Low Income Apartments and Affordable Housing For Rent in Highlands Ranch, CO

Discover affordable housing in Highlands Ranch where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Lucent Blvd

1700 Shea Center Dr, Highlands Ranch, Colorado 80129

bed 1-2
payment $1805-2195/mo.

The Legacy at Highlands Ranch

355 W Burgundy St, Highlands Ranch, Colorado 80129

bed 2
payment $2129/mo.

Creekside at Highlands Ranch

8857 Creekside Way, Highlands Ranch, Colorado 80129

bed 2
payment $2182/mo.

The Bluffs at Highlands Ranch

600 W County Line Rd, Highlands Ranch, Colorado 80129

bed 2
payment $1993/mo.

The Lennox

8305 S Harvest Ln, Highlands Ranch, Colorado 80126

bed 1-2
payment $1730-2110/mo.

10722 Cherrington St

10722 Cherrington St, Highlands Ranch, Colorado 80126

bed 3
payment $2750/mo.

1144 Rockhurst Dr Unit #202

1144 Rockhurst Dr Unit #202, Highlands Ranch, Colorado 80129

bed 2
payment $2095/mo.

Traditions Apartments Fka University Villas

3210 E County Line Rd, Highlands Ranch, Colorado 80126

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Highlands Ranch, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Highlands Ranch, Colorado
$41.69/hour
$27.27 (+189%) more than Colorado minimum wage and $34.44 (+475%) more than the Federal minimum wage.
Learn More About Highlands Ranch, Colorado Affordable Housing ↓

How many renters live in Highlands Ranch, Colorado?

The City of Highlands Ranch has people living in households.

There are renters living in renter households in this City. Renters make up 16.73 percent of the population living in Highlands Ranch.

What is the rental market like in Highlands Ranch, Colorado?

There are an estimated housing units in the Highlands Ranch area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Highlands Ranch, Colorado, there are 1.03 rental units.

What is the vacancy rate for rentals in Highlands Ranch?

The rental vacancy rate in Highlands Ranch is 4 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 Highlands Ranch for each bedroom size?

Occupied Rental Units by Size in Highlands Ranch
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
326 1,720 2,690 1,971 702
Occupied Rental Units by Size in Highlands Ranch

A large number of apartments in Highlands Ranch 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 Highlands Ranch

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 Highlands Ranch, Colorado

How many units are rented at Fair Market Rent (FMR) in Highlands Ranch?

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 16 5 percent
One BR 112 7 percent
Two BR 168 6 percent
Rental Units Below FMR in Highlands Ranch, Colorado

How many affordable rental units are in Highlands Ranch?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Highlands Ranch, Colorado

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

Income Based Apartments in Highlands Ranch, Colorado

Highlands Ranch 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 Highlands Ranch, Colorado

There are 96 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Highlands Ranch.

Housing Choice Vouchers in Highlands Ranch, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Highlands Ranch, Colorado for a two-bedroom apartment is between $1,981 and $2,421.

Sourced from federal housing data and AffordableHousingOnline.com research.

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