Low Income Apartments and Affordable Housing For Rent in Larimer County, CO

Discover affordable housing in Larimer County where there are 74+ 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.

97008 Care Rental

Leway And Trilby (Eagle Tree), Fort Collins, Colorado 80522

Windtrail Park Apartments

1000 Rolland Moore Dr, Fort Collins, Colorado 80526

Fairbrooke Heights

1827 Somerville Dr, Fort Collins, Colorado 80526

Madison Avenue Apartments

1208 E 6th St, Loveland, Colorado 80537

Eagle Tree

6675 S Lemay Ave, Fort Collins, Colorado 80525

Care Housing at Greenbriar Village

400 Butch Cassidy Dr, Fort Collins, Colorado 80524

Rose Tree Village Apartments

1000 W Horsetooth Rd, Fort Collins, Colorado 80526

Hickory Hill

3425 Windmill Dr, Fort Collins, Colorado 80526

Willow Grove Village

1025 Cunningham Dr, Fort Collins, Colorado 80526

West Swallow

1300 W Swallow Rd, Fort Collins, Colorado 80526

Colorado

3750 S Taft Hill Rd, Fort Collins, Colorado 80526

Windtrail Development

945 Rolland Moore Dr, Fort Collins, Colorado 80526

Colorado

Lot 2 of Tract C Willowbriar Sub, Loveland, Colorado 0

Colorado

1300 Block W Swallow Rd, Fort Collins, Colorado 80521

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Larimer County, Colorado
$31.17/hour
$16.75 (+116%) more than Colorado minimum wage and $23.92 (+330%) more than the Federal minimum wage.
Learn More About Larimer County, Colorado Affordable Housing ↓

What HUD offices serve 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV), Rental Assistance Demonstration (RAD) programs for Larimer County, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Larimer County, Colorado.

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

How many renters live in Larimer County, Colorado?

The County of Larimer County has 366,778 people living in 154,391 households.

There are 113,676 renters living in 55,644 renter households in this County. Renters make up 30.99 percent of the population living in Larimer County.

What is the rental market like in Larimer County, Colorado?

There are an estimated 164,525 housing units in the Larimer County area. Of these, 57,103 units are rental homes, making up 35 percent of the housing market. For every renter household in Larimer County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Larimer County?

The rental vacancy rate in Larimer County is 2 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 Larimer County for each bedroom size?

Occupied Rental Units by Size in Larimer County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3,279 11,051 19,365 13,871 6,467
Occupied Rental Units by Size in Larimer County

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

Among renter households in this market, 51 percent have housing cost burden. Further, 31 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 Larimer County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,342 to $2,553. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,342
One BR $1,350
Two BR $1,646
Three BR $2,320
Four BR $2,553
2024 Fair Market Rents in Larimer County, Colorado

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

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 2,126 65 percent
One BR 5,547 50 percent
Two BR 9,064 47 percent
Rental Units Below FMR in Larimer County, Colorado

How many affordable rental units are in Larimer County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 4,042
Public Housing 15
Section 8 Project-Based Rental Assistance 480
Mod Rehab Project-Based Rental Assistance 9
Section 202 Supportive Housing for the Elderly 138
Section 811 Supportive Housing for Persons with Disabilities 31
USDA Section 515 Rural Rental Housing 116
Tracked Units by Federal Program in Larimer County, Colorado

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

Income Based Apartments in Larimer County, Colorado

Larimer County features 1,440 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 4,072 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 $1,481 and $1,811.

Sourced from federal housing data and AffordableHousingOnline.com research.