Low Income Apartments and Affordable Housing For Rent in Parker, CO

Discover affordable housing in Parker where there are 49+ 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.

Parker Hilltop Apartments

19600 Clubhouse Dr, Parker, Colorado 80138

bed 1-3
payment $1295-1934/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Broadstone Wren

8521 Kings Point Way, Parker, Colorado 80138

bed 1-2
payment $1786-2129/mo.

Parker Flats at Old Town

19752-19766 Pikes Peak Dr, Parker, Colorado 80138

bed 1-2
payment $1510-2010/mo.

Cherrywood Village Apartments

16950 Carlson Dr, Parker, Colorado 80134

bed 1-2
payment $1530-1810/mo.

Waterford on Mainstreet

18588 E Mainstreet, Parker, Colorado 80134

bed 1-3
payment $1551-2710/mo.

Peak 83

11605 Radiant Cir, Parker, Colorado 80134

bed 1-2
payment $1697-1912/mo.

Parker Hilltop

19600 Clubhouse Dr, Parker, Colorado 80138

bed 1-3
payment $1591-2338/mo.

Pine + Parker

9554 Twenty Mile Rd, Parker, Colorado 80134

bed 1-3
payment $1760-2789/mo.

Briargate on Main

18931 E Briargate Ln, Parker, Colorado 80134

bed 1-2
payment $1797-2116/mo.

Montane

18301 Cottonwood Dr, Parker, Colorado 80134

bed Studio-3
payment $1598-2600/mo.

The Alder

15091 Belford Ave, Parker, Colorado 80134

bed 1
payment $1710/mo.

Vela Meridian

10115 S Peoria St, Parker, Colorado 80134

bed 1
payment $1765/mo.

Enclave at Cherry Creek

17565 E Pine Ln, Parker, Colorado 80134

bed 1-3
payment $1631-2709/mo.

Stone Canyon Apartments

19255 E Cottonwood Dr, Parker, Colorado 80138

bed 1-2
payment $1492-2194/mo.

The Depot at Twenty Mile

9425 20 Mile Rd, Parker, Colorado 80134

bed 1-2
payment $1590-1995/mo.

12935 Ironstone Way Unit 101

12935 Ironstone Way Unit 101, Parker, Colorado 80134

bed 2
payment $1995/mo.

8952 Cloverleaf Cir

8952 Cloverleaf Cir, Parker, Colorado 80134

bed 3
payment $2695/mo.

18182 Caffey Dr

18182 Caffey Dr, Parker, Colorado 80134

bed 3
payment $2700/mo.

8924 Birch Run Ln

8924 Birch Run Ln, Parker, Colorado 80134

bed 4
payment $3195/mo.

21737 Saddlebrook Dr

21737 Saddlebrook Dr, Parker, Colorado 80138

bed 3
payment $2695/mo.

How To Identify Affordable Housing in Parker, 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.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Parker, Colorado
$41.69/hour
$27.27 (+189%) more than Colorado minimum wage and $34.44 (+475%) more than the Federal minimum wage.
Learn More About Parker, Colorado Affordable Housing ↓

How many renters live in Parker, Colorado?

The City of Parker has people living in households.

There are renters living in renter households in this City. Renters make up 21.89 percent of the population living in Parker.

What is the rental market like in Parker, Colorado?

There are an estimated housing units in the Parker area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Parker, Colorado, there are 1.13 rental units.

What is the vacancy rate for rentals in Parker?

The rental vacancy rate in Parker is 7 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 Parker for each bedroom size?

Occupied Rental Units by Size in Parker
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
342 1,831 1,799 1,016 263
Occupied Rental Units by Size in Parker

A large number of apartments in Parker 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 Parker

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,658 to $3,225. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,658
One BR $1,835
Two BR $2,201
Three BR $2,874
Four BR $3,225
2024 Fair Market Rents in Parker, Colorado

How many units are rented at Fair Market Rent (FMR) in Parker?

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 54 16 percent
One BR 387 21 percent
Two BR 145 8 percent
Rental Units Below FMR in Parker, Colorado

How many affordable rental units are in Parker?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Parker, Colorado

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

Income Based Apartments in Parker, Colorado

Parker 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 Parker, Colorado

There are 312 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Parker.

Housing Choice Vouchers in Parker, Colorado

On average, Section 8 Housing Choice vouchers pay Parker landlords $800 per month towards rent. The average voucher holder contributes $400 towards rent in Parker.

The maximum amount a voucher would pay on behalf of a low-income tenant in Parker, Colorado for a two-bedroom apartment is between $1,981 and $2,421.

Sourced from federal housing data and AffordableHousingOnline.com research.

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