Affordable Housing In Loveland
Larimer County, Colorado

14 Low Income Apartment Communities In Loveland

Mirasol Senior Apartments

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

The Edge

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

Reserve at Centerra

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

Harvest Pointe Apartments

4895 Lucerne Ave
Loveland, Colorado
Elderly Supportive Housing

Maple Terrace

574 E 23rd St
Loveland, Colorado

Silver Leaf II

2000 Maple Dr
Loveland, Colorado

Orchard Place Apartments

201 Elder Dr
Loveland, Colorado


Lot 2 of Tract C Willowbriar Sub
Loveland, Colorado

The Meadows

1056 Lynx Ave
Loveland, Colorado

Big Thompson Manor II

230 Monroe Ave
Loveland, Colorado
Elderly Supportive Housing

Section 8 Vouchers, Apartments, and Waiting Lists in Loveland, 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 Loveland, Colorado

Housing Authority Programs
Loveland Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
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 Loveland, Colorado

There are 14 low income housing apartment communities offering 1,031 affordable apartments for rent in Loveland, Colorado.

Income Based Apartments in Loveland, Colorado

Loveland features 392 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 Loveland, Colorado

There are 639 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Loveland.

Housing Choice Vouchers in Loveland, Colorado

On average, Section 8 Housing Choice vouchers pay Loveland landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Loveland.

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

2022 Loveland, 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
Loveland, Colorado Fair Market Rent $1,084 $1,143 $1,421 $2,019 $2,419
Loveland, 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 research.

Loveland, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 14
Total Low Income Apartments 1,031
Total Housing Units with Rental Assistance 392
Percentage of Housing Units Occupied By Renters 37.65%
Average Renter Household Size 2.33
Average Household Size 2.38
Median Household Income $56,277 ±$2,244
Median Rent $983 ±$34
Percentage Of Renters Overburdened 47.53% ± 4.44pp
Total Population 71,755

Population and Household Demographics

Loveland is a city in Larimer County, Colorado with a population of 71,755. There are 29,985 households in the city with an average household size of 2.38 persons. 37.65% of households in Loveland are renters.

Income and Rent Overburden in Loveland

The median gross income for households in Loveland is $56,277 a year, or $4,690 a month. The median rent for the city is $983 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Loveland, a household making less than $3,277 a month would be considered overburdened when renting an apartment at or above the median rent. 47.53% of households who rent are overburdened in Loveland.

Area Median Income In Loveland

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 Loveland, the AMI is calculated from all households within Larimer County.

In Loveland, 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 Loveland

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 Loveland

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 Loveland 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 Loveland 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 Loveland 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