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

What HUD offices serve Manassa, 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.

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

How many renters live in Manassa, Colorado?

The City of Manassa has 936 people living in 368 households.

There are 117 renters living in 54 renter households in this City. Renters make up 12.5 percent of the population living in Manassa.

What is the rental market like in Manassa, Colorado?

There are an estimated 410 housing units in the Manassa area. Of these, 57 units are rental homes, making up 14 percent of the housing market. For every renter household in Manassa, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Manassa?

The rental vacancy rate in Manassa is 0 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 Manassa for each bedroom size?

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

Among renter households in this market, 41 percent have housing cost burden. Further, 11 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 Manassa

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $710 to $1,212. FMRs are updated annually by HUD for every city and county nationwide.

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

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:

How many affordable rental units are in Manassa?

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

Income Based Apartments in Manassa, Colorado

Manassa features 44 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 Manassa, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Manassa.

Housing Choice Vouchers in Manassa, Colorado

On average, Section 8 Housing Choice vouchers pay Manassa landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Manassa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Manassa, Colorado for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.