Affordable Housing In Moffat County
Colorado

3 Low Income Apartment Communities In Moffat County

Housing Authorities that serve Moffat County

Housing Authority	Programs
Garfield County Housing Authority	Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Moffat County, Colorado

There are 3 low income housing apartment communities offering 208 affordable apartments for rent in Moffat County, Colorado.

Income Based Apartments in Moffat County, Colorado

Moffat County features 208 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 Moffat County, Colorado

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

Housing Choice Vouchers in Moffat County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Moffat County, Colorado for a two-bedroom apartment is between $788 and $964.

2021 Moffat County, 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
Moffat County, Colorado Fair Market Rent	$660	$665	$876	$1,101	$1,188
Moffat County, Colorado Payment Standard Range	$594 to $726	$599 to $732	$788 to $964	$991 to $1,211	$1,069 to $1,307

Sourced from federal housing data and AffordableHousingOnline.com research.

Moffat County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	208
Total Housing Units with Rental Assistance	208
Percentage of Housing Units Occupied By Renters	30.08%
Average Renter Household Size	2.66
Average Household Size	2.60
Median Household Income	$51,387 ±$3,065
Median Rent	$721 ±$40
Percentage Of Renters Overburdened	42.2% ± 9.32pp
Total Population	13,117

Population and Household Demographics

Moffat County is a county in Colorado with a population of 13,117. There are 4,986 households in the county with an average household size of 2.60 persons. 30.08% of households in Moffat County are renters.

Income and Rent Overburden in Moffat County

The median gross income for households in Moffat County is $51,387 a year, or $4,282 a month. The median rent for the county is $721 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Moffat County, a household making less than $2,403 a month would be considered overburdened when renting an apartment at or above the median rent. 42.2% of households who rent are overburdened in Moffat County.

Area Median Income In Moffat County

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.

In Moffat County, HUD calculates the Area Median Income for a family of four as $72,700

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 Moffat County

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 Moffat County

	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 Moffat County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$15,300	$17,450	$21,720	$26,200	$30,680	$35,160	$39,640	$44,120
50% AMI Income Limits Renters earning up to 50% of the Moffat County AMI may qualify for rental assistance programs that target Very Low Income households.	$25,450	$29,100	$32,750	$36,350	$39,300	$42,200	$45,100	$48,000
80% AMI Income Limits Renters earning up to 80% of the Moffat County AMI may qualify for rental assistance programs that target Low Income households.	$40,750	$46,550	$52,350	$58,150	$62,850	$67,500	$72,150	$76,800