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

Discover affordable housing in Eagle County where there are 9+ 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.

Riverview Apartments

39169 Us Hwy 6 And 24, Avon, Colorado 81620

Spring Creek Village

750 Sunny Ave, Gypsum, Colorado 81637

Eagle Villas

405 Nogal Rd, Eagle, Colorado 81631

Holy Cross Village

508 Sunny Avenue, Gypsum, Colorado 81637

Holy Cross Village

508 Sunny Ave, Gypsum, Colorado 0

Golden Eagle El Housing

700 Broadway, Eagle, Colorado 81631

Buffalo Ridge II

1020 Swift Gulch Rd, Avon, Colorado 81620

Middle Creek Village

145 N Frontage Rd W, Vail, Colorado 81657

Seniors on Broadway

750 Broadway, Eagle, Colorado 81631

calendar_today Opened: Oct 18
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Eagle County, Colorado
$43.92/hour
$29.50 (+205%) more than Colorado minimum wage and $36.67 (+506%) more than the Federal minimum wage.
Learn More About Eagle County, Colorado Affordable Housing ↓

What HUD offices serve Eagle 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) programs for Eagle County, Colorado.

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

How many renters live in Eagle County, Colorado?

The County of Eagle County has 55,650 people living in 20,084 households.

There are 19,210 renters living in 6,310 renter households in this County. Renters make up 34.52 percent of the population living in Eagle County.

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

There are an estimated 33,054 housing units in the Eagle County area. Of these, 7,990 units are rental homes, making up 24 percent of the housing market. For every renter household in Eagle County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Eagle County?

The rental vacancy rate in Eagle County is 19 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 Eagle County for each bedroom size?

Occupied Rental Units by Size in Eagle County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
234 1,187 2,497 1,886 338
Occupied Rental Units by Size in Eagle County

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

Among renter households in this market, 52 percent have housing cost burden. Further, 26 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 Eagle County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,572 to $3,088. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,572
One BR $1,765
Two BR $2,319
Three BR $2,809
Four BR $3,088
2024 Fair Market Rents in Eagle County, Colorado

How many units are rented at Fair Market Rent (FMR) in Eagle 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 204 87 percent
One BR 717 60 percent
Two BR 427 17 percent
Rental Units Below FMR in Eagle County, Colorado

How many affordable rental units are in Eagle County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 688
Section 8 Project-Based Rental Assistance 61
USDA Section 515 Rural Rental Housing 36
Tracked Units by Federal Program in Eagle County, Colorado

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

Income Based Apartments in Eagle County, Colorado

Eagle County features 108 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 Eagle County, Colorado

There are 703 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Eagle County.

Housing Choice Vouchers in Eagle County, Colorado

On average, Section 8 Housing Choice vouchers pay Eagle County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Eagle County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Eagle County, Colorado for a two-bedroom apartment is between $2,087 and $2,551.

Sourced from federal housing data and AffordableHousingOnline.com research.