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

Discover affordable housing in Manzanola where there are 2+ 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.

Manzanola Family

402 N Grand Ave, Manzanola, Colorado

El Valle Apartments

11101 County Road Ll, Manzanola, Colorado

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Manzanola, Colorado
$19.26/hour
$4.84 (+34%) more than Colorado minimum wage and $12.01 (+166%) more than the Federal minimum wage.
Learn More About Manzanola, Colorado Affordable Housing ↓

What HUD offices serve Manzanola, 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) programs for Manzanola, Colorado.

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

How many renters live in Manzanola, Colorado?

The City of Manzanola has 491 people living in 179 households.

There are 194 renters living in 52 renter households in this City. Renters make up 39.51 percent of the population living in Manzanola.

What is the rental market like in Manzanola, Colorado?

There are an estimated 217 housing units in the Manzanola area. Of these, 68 units are rental homes, making up 31 percent of the housing market. For every renter household in Manzanola, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Manzanola?

The rental vacancy rate in Manzanola is 18 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Manzanola for each bedroom size?

Occupied Rental Units by Size in Manzanola
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 6 18 28 0
Occupied Rental Units by Size in Manzanola

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

Among renter households in this market, 19 percent have housing cost burden. Further, 17 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 Manzanola

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $769 to $1,726. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $769
One BR $774
Two BR $1,017
Three BR $1,370
Four BR $1,726
2024 Fair Market Rents in Manzanola, Colorado

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

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
One BR 6 100 percent
Two BR 8 44 percent
Rental Units Below FMR in Manzanola, Colorado

How many affordable rental units are in Manzanola?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 10
Tracked Units by Federal Program in Manzanola, Colorado

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

Income Based Apartments in Manzanola, Colorado

Manzanola features 60 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 Manzanola, Colorado

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

Housing Choice Vouchers in Manzanola, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Manzanola, Colorado for a two-bedroom apartment is between $915 and $1,119.

Sourced from federal housing data and AffordableHousingOnline.com research.