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Affordable Housing In Pitkin County
Colorado

6 Low Income Apartment Communities In Pitkin County

Roaring Fork Apartments

111 Emma Road
Basalt, Colorado
$579-2,226
1-2 BR
Market Rate

Truscott Phase II Housing

10 Truscott Pl
Aspen, Colorado

Aspen Affordable Housing

488 Castle Creek Road
Aspen, Colorado

Maroon Creek Apartments

100 Stage Ct
Aspen, Colorado

Aspen Country Inn

38996 Highway 82
Aspen, Colorado

RiverBrook Apartments

NW of S. Aspen and W. Shreveport
Aspen, Colorado
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Housing Authorities that serve Pitkin County

Housing Authority Programs
Garfield County Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pitkin County, Colorado

There are 6 low income housing apartment communities offering 321 affordable apartments for rent in Pitkin County, Colorado.

Income Based Apartments in Pitkin County, Colorado

Pitkin 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 Pitkin County, Colorado

There are 321 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pitkin County.

Housing Choice Vouchers in Pitkin County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pitkin County, Colorado for a two-bedroom apartment is between $1,540 and $1,882.

2021 Pitkin 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
Pitkin County, Colorado Fair Market Rent $1,129 $1,298 $1,711 $2,312 $2,320
Pitkin County, Colorado Payment Standard Range $1,016 to $1,242 $1,168 to $1,428 $1,540 to $1,882 $2,081 to $2,543 $2,088 to $2,552

Sourced from federal housing data and AffordableHousingOnline.com research.

Pitkin County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 321
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 34.82%
Average Renter Household Size 2.21
Average Household Size 2.28
Median Household Income $71,196 ±$11,001
Median Rent $1,278 ±$142
Percentage Of Renters Overburdened 37.67% ± 8.84pp
Total Population 17,420

Population and Household Demographics

Pitkin County is a county in Colorado with a population of 17,420. There are 7,570 households in the county with an average household size of 2.28 persons. 34.82% of households in Pitkin County are renters.

Income and Rent Overburden in Pitkin County

The median gross income for households in Pitkin County is $71,196 a year, or $5,933 a month. The median rent for the county is $1,278 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pitkin County, a household making less than $4,260 a month would be considered overburdened when renting an apartment at or above the median rent. 37.67% of households who rent are overburdened in Pitkin County.

Area Median Income In Pitkin 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 Pitkin County, HUD calculates the Area Median Income for a family of four as $110,500

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 Pitkin 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 Pitkin 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 Pitkin County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $44,120
50% AMI Income Limits
Renters earning up to 50% of the Pitkin County AMI may qualify for rental assistance programs that target Very Low Income households.
$38,700 $44,200 $49,750 $55,250 $59,700 $64,100 $68,550 $72,950
80% AMI Income Limits
Renters earning up to 80% of the Pitkin County AMI may qualify for rental assistance programs that target Low Income households.
$54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650

Cities In Pitkin County

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

City Served By
Aspen The HUD funded Public Housing Agency that serves Aspen is the Garfield County Housing Authority.
Norrie The HUD funded Public Housing Agency that serves Norrie is the Garfield County Housing Authority.
Redstone The HUD funded Public Housing Agency that serves Redstone is the Garfield County Housing Authority.
Snowmass Village The HUD funded Public Housing Agency that serves Snowmass Village is the Garfield County Housing Authority.
Woody Creek The HUD funded Public Housing Agency that serves Woody Creek is the Garfield County Housing Authority.