Affordable Housing In Larimer County
Colorado

72 Low Income Apartment Communities In Larimer County

Windsor Meadows Apartment Homes

1500 Tipton Dr
Windsor, Colorado
Income Based
1-3 BR

Village on Horsetooth

1506 West Horsetooth Road
Fort Collins, Colorado
$1,045-1,207
1-2 BR

Mirasol Senior Apartments

1145 Finch Pl
Loveland, Colorado
Income Based
1-2 BR
55+

Oakridge Crossing

4786 Mcmurry Ave
Fort Collins, Colorado
$437-1,105
1-2 BR
62+

The Edge

3875 E 15th St
Loveland, Colorado
Income Based
1-3 BR

Harmony Road Apartments

301 E Harmony Rd
Fort Collins, Colorado
Income Based
1-2 BR
Accessible

Reserve at Centerra

4264 McWhinney Blvd
Loveland, Colorado
Call For Rent
2-3 BR

Greenbriar Village

400-434 Butch Cassidy Dr
Fort Collins, Colorado
Call For Rent
2-3 BR

Springfield Court Apartments

3851 Taft Hill Road
Fort Collins, Colorado
Call For Rent
1-4 BR

Village on Stanford

2613 Stanford Rd
Fort Collins, Colorado
$916
2 BR

Section 8 Vouchers, Apartments, and Waiting Lists in Larimer County, 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 Larimer County, Colorado

Housing Authority Programs
Larimer County Housing Authority Section 8 Housing Choice Voucher (HCV)
Housing Catalyst Section 8 Housing Choice Voucher (HCV); Public Housing; Section 8 Project-Based Voucher (PBV); Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Larimer County, Colorado

There are 72 low income housing apartment communities offering 5,303 affordable apartments for rent in Larimer County, Colorado.

Income Based Apartments in Larimer County, Colorado

Larimer County features 1,481 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 Larimer County, Colorado

There are 3,822 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Larimer County.

Housing Choice Vouchers in Larimer County, Colorado

On average, Section 8 Housing Choice vouchers pay Larimer County landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Larimer County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Larimer County, Colorado for a two-bedroom apartment is between $1,279 and $1,563.

2022 Larimer 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
Larimer County, Colorado Fair Market Rent $1,084 $1,143 $1,421 $2,019 $2,419
Larimer County, Colorado Payment Standard Range $976 to $1,192 $1,029 to $1,257 $1,279 to $1,563 $1,817 to $2,221 $2,177 to $2,661

Sourced from federal housing data and AffordableHousingOnline.com research.

Larimer County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 72
Total Low Income Apartments 5,303
Total Housing Units with Rental Assistance 1,481
Percentage of Housing Units Occupied By Renters 35.86%
Average Renter Household Size 2.32
Average Household Size 2.47
Median Household Income $59,805 ±$1,055
Median Rent $1,035 ±$19
Percentage Of Renters Overburdened 54.51% ± 2.03pp
Total Population 318,227

Population and Household Demographics

Larimer County is a county in Colorado with a population of 318,227. There are 125,138 households in the county with an average household size of 2.47 persons. 35.86% of households in Larimer County are renters.

Income and Rent Overburden in Larimer County

The median gross income for households in Larimer County is $59,805 a year, or $4,984 a month. The median rent for the county is $1,035 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Larimer County, a household making less than $3,450 a month would be considered overburdened when renting an apartment at or above the median rent. 54.51% of households who rent are overburdened in Larimer County.

Area Median Income In Larimer 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 Larimer County, HUD calculates the Area Median Income for a family of four as $95,900

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 Larimer 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 Larimer 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 Larimer County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,150 $23,000 $25,900 $28,750 $31,050 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Larimer County AMI may qualify for rental assistance programs that target Very Low Income households.
$33,600 $38,400 $43,200 $47,950 $51,800 $55,650 $59,500 $63,300
80% AMI Income Limits
Renters earning up to 80% of the Larimer County AMI may qualify for rental assistance programs that target Low Income households.
$53,700 $61,400 $69,050 $76,700 $82,850 $89,000 $95,150 $101,250

Cities In Larimer County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Berthoud The HUD funded Public Housing Agencies that serve Berthoud are the Larimer County Housing Authority and Housing Catalyst.
Estes Park The HUD funded Public Housing Agencies that serve Estes Park are the Larimer County Housing Authority, Estes Park Housing Authority and Housing Catalyst.
Fort Collins The HUD funded Public Housing Agencies that serve Fort Collins are the Housing Catalyst and Larimer County Housing Authority.
Johnstown The HUD funded Public Housing Agencies that serve Johnstown are the Larimer County Housing Authority and Housing Catalyst.
Laporte The HUD funded Public Housing Agencies that serve Laporte are the Larimer County Housing Authority and Housing Catalyst.
Loveland The HUD funded Public Housing Agencies that serve Loveland are the Loveland Housing Authority, Larimer County Housing Authority and Housing Catalyst.
Red Feather Lakes The HUD funded Public Housing Agencies that serve Red Feather Lakes are the Larimer County Housing Authority and Housing Catalyst.
Timnath The HUD funded Public Housing Agencies that serve Timnath are the Larimer County Housing Authority and Housing Catalyst.
Wellington The HUD funded Public Housing Agencies that serve Wellington are the Wellington Housing Authority, Larimer County Housing Authority and Housing Catalyst.
Windsor The HUD funded Public Housing Agencies that serve Windsor are the Larimer County Housing Authority and Housing Catalyst.