55 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Evergreen.

Housing Choice Vouchers in Evergreen, Colorado

On average, Section 8 Housing Choice vouchers pay Evergreen landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Evergreen.

The maximum amount a voucher would pay on behalf of a low-income tenant in Evergreen, Colorado for a two-bedroom apartment is between $1,981 and $2,421.

Sourced from federal housing data and AffordableHousingOnline.com research.