Affordable Housing In Rio Grande County
Colorado

Affordable Housing programs support 322 income based apartments in Rio Grande County where households pay rent based on how much they earn.

There are 512 affordable apartments in Rio Grande County that offer reduced rents to low-income households.

Waiting Lists in Rio Grande County, Colorado

There are no open Section 8 Housing Choice Voucher waiting lists in Rio Grande County. Go to the Colorado Section 8 Waiting Lists page for openings near Rio Grande County.

Sangre De Cristo

273 Wills Street
Center, Colorado
Call For Rent
2-3 BR

GardenWalk of South Fork

170 Bonnaville Dr
South Fork, Colorado
Rent Assisted

Center Senior Housing Cielo Vista

460 1st St
Center, Colorado
Call For Rent
1 BR
Affordable

Valle Vista

58 E Central
Center, Colorado

Sierra Vista Apartments

472 Jackson St
Monte Vista, Colorado
Rent Assisted

Buena Ventura Court

51 Buena Ventura Ct
Center, Colorado
Rent Assisted

La Hacienda Del Norte

1025 Spruce St
Del Norte, Colorado
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Casa De Cortez Apartments

751 Mussman Ln
Center, Colorado
Affordable

Mountain View Manor

311 Washington St
Monte Vista, Colorado
Rent Assisted

West View Villas

445 Dunham St
Monte Vista, Colorado
Affordable
Showing Results 1-10

Affordable Housing In Rio Grande County

View affordable apartments and waiting lists in cities near Rio Grande County

City Apartments
Affordable Housing In Center, CO Affordable Housing programs support 9 apartment communities in Center.
Affordable Housing In Del Norte, CO Affordable Housing programs support 3 apartment communities in Del Norte.
Affordable Housing In Monte Vista, CO Affordable Housing programs support 9 apartment communities in Monte Vista.
Affordable Housing In South Fork, CO Affordable Housing programs support 1 apartment communities in South Fork.

Rio Grande County, Colorado Affordable Housing Data

Income Based Apartments in Rio Grande County, Colorado

Rio Grande County features 322 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 Rio Grande County, Colorado

There are 512 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rio Grande County.

Housing Choice Vouchers in Rio Grande County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Rio Grande County, Colorado for a two-bedroom apartment is between $809 and $989.

2023 Rio Grande 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
Rio Grande County, Colorado Fair Market Rent $691 $695 $899 $1,204 $1,452
Rio Grande County, Colorado Payment Standard Range $622 to $760 $626 to $765 $809 to $989 $1,084 to $1,324 $1,307 to $1,597

Sourced from federal housing data and AffordableHousingOnline.com research.

Rio Grande County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 22
Total Low Income Apartments 978
Total Housing Units with Rental Assistance 322
Percentage of Housing Units Occupied By Renters 33.33%
Average Renter Household Size 2.29
Average Household Size 2.49
Median Household Income $39,672 ±$4,196
Median Rent $575 ±$61
Percentage Of Renters Overburdened 33.07% ± 7.83pp
Total Population 11,745

Population and Household Demographics

Rio Grande County is a county in Colorado with a population of 11,745. There are 4,617 households in the county with an average household size of 2.49 persons. 33.33% of households in Rio Grande County are renters.

Income and Rent Overburden in Rio Grande County

The median gross income for households in Rio Grande County is $39,672 a year, or $3,306 a month. The median rent for the county is $575 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rio Grande County, a household making less than $1,917 a month would be considered overburdened when renting an apartment at or above the median rent. 33.07% of households who rent are overburdened in Rio Grande County.

Area Median Income In Rio Grande 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 Rio Grande County, HUD calculates the Area Median Income for a family of four as $64,600

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 Rio Grande 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 Rio Grande 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 Rio Grande County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,300 $19,750 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Rio Grande County AMI may qualify for rental assistance programs that target Very Low Income households.
$28,800 $32,900 $37,000 $41,100 $44,400 $47,700 $51,000 $54,300
80% AMI Income Limits
Renters earning up to 80% of the Rio Grande County AMI may qualify for rental assistance programs that target Low Income households.
$46,050 $52,600 $59,200 $65,750 $71,050 $76,300 $81,550 $86,800