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

Discover affordable housing in Morgan County where there are 13+ 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.

Hillcrest Apartments

1100 Linda St, Fort Morgan, Colorado 80701

114 S Curtis St

114 S Curtis St, Brush, Colorado 80723

Centennial Manor East

620 Ray St, Brush, Colorado 80723

Tabor Apartments

1900 Edison St, Brush, Colorado 80723

Sol Naciente

820 Beaver Avenue, Fort Morgan, Colorado 80701

Brush

616 Ray St, Brush, Colorado 80723

Pioneer Apartments ( Aka College View Apartments )

105 Gateway Ave, Fort Morgan, Colorado 80701

Riverview Apartments

1605 E 9th Ave, Fort Morgan, Colorado 80701

Centennial Manor Sr

612 Ray St, Brush, Colorado

Ft Morgan Townhomes

801 S West St, Fort Morgan, Colorado 80701

Centennial Sw Fam

111 S Colorado Ave, Brush, Colorado 80723

Brush Village

1 Weisbart St, Brush, Colorado 80723

Carroll Apartments

418 Edison St, Brush, Colorado 80723

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Morgan County, Colorado
$23.60/hour
$9.18 (+64%) more than Colorado minimum wage and $16.35 (+226%) more than the Federal minimum wage.
Learn More About Morgan County, Colorado Affordable Housing ↓

How many renters live in Morgan County, Colorado?

The County of Morgan County has 29,045 people living in 10,872 households.

There are 9,784 renters living in 3,850 renter households in this County. Renters make up 33.69 percent of the population living in Morgan County.

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

There are an estimated 11,566 housing units in the Morgan County area. Of these, 3,970 units are rental homes, making up 34 percent of the housing market. For every renter household in Morgan County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Morgan County?

The rental vacancy rate in Morgan County is 2 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 Morgan County for each bedroom size?

Occupied Rental Units by Size in Morgan County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
112 712 1,491 1,118 289
Occupied Rental Units by Size in Morgan County

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

Among renter households in this market, 40 percent have housing cost burden. Further, 20 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 Morgan County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $845 to $2,013. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $845
One BR $948
Two BR $1,246
Three BR $1,639
Four BR $2,013
2024 Fair Market Rents in Morgan County, Colorado

How many units are rented at Fair Market Rent (FMR) in Morgan 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 51 46 percent
One BR 636 89 percent
Two BR 877 59 percent
Rental Units Below FMR in Morgan County, Colorado

How many affordable rental units are in Morgan County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 160
Public Housing 116
Section 8 Project-Based Rental Assistance 118
Section 202 Supportive Housing for the Elderly 29
USDA Section 515 Rural Rental Housing 173
USDA Section 514 Farm Labor Housing 49
Tracked Units by Federal Program in Morgan County, Colorado

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

Income Based Apartments in Morgan County, Colorado

Morgan County features 314 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 Morgan County, Colorado

There are 84 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Morgan County.

Housing Choice Vouchers in Morgan County, Colorado

On average, Section 8 Housing Choice vouchers pay Morgan County landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Morgan County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Morgan County, Colorado for a two-bedroom apartment is between $1,121 and $1,371.

Sourced from federal housing data and AffordableHousingOnline.com research.