What HUD offices serve Greeley, 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.
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Greeley.
How many renters live in Greeley, Colorado?
The City of Greeley has 109,203 people living in 39,643 households.
There are 34,176 renters living in 14,864 renter households in this City. Renters make up 31.3 percent of the population living in Greeley.
What is the rental market like in Greeley, Colorado?
There are an estimated 40,262 housing units in the Greeley area. Of these, 16,389 units are rental homes, making up 41 percent of the housing market. For every renter household in Greeley, Colorado, there are 1 rental units.
What is the vacancy rate for rentals in Greeley?
The rental vacancy rate in Greeley is 7 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 Greeley for each bedroom size?
Occupied Rental Units by Size in Greeley
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 949 | 2,758 | 6,399 | 3,197 | 1,203 |
Occupied Rental Units by Size in Greeley
A large number of apartments in Greeley 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 Greeley are overburdened by housing costs?
Among renter households in this market, 56 percent have housing cost burden. Further, 35 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 Greeley
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,062 to $2,391. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,062 |
| One BR | $1,190 |
| Two BR | $1,533 |
| Three BR | $2,160 |
| Four BR | $2,391 |
2024 Fair Market Rents in Greeley, Colorado
How many units are rented at Fair Market Rent (FMR) in Greeley?
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 | 693 | 73 percent |
| One BR | 1,933 | 70 percent |
| Two BR | 4,790 | 75 percent |
Rental Units Below FMR in Greeley, Colorado
How many affordable rental units are in Greeley?
There are a variety of federal affordable housing programs serving households in Greeley, Colorado including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 925 |
| Public Housing | 86 |
| Section 8 Project-Based Rental Assistance | 753 |
| Mod Rehab Project-Based Rental Assistance | 1 |
| Section 202 Supportive Housing for the Elderly | 82 |
| Section 811 Supportive Housing for Persons with Disabilities | 38 |
Tracked Units by Federal Program in Greeley, Colorado
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Greeley, Colorado
Greeley features 1,017 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 Greeley, Colorado
There are 809 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greeley.
Housing Choice Vouchers in Greeley, Colorado
On average, Section 8 Housing Choice vouchers pay Greeley landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Greeley.
The maximum amount a voucher would pay on behalf of a low-income tenant in Greeley, Colorado for a two-bedroom apartment is between $1,380 and $1,686.
Sourced from federal housing data and AffordableHousingOnline.com research.
