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

Discover affordable housing in Las Animas County where there are 10+ 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.

Trinidad Artspace Lofts

228 West Main Street, Trinidad, Colorado 81082

Trinidad Apartments

1516 Arizona Ave, Trinidad, Colorado 81082

North Ave Apartments

421 E North Ave, Trinidad, Colorado 81082

Western Apartments

411 E North Ave, Trinidad, Colorado 81082

Vista Del Rae

1402 Atchison Ave, Trinidad, Colorado 81082

Corazon Square

201 Raton St, Trinidad, Colorado 81082

Casa Alegre

717 W Adams St, Trinidad, Colorado 81082

Casa Village II

712 E Godding Avenue, Trinidad, Colorado

Casa Village I

712 E Godding Ave, Trinidad, Colorado

Aguilar

301 W Main St, Aguilar, Colorado 81020

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Las Animas County, Colorado
$22.27/hour
$7.85 (+54%) more than Colorado minimum wage and $15.02 (+207%) more than the Federal minimum wage.
Learn More About Las Animas County, Colorado Affordable Housing ↓

How many renters live in Las Animas County, Colorado?

The County of Las Animas County has 14,422 people living in 6,631 households.

There are 3,999 renters living in 1,943 renter households in this County. Renters make up 27.73 percent of the population living in Las Animas County.

What is the rental market like in Las Animas County, Colorado?

There are an estimated 8,112 housing units in the Las Animas County area. Of these, 2,033 units are rental homes, making up 25 percent of the housing market. For every renter household in Las Animas County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Las Animas County?

The rental vacancy rate in Las Animas County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Las Animas County for each bedroom size?

Occupied Rental Units by Size in Las Animas County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
108 322 853 555 88
Occupied Rental Units by Size in Las Animas County

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

How many renter households in Las Animas County are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 21 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Las Animas County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $797 to $1,571. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $797
One BR $895
Two BR $1,176
Three BR $1,451
Four BR $1,571
2024 Fair Market Rents in Las Animas County, Colorado

How many units are rented at Fair Market Rent (FMR) in Las Animas 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 77 71 percent
One BR 227 70 percent
Two BR 555 65 percent
Rental Units Below FMR in Las Animas County, Colorado

How many affordable rental units are in Las Animas County?

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

Federal Program Unit Count
Public Housing 214
Section 8 Project-Based Rental Assistance 126
Section 811 Supportive Housing for Persons with Disabilities 8
USDA Section 515 Rural Rental Housing 115
Tracked Units by Federal Program in Las Animas County, Colorado

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

Income Based Apartments in Las Animas County, Colorado

Las Animas County features 287 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 Las Animas County, Colorado

There are 41 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Las Animas County.

Housing Choice Vouchers in Las Animas County, Colorado

On average, Section 8 Housing Choice vouchers pay Las Animas County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Las Animas County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Las Animas County, Colorado for a two-bedroom apartment is between $1,058 and $1,294.

Sourced from federal housing data and AffordableHousingOnline.com research.