Affordable Housing In Flagler
Kit Carson County, Colorado

1 Low Income Apartment Communities In Flagler

Pioneer Valley

511 Quandary Ave
Flagler, Colorado
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Guide To Affordable Housing in Flagler, Colorado

There are 1 low income housing apartment communities offering 12 affordable apartments for rent in Flagler, Colorado.

Income Based Apartments in Flagler, Colorado

Flagler features 12 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 Flagler, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Flagler.

Housing Choice Vouchers in Flagler, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Flagler, Colorado for a two-bedroom apartment is between $899 and $1,099.

2022 Flagler, 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
Flagler, Colorado Fair Market Rent $754 $759 $999 $1,249 $1,604
Flagler, Colorado Payment Standard Range $679 to $829 $683 to $835 $899 to $1,099 $1,124 to $1,374 $1,444 to $1,764

Sourced from federal housing data and research.

Flagler, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 12
Total Housing Units with Rental Assistance 12
Percentage of Housing Units Occupied By Renters 38.49%
Average Renter Household Size 1.95
Average Household Size 2.25
Median Household Income $26,125 ±$9,272
Median Rent $488 ±$148
Percentage Of Renters Overburdened 51.96% ± 24pp
Total Population 596

Population and Household Demographics

Flagler is a city in Kit Carson County, Colorado with a population of 596. There are 265 households in the city with an average household size of 2.25 persons. 38.49% of households in Flagler are renters.

Income and Rent Overburden in Flagler

The median gross income for households in Flagler is $26,125 a year, or $2,177 a month. The median rent for the city is $488 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Flagler, a household making less than $1,627 a month would be considered overburdened when renting an apartment at or above the median rent. 51.96% of households who rent are overburdened in Flagler.

Area Median Income In Flagler

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 Flagler, the AMI is calculated from all households within Kit Carson County.

In Flagler, HUD calculates the Area Median Income for a family of four as $63,900

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 Flagler

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 Flagler

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 Flagler AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,450 $17,650 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Flagler AMI may qualify for rental assistance programs that target Very Low Income households.
$25,750 $29,400 $33,100 $36,750 $39,700 $42,650 $45,600 $48,550
80% AMI Income Limits
Renters earning up to 80% of the Flagler AMI may qualify for rental assistance programs that target Low Income households.
$41,200 $47,050 $52,950 $58,800 $63,550 $68,250 $72,950 $77,650