Affordable Housing In Kiowa County

1 Low Income Apartment Communities In Kiowa County

Unity Village

1201 Slater St
Eads, Colorado
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Guide To Affordable Housing in Kiowa County, Colorado

There are 1 low income housing apartment communities offering 10 affordable apartments for rent in Kiowa County, Colorado.

Income Based Apartments in Kiowa County, Colorado

Kiowa County features 10 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 Kiowa County, Colorado

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

Housing Choice Vouchers in Kiowa County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kiowa County, Colorado for a two-bedroom apartment is between $771 and $943.

2022 Kiowa County, Colorado Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Kiowa County, Colorado Fair Market Rent $681 $686 $857 $1,059 $1,376
Kiowa County, Colorado Payment Standard Range $613 to $749 $617 to $755 $771 to $943 $953 to $1,165 $1,238 to $1,514

Sourced from federal housing data and research.

Kiowa County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 10
Total Housing Units with Rental Assistance 10
Percentage of Housing Units Occupied By Renters 24.19%
Average Renter Household Size 2.90
Average Household Size 2.45
Median Household Income $40,304 ±$3,948
Median Rent $582 ±$74
Percentage Of Renters Overburdened 17.02% ± 6.49pp
Total Population 1,463

Population and Household Demographics

Kiowa County is a county in Colorado with a population of 1,463. There are 583 households in the county with an average household size of 2.45 persons. 24.19% of households in Kiowa County are renters.

Income and Rent Overburden in Kiowa County

The median gross income for households in Kiowa County is $40,304 a year, or $3,359 a month. The median rent for the county is $582 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Kiowa County, a household making less than $1,940 a month would be considered overburdened when renting an apartment at or above the median rent. 17.02% of households who rent are overburdened in Kiowa County.

Area Median Income In Kiowa County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Kiowa County, HUD calculates the Area Median Income for a family of four as $49,600

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Kiowa County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Kiowa County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Kiowa County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,450 $17,650 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Kiowa County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,750 $29,400 $33,100 $36,750 $39,700 $42,650 $45,600 $48,550
80% AMI Income Limits
Renters earning up to 80% of the Kiowa County AMI may qualify for rental assistance programs that target Low Income households.
$41,200 $47,050 $52,950 $58,800 $63,550 $68,250 $72,950 $77,650

Cities In Kiowa County

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City Served By
Sheridan Lake