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Affordable Housing In Montezuma County
Colorado

12 Low Income Apartment Communities In Montezuma County

Sleeping Ute Apartments

516 S Madison St
Cortez, Colorado
Income Based
2-4 BR
Subsidized

Valley Sun Village

700 E 2nd St
Cortez, Colorado
Subsidized

Cortez Apartments

620 E Empire St
Cortez, Colorado
Subsidized

Dolores Elderly

235 4th St
Dolores, Colorado
Subsidized

Hillside Apartments

300 N 15th
Dolores, Colorado
Subsidized

Montezuma Co

108 N Adams St
Cortez, Colorado

Brubaker Place

2001 E Empire St
Cortez, Colorado

Menefee Apartments

400 W Menefee St
Mancos, Colorado

Mesa Park Apartments

880 S Chestnut St
Cortez, Colorado
Subsidized

Housing Authorities that serve Montezuma County

Housing Authority Programs
Housing Authority of the County of Montezuma Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Montezuma County, Colorado

There are 12 low income housing apartment communities offering 419 affordable apartments for rent in Montezuma County, Colorado.

Income Based Apartments in Montezuma County, Colorado

Montezuma County features 299 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 Montezuma County, Colorado

There are 120 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Montezuma County.

Housing Choice Vouchers in Montezuma County, Colorado

On average, Section 8 Housing Choice vouchers pay Montezuma County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Montezuma County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Montezuma County, Colorado for a two-bedroom apartment is between $816 and $998.

2021 Montezuma 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
Montezuma County, Colorado Fair Market Rent $684 $688 $907 $1,151 $1,429
Montezuma County, Colorado Payment Standard Range $616 to $752 $619 to $757 $816 to $998 $1,036 to $1,266 $1,286 to $1,572

Sourced from federal housing data and AffordableHousingOnline.com research.

Montezuma County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 419
Total Housing Units with Rental Assistance 299
Percentage of Housing Units Occupied By Renters 29.62%
Average Renter Household Size 2.82
Average Household Size 2.44
Median Household Income $43,553 ±$2,152
Median Rent $775 ±$60
Percentage Of Renters Overburdened 42.22% ± 5.47pp
Total Population 25,700

Population and Household Demographics

Montezuma County is a county in Colorado with a population of 25,700. There are 10,417 households in the county with an average household size of 2.44 persons. 29.62% of households in Montezuma County are renters.

Income and Rent Overburden in Montezuma County

The median gross income for households in Montezuma County is $43,553 a year, or $3,629 a month. The median rent for the county is $775 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Montezuma County, a household making less than $2,583 a month would be considered overburdened when renting an apartment at or above the median rent. 42.22% of households who rent are overburdened in Montezuma County.

Area Median Income In Montezuma 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 Montezuma County, HUD calculates the Area Median Income for a family of four as $59,200

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 Montezuma 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 Montezuma 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 Montezuma County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,950 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Montezuma County AMI may qualify for rental assistance programs that target Very Low Income households.
$24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
80% AMI Income Limits
Renters earning up to 80% of the Montezuma County AMI may qualify for rental assistance programs that target Low Income households.
$39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000

Cities In Montezuma County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Cortez The HUD funded Public Housing Agency that serves Cortez is the Housing Authority of the County of Montezuma.
Dolores The HUD funded Public Housing Agency that serves Dolores is the Housing Authority of the County of Montezuma.
Lewis The HUD funded Public Housing Agency that serves Lewis is the Housing Authority of the County of Montezuma.
Mancos The HUD funded Public Housing Agency that serves Mancos is the Housing Authority of the County of Montezuma.
Towaoc The HUD funded Public Housing Agency that serves Towaoc is the Housing Authority of the County of Montezuma.