Affordable Housing In Lamar
Prowers County, Colorado

8 Low Income Apartment Communities In Lamar

Normandy Gardens

400 E College Rd
Lamar, Colorado
Subsidized

Strainhurst Courts

206 E Cedar St
Lamar, Colorado
Subsidized

Lamar Manor

2208 Memorial Dr
Lamar, Colorado
Subsidized

S W Properties

1706 S 11th St
Lamar, Colorado

Lamar

1106 Parkview Ave
Lamar, Colorado

Plains View Apartments

1705 S 11th St
Lamar, Colorado

Emerald Homes

304 N 4th St
Lamar, Colorado

Sunburst Apartments

704 Mullen St
Lamar, Colorado
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Section 8 Vouchers, Apartments, and Waiting Lists in Lamar, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Lamar, Colorado

Housing Authority Programs
Housing Authority of the City of Lamar Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Lamar, Colorado

There are 8 low income housing apartment communities offering 335 affordable apartments for rent in Lamar, Colorado.

Income Based Apartments in Lamar, Colorado

Lamar features 203 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 Lamar, Colorado

There are 72 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Lamar.

Housing Choice Vouchers in Lamar, Colorado

On average, Section 8 Housing Choice vouchers pay Lamar landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Lamar.

The maximum amount a voucher would pay on behalf of a low-income tenant in Lamar, Colorado for a two-bedroom apartment is between $815 and $997.

2022 Lamar, 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
Lamar, Colorado Fair Market Rent $687 $692 $906 $1,120 $1,437
Lamar, Colorado Payment Standard Range $618 to $756 $623 to $761 $815 to $997 $1,008 to $1,232 $1,293 to $1,581

Sourced from federal housing data and AffordableHousingOnline.com research.

Lamar, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 335
Total Housing Units with Rental Assistance 203
Percentage of Housing Units Occupied By Renters 37.01%
Average Renter Household Size 2.16
Average Household Size 2.36
Median Household Income $35,487 ±$3,274
Median Rent $562 ±$155
Percentage Of Renters Overburdened 57.54% ± 14.45pp
Total Population 7,744

Population and Household Demographics

Lamar is a city in Prowers County, Colorado with a population of 7,744. There are 3,137 households in the city with an average household size of 2.36 persons. 37.01% of households in Lamar are renters.

Income and Rent Overburden in Lamar

The median gross income for households in Lamar is $35,487 a year, or $2,957 a month. The median rent for the city is $562 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lamar, a household making less than $1,873 a month would be considered overburdened when renting an apartment at or above the median rent. 57.54% of households who rent are overburdened in Lamar.

Area Median Income In Lamar

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Lamar, the AMI is calculated from all households within Prowers County.

In Lamar, HUD calculates the Area Median Income for a family of four as $50,800

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 Lamar

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 Lamar

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 Lamar 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 Lamar 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 Lamar 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