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

Discover affordable housing in Lafayette where there are 19+ 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.

Ardenne Apartments

601 Merlin Dr, Lafayette, Colorado 80026

bed 1-3
payment $1545-3586/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Helios Station Apartments

550 N 111th St, Lafayette, Colorado 80026

bed 2-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Ardenne

601 Merlin Dr, Lafayette, Colorado 80026

bed 1-3
payment $1784-2457/mo.

1209 Warrior Way

1209 Warrior Way, Lafayette, Colorado 80026

bed 3
payment $2400/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2805 Whitetail Cir

2805 Whitetail Cir, Lafayette, Colorado 80026

bed 4
payment $3200/mo.

1712 Elis Cir

1712 Elis Cir, Lafayette, Colorado 80026

bed 3
payment $2800/mo.

1312 Lambert Cir

1312 Lambert Cir, Lafayette, Colorado 80026

bed 5
payment $2999/mo.

521 S Harrison Ave

521 S Harrison Ave, Lafayette, Colorado 80026

bed 4
payment $2695/mo.

1140 Selworthy Ct

1140 Selworthy Ct, Lafayette, Colorado 80026

bed 3
payment $2695/mo.

2777 Whitetail Cir

2777 Whitetail Cir, Lafayette, Colorado 80026

bed 3
payment $2495/mo.

954 Vetch Cir

954 Vetch Cir, Lafayette, Colorado 80026

bed 3
payment $2795/mo.

104 W Cannon St

104 W Cannon St, Lafayette, Colorado 80026

bed 3
payment $2500/mo.

706 W Geneseo St Unit 706wg

706 W Geneseo St Unit 706wg, Lafayette, Colorado 80026

bed 2
payment $1895/mo.

1712 Elis Cir

1712 Elis Cir, Lafayette, Colorado 80026

bed 3
payment $2700/mo.

724 W Cleveland Cir

724 W Cleveland Cir, Lafayette, Colorado 80026

bed 3
payment $2300/mo.

1060 Malory St

1060 Malory St, Lafayette, Colorado 80026

bed 3
payment $2600/mo.

2777 Whitetail Cir

2777 Whitetail Cir, Lafayette, Colorado 80026

bed 3
payment $2495/mo.

Eagle Place

1310 Cimarron Dr, Lafayette, Colorado 80026

switch_access_shortcut Short Wait
accessibility Accessible

Josephine Commons Senior Housing

455 N Burlington Ave, Lafayette, Colorado 80026

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Lafayette, 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 Lafayette, Colorado
$41.99/hour
$27.57 (+191%) more than Colorado minimum wage and $34.74 (+479%) more than the Federal minimum wage.
Learn More About Lafayette, Colorado Affordable Housing ↓

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

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

How many renters live in Lafayette, Colorado?

The City of Lafayette has people living in households.

There are renters living in renter households in this City. Renters make up 31.61 percent of the population living in Lafayette.

What is the rental market like in Lafayette, Colorado?

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

What is the vacancy rate for rentals in Lafayette?

The rental vacancy rate in Lafayette is 3 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 Lafayette for each bedroom size?

Occupied Rental Units by Size in Lafayette
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
34 993 1,690 966 378
Occupied Rental Units by Size in Lafayette

A large number of apartments in Lafayette 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 Lafayette

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,585 to $3,394. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,585
One BR $1,823
Two BR $2,217
Three BR $2,898
Four BR $3,394
2024 Fair Market Rents in Lafayette, Colorado

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

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 11 32 percent
One BR 266 27 percent
Two BR 354 21 percent
Rental Units Below FMR in Lafayette, Colorado

How many affordable rental units are in Lafayette?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Lafayette, Colorado

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

Income Based Apartments in Lafayette, Colorado

Lafayette features 30 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 Lafayette, Colorado

There are 294 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lafayette.

Housing Choice Vouchers in Lafayette, Colorado

On average, Section 8 Housing Choice vouchers pay Lafayette landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Lafayette.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lafayette, Colorado for a two-bedroom apartment is between $1,995 and $2,439.

Sourced from federal housing data and AffordableHousingOnline.com research.

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