Affordable Housing In Fort Morgan
Morgan County, Colorado

5 Low Income Apartment Communities In Fort Morgan

Sol Naciente

820 Beaver Avenue
Fort Morgan, Colorado

Hillcrest Apartments

1100 Linda St
Fort Morgan, Colorado
Subsidized

Ft Morgan Townhomes

801 S West St
Fort Morgan, Colorado

Riverview Apartments

1605 E 9th Ave
Fort Morgan, Colorado
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Section 8 Vouchers, Apartments, and Waiting Lists in Fort Morgan, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Fort Morgan, Colorado

Housing Authority Programs
Fort Morgan Housing Authority Public Housing

Guide To Affordable Housing in Fort Morgan, Colorado

There are 5 low income housing apartment communities offering 283 affordable apartments for rent in Fort Morgan, Colorado.

Income Based Apartments in Fort Morgan, Colorado

Fort Morgan features 86 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 Morgan, Colorado

There are 197 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Morgan.

Housing Choice Vouchers in Fort Morgan, Colorado

On average, Section 8 Housing Choice vouchers pay Fort Morgan landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Fort Morgan.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Morgan, Colorado for a two-bedroom apartment is between $933 and $1,141.

2022 Fort Morgan, 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 Morgan, Colorado Fair Market Rent $715 $788 $1,037 $1,373 $1,617
Fort Morgan, Colorado Payment Standard Range $644 to $787 $709 to $867 $933 to $1,141 $1,236 to $1,510 $1,455 to $1,779

Sourced from federal housing data and AffordableHousingOnline.com research.

Fort Morgan, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 283
Total Housing Units with Rental Assistance 86
Percentage of Housing Units Occupied By Renters 38.62%
Average Renter Household Size 2.51
Average Household Size 2.74
Median Household Income $45,403 ±$5,624
Median Rent $675 ±$58
Percentage Of Renters Overburdened 38.74% ± 8.86pp
Total Population 11,377

Population and Household Demographics

Fort Morgan is a city in Morgan County, Colorado with a population of 11,377. There are 4,058 households in the city with an average household size of 2.74 persons. 38.62% of households in Fort Morgan are renters.

Income and Rent Overburden in Fort Morgan

The median gross income for households in Fort Morgan is $45,403 a year, or $3,784 a month. The median rent for the city is $675 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Morgan, a household making less than $2,250 a month would be considered overburdened when renting an apartment at or above the median rent. 38.74% of households who rent are overburdened in Fort Morgan.

Area Median Income In Fort Morgan

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 Morgan, the AMI is calculated from all households within Morgan County.

In Fort Morgan, HUD calculates the Area Median Income for a family of four as $62,200

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 Morgan

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 Morgan

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 Morgan 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 Fort Morgan 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 Fort Morgan 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