Low Income Apartments and Affordable Housing For Rent in Kersey, CO

Discover affordable housing in Kersey where there are 2+ 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.

Kersey Apartments

701 Sandy Knoll Cir, Kersey, Colorado 80644

Ft. Latham Manor

101 1st St, Kersey, Colorado 80644

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Kersey, Colorado
$29.03/hour
$14.61 (+101%) more than Colorado minimum wage and $21.78 (+300%) more than the Federal minimum wage.
Learn More About Kersey, Colorado Affordable Housing ↓

What HUD offices serve Kersey, 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 Public Housing programs for Kersey, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Kersey, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Kersey, Colorado.

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

How many renters live in Kersey, Colorado?

The City of Kersey has 1,453 people living in 544 households.

There are 480 renters living in 193 renter households in this City. Renters make up 33.04 percent of the population living in Kersey.

What is the rental market like in Kersey, Colorado?

There are an estimated 564 housing units in the Kersey area. Of these, 203 units are rental homes, making up 36 percent of the housing market. For every renter household in Kersey, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Kersey?

The rental vacancy rate in Kersey 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 Kersey for each bedroom size?

Occupied Rental Units by Size in Kersey
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 93 76 24
Occupied Rental Units by Size in Kersey

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

Among renter households in this market, 49 percent have housing cost burden. Further, 8 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 Kersey

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 Kersey, Colorado

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

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
Two BR 93 100 percent
Rental Units Below FMR in Kersey, Colorado

How many affordable rental units are in Kersey?

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

Federal Program Unit Count
Public Housing 20
USDA Section 515 Rural Rental Housing 32
Tracked Units by Federal Program in Kersey, Colorado

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

Income Based Apartments in Kersey, Colorado

Kersey features 52 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 Kersey, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kersey.

Housing Choice Vouchers in Kersey, Colorado

On average, Section 8 Housing Choice vouchers pay Kersey landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Kersey.

The maximum amount a voucher would pay on behalf of a low-income tenant in Kersey, Colorado for a two-bedroom apartment is between $1,380 and $1,686.

Sourced from federal housing data and AffordableHousingOnline.com research.