Affordable Housing In Park County
Colorado

Affordable Housing programs support 0 income based apartments in Park County where households pay rent based on how much they earn.

There are 14 affordable apartments in Park County that offer reduced rents to low-income households.

Waiting Lists in Park County, Colorado

There are two Section 8 Housing Choice Voucher waiting lists open in Park County.

Go to the Colorado Section 8 Waiting Lists page for more openings near Park County.

Treeline Village

210 Chisholm Way
Alma, Colorado
Affordable
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Affordable Housing In Park County

View affordable apartments and waiting lists in cities near Park County

City Apartments
Affordable Housing In Alma, CO Affordable Housing programs support 1 apartment communities in Alma.

Public Housing Agencies Serving Park 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.

Housing Authority Programs
Upper Arkansas Area Council of Governments Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Mainstream Voucher
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Park County.

Park County, Colorado Affordable Housing Data

Income Based Apartments in Park County, Colorado

Park 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 Park County, Colorado

There are 14 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Park County.

Housing Choice Vouchers in Park County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Park County, Colorado for a two-bedroom apartment is between $1,670 and $2,042.

2023 Park 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
Park County, Colorado Fair Market Rent $1,390 $1,538 $1,856 $2,449 $2,750
Park County, Colorado Payment Standard Range $1,251 to $1,529 $1,384 to $1,692 $1,670 to $2,042 $2,204 to $2,694 $2,475 to $3,025

Sourced from federal housing data and AffordableHousingOnline.com research.

Park County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 14
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 17.65%
Average Renter Household Size 2.01
Average Household Size 2.20
Median Household Income $56,969 ±$5,031
Median Rent $1,088 ±$158
Percentage Of Renters Overburdened 52.4% ± 8.31pp
Total Population 16,189

Population and Household Demographics

Park County is a county in Colorado with a population of 16,189. There are 7,319 households in the county with an average household size of 2.20 persons. 17.65% of households in Park County are renters.

Income and Rent Overburden in Park County

The median gross income for households in Park County is $56,969 a year, or $4,747 a month. The median rent for the county is $1,088 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Park County, a household making less than $3,627 a month would be considered overburdened when renting an apartment at or above the median rent. 52.4% of households who rent are overburdened in Park County.

Area Median Income In Park 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 Park County, HUD calculates the Area Median Income for a family of four as $117,800

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 Park 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 Park 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 Park County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$24,650 $28,150 $31,650 $35,150 $38,000 $40,800 $43,600 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Park County AMI may qualify for rental assistance programs that target Very Low Income households.
$41,050 $46,900 $52,750 $58,600 $63,300 $68,000 $72,700 $77,400
80% AMI Income Limits
Renters earning up to 80% of the Park County AMI may qualify for rental assistance programs that target Low Income households.
$62,600 $71,550 $80,500 $89,400 $96,600 $103,750 $110,900 $118,050