Low Income Apartments and Affordable Housing For Rent in Grand Junction, CO

Find 20 low-income apartments and rental assistance options in Grand Junction, CO – including subsidized, public, senior, HUD, and other government housing programs.

Grand Manor Apartments

2828 Orchard Ave, Grand Junction, Colorado 81501

Arbor Vista

515 Court Rd, Grand Junction, Colorado 81501

Linden Pointe

1975 Barcelona Way, Grand Junction, Colorado 81503

Commonworks Housing Project II

1015 Grand Ave, Grand Junction, Colorado 81501

Dd Housing

950 Grand Ave, Grand Junction, Colorado 81501

Ratekin Towers

875 Main St, Grand Junction, Colorado 81501

Little Bookcliff Apartments

2656 Little Bookcliff Dr, Grand Junction, Colorado 81501

Walnut Park Apartments

2236 N 17th St, Grand Junction, Colorado 81501

Monument Ridge

2680 B 1/2 Rd, Grand Junction, Colorado 81503

Grand View

1501 N 1st St , Grand Junction, Colorado 81501

The Highlands

825 Bookcliff Ave, Grand Junction, Colorado 81501

Laurel House

3197 N 12th St, Grand Junction, Colorado 81506

2814

2814 Patterson Rd., Grand Junction, Colorado 81506

Village Park

615 Rood Ave, Grand Junction, Colorado 81506

Pathways Village

564 29 Road, Grand Junction, Colorado 81504

Nellie Bechtel Gardens

3032 N 15TH ST, Grand Junction, Colorado 81506

Racquet Club Apartments

2915 Orchard Ave, Grand Junction, Colorado 81504

Garden Village Apartments

2601 Belford Ave, Grand Junction, Colorado 81501

Crystal Brook Apartments

1741 Laveta St, Grand Junction, Colorado 81503

H95005 Grandjunctionha

1760 Laveta St, Grand Junction, Colorado 81503

Open Until Further Notice

Reported On November 27th, 2017 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grand Junction, Colorado
$21.27/hour
$6.85 (+48%) more than Colorado minimum wage and $14.02 (+193%) more than the Federal minimum wage.
Learn More About Grand Junction, Colorado Affordable Housing ↓

What HUD offices serve Grand Junction, 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 programs for Grand Junction, Colorado.

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

How many renters live in Grand Junction, Colorado?

The City of Grand Junction has 68,054 people living in 27,941 households.

There are 18,702 renters living in 9,702 renter households in this City. Renters make up 27.48 percent of the population living in Grand Junction.

What is the rental market like in Grand Junction, Colorado?

There are an estimated 29,851 housing units in the Grand Junction area. Of these, 11,101 units are rental homes, making up 37 percent of the housing market. For every renter household in Grand Junction, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Grand Junction?

The rental vacancy rate in Grand Junction is 5 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 Grand Junction for each bedroom size?

Occupied Rental Units by Size in Grand Junction
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
663 2,327 4,224 2,481 561
Occupied Rental Units by Size in Grand Junction

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

Among renter households in this market, 50 percent have housing cost burden. Further, 26 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 Grand Junction

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $761 to $1,906. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $761
One BR $865
Two BR $1,123
Three BR $1,583
Four BR $1,906
2024 Fair Market Rents in Grand Junction, Colorado

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

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 250 38 percent
One BR 1,654 71 percent
Two BR 2,535 60 percent
Rental Units Below FMR in Grand Junction, Colorado

How many affordable rental units are in Grand Junction?

There are a variety of federal affordable housing programs serving households in Grand Junction, Colorado including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 738
Section 8 Project-Based Rental Assistance 773
Section 202 Supportive Housing for the Elderly 59
Section 811 Supportive Housing for Persons with Disabilities 6
Tracked Units by Federal Program in Grand Junction, Colorado

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

Income Based Apartments in Grand Junction, Colorado

Grand Junction features 888 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 Grand Junction, Colorado

There are 451 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grand Junction.

Housing Choice Vouchers in Grand Junction, Colorado

On average, Section 8 Housing Choice vouchers pay Grand Junction landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Grand Junction.

The maximum amount a voucher would pay on behalf of a low-income tenant in Grand Junction, Colorado for a two-bedroom apartment is between $1,011 and $1,235.

Sourced from federal housing data and AffordableHousingOnline.com research.