What HUD offices serve Greenwood Village, 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 Greenwood Village.
How many renters live in Greenwood Village, Colorado?
The City of Greenwood Village has people living in households.
There are renters living in renter households in this City. Renters make up 29.12 percent of the population living in Greenwood Village.
What is the rental market like in Greenwood Village, Colorado?
There are an estimated housing units in the Greenwood Village area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Greenwood Village, Colorado, there are 1.06 rental units.
What is the vacancy rate for rentals in Greenwood Village?
The rental vacancy rate in Greenwood Village 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 Greenwood Village for each bedroom size?
Occupied Rental Units by Size in Greenwood Village
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 125 | 861 | 932 | 266 | 47 |
Occupied Rental Units by Size in Greenwood Village
A large number of apartments in Greenwood Village have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Greenwood Village
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,658 to $3,225. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,658 |
| One BR | $1,835 |
| Two BR | $2,201 |
| Three BR | $2,874 |
| Four BR | $3,225 |
2024 Fair Market Rents in Greenwood Village, Colorado
How many units are rented at Fair Market Rent (FMR) in Greenwood Village?
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 | 49 | 39 percent |
| One BR | 134 | 16 percent |
| Two BR | 71 | 8 percent |
Rental Units Below FMR in Greenwood Village, Colorado
How many affordable rental units are in Greenwood Village?
There are a variety of federal affordable housing programs serving households in Greenwood Village, Colorado including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit |
Tracked Units by Federal Program in Greenwood Village, Colorado
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Greenwood Village, Colorado
Greenwood Village features 0 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 Greenwood Village, Colorado
There are 104 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Greenwood Village.
Housing Choice Vouchers in Greenwood Village, Colorado
On average, Section 8 Housing Choice vouchers pay Greenwood Village landlords $1,000 per month towards rent. The average voucher holder contributes $300 towards rent in Greenwood Village.
The maximum amount a voucher would pay on behalf of a low-income tenant in Greenwood Village, Colorado for a two-bedroom apartment is between $1,981 and $2,421.
Sourced from federal housing data and AffordableHousingOnline.com research.