Fort Collins, Colorado Affordable Housing

Affordable Housing programs support 841 income based apartments in Fort Collins where households pay rent based on how much they earn.

There are 2,932 affordable apartments in Fort Collins that offer reduced rents to low-income households.

Waiting Lists in Fort Collins, Colorado

There are no open Section 8 Housing Choice Voucher waiting lists in Fort Collins. Go to the Colorado Section 8 Waiting Lists page for openings near Fort Collins.

Village on Horsetooth

1506 West Horsetooth Road
Fort Collins, Colorado
$1,045-1,207
1-2 BR

Oakridge Crossing

4786 Mcmurry Ave
Fort Collins, Colorado
$437-1,105
1-2 BR
62+
Affordable

Lakeview on the Rise

202 Stoney Brook Rd
Fort Collins, Colorado
$1,014-1,400
1-3 BR
Affordable

Harmony Road Apartments

301 E Harmony Rd
Fort Collins, Colorado
Income Based
1-2 BR
Accessible
Affordable

Greenbriar Village

400-434 Butch Cassidy Dr
Fort Collins, Colorado
Call For Rent
2-3 BR
Affordable

Springfield Court Apartments

3851 Taft Hill Road
Fort Collins, Colorado
Call For Rent
1-4 BR
Affordable

The Remington

300 Remington St
Fort Collins, Colorado
Rent Assisted

Village on Stanford

2613 Stanford Rd
Fort Collins, Colorado
$916
2 BR
Affordable

Village on Shields

3436 South Shields Street
Fort Collins, Colorado
Affordable

Caribou Apartments, Phase II

4110 Verbena Way
Fort Collins, Colorado
Call For Rent
1-2 BR
Affordable
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Affordable Housing Near Fort Collins

View affordable apartments and waiting lists in cities near Fort Collins

City Apartments
Loveland, CO Affordable Housing programs support 14 apartment communities in Loveland.
Estes Park, CO Affordable Housing programs support 6 apartment communities in Estes Park.
Windsor, CO Affordable Housing programs support 4 apartment communities in Windsor.
Berthoud, CO Affordable Housing programs support 2 apartment communities in Berthoud.
Johnstown, CO Affordable Housing programs support 1 apartment communities in Johnstown.

Public Housing Agencies Serving Fort Collins, 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.

Housing Authority Programs
Housing Catalyst Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)
Larimer County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Fort Collins.

Fort Collins, Colorado Affordable Housing Data

Income Based Apartments in Fort Collins, Colorado

Fort Collins features 841 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 Fort Collins, Colorado

There are 2,932 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Collins.

Housing Choice Vouchers in Fort Collins, Colorado

On average, Section 8 Housing Choice vouchers pay Fort Collins landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Collins.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Collins, Colorado for a two-bedroom apartment is between $1,385 and $1,693.

2023 Fort Collins, 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
Fort Collins, Colorado Fair Market Rent $1,210 $1,232 $1,539 $2,187 $2,469
Fort Collins, Colorado Payment Standard Range $1,089 to $1,331 $1,109 to $1,355 $1,385 to $1,693 $1,968 to $2,406 $2,222 to $2,716

Sourced from federal housing data and AffordableHousingOnline.com research.

Fort Collins, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 46
Total Low Income Apartments 3,773
Total Housing Units with Rental Assistance 841
Percentage of Housing Units Occupied By Renters 46.09%
Average Renter Household Size 2.29
Average Household Size 2.47
Median Household Income $55,647 ±$1,539
Median Rent $1,077 ±$21
Percentage Of Renters Overburdened 59.05% ± 2.47pp
Total Population 153,292

Population and Household Demographics

Fort Collins is a city in Larimer County, Colorado with a population of 153,292. There are 58,918 households in the city with an average household size of 2.47 persons. 46.09% of households in Fort Collins are renters.

Income and Rent Overburden in Fort Collins

The median gross income for households in Fort Collins is $55,647 a year, or $4,637 a month. The median rent for the city is $1,077 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Collins, a household making less than $3,590 a month would be considered overburdened when renting an apartment at or above the median rent. 59.05% of households who rent are overburdened in Fort Collins.

Area Median Income In Fort Collins

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 Fort Collins, the AMI is calculated from all households within Larimer County.

In Fort Collins, HUD calculates the Area Median Income for a family of four as $111,300

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 Fort Collins

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 Fort Collins

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 Fort Collins AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,550 $25,800 $29,000 $32,200 $34,800 $37,400 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Fort Collins AMI may qualify for rental assistance programs that target Very Low Income households.
$37,600 $42,950 $48,300 $53,650 $57,950 $62,250 $66,550 $70,850
80% AMI Income Limits
Renters earning up to 80% of the Fort Collins AMI may qualify for rental assistance programs that target Low Income households.
$60,100 $68,650 $77,250 $85,800 $92,700 $99,550 $106,400 $113,300