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

Discover affordable housing in Ouray County where there are 1+ 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.

Image of Ridgway Space to Create

Ridgway Space to Create

675 Clinton St, Ridgway, Colorado 81432

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Ouray County, Colorado

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
 Low income apartments with no or short waiting lists.
payment Subsidized
 Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
 Apartments that accept Section 8 vouchers near you
elderly Senior
 Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
 Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
 Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
 Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
 Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.

Montrose County, Colorado Waiting List

calendar_today Opened: Aug 8
calendar_today Closed: Mar 29,
devices
touch_app Get the Application

Reported On March 29th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ouray County, Colorado
$33.56/hour
$19.14 (+133%) more than Colorado minimum wage and $26.31 (+363%) more than the Federal minimum wage.
Learn More About Ouray County, Colorado Affordable Housing ↓

What HUD offices serve Ouray 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.

Montrose County Housing Authority
Operates the Section 8 Housing Choice Voucher (HCV), Veteran Affairs Supportive Housing (VASH) programs for Ouray County, Colorado.

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

How many renters live in Ouray County, Colorado?

The County of Ouray County has people living in households.

There are renters living in renter households in this County. Renters make up 23.97 percent of the population living in Ouray County.

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

There are an estimated housing units in the Ouray County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ouray County, Colorado, there are 1.16 rental units.

What is the vacancy rate for rentals in Ouray County?

The rental vacancy rate in Ouray County is 13 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 Ouray County for each bedroom size?

Occupied Rental Units by Size in Ouray County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 139 251 117 37
Occupied Rental Units by Size in Ouray County

A large number of apartments in Ouray County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Ouray County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,340 to $2,405. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,340
One BR $1,349
Two BR $1,772
Three BR $2,384
Four BR $2,405
2024 Fair Market Rents in Ouray County, Colorado

How many units are rented at Fair Market Rent (FMR) in Ouray 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 11 55 percent
One BR 95 68 percent
Two BR 149 59 percent
Rental Units Below FMR in Ouray County, Colorado

How many affordable rental units are in Ouray County?

Income Based Apartments in Ouray County, Colorado

Ouray County features 0 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 Ouray County, Colorado

There are 30 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ouray County.

Housing Choice Vouchers in Ouray County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ouray County, Colorado for a two-bedroom apartment is between $1,595 and $1,949.

Sourced from federal housing data and AffordableHousingOnline.com research.