Springfield, Colorado Affordable Housing

Affordable Housing programs support 32 income based apartments in Springfield where households pay rent based on how much they earn.

There are 0 affordable apartments in Springfield that offer reduced rents to low-income households.

Waiting Lists in Springfield, Colorado

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

Springfield Elderly Housing

680 W 6th Ave
Springfield, Colorado
Rent Assisted
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Affordable Housing Near Springfield

View affordable apartments and waiting lists in cities near Springfield

City Apartments
Walsh, CO Affordable Housing programs support 2 apartment communities in Walsh.

Springfield, Colorado Affordable Housing Data

Income Based Apartments in Springfield, Colorado

Springfield features 32 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 Springfield, Colorado

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Springfield.

Housing Choice Vouchers in Springfield, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springfield, Colorado for a two-bedroom apartment is between $743 and $909.

2023 Springfield, 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
Springfield, Colorado Fair Market Rent $643 $647 $826 $1,174 $1,334
Springfield, Colorado Payment Standard Range $579 to $707 $582 to $712 $743 to $909 $1,057 to $1,291 $1,201 to $1,467

Sourced from federal housing data and AffordableHousingOnline.com research.

Springfield, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 32
Percentage of Housing Units Occupied By Renters 25.39%
Average Renter Household Size 1.87
Average Household Size 2.29
Median Household Income $33,029 ±$3,976
Median Rent $510 ±$74
Percentage Of Renters Overburdened 40% ± 14.54pp
Total Population 1,392

Population and Household Demographics

Springfield is a city in Baca County, Colorado with a population of 1,392. There are 571 households in the city with an average household size of 2.29 persons. 25.39% of households in Springfield are renters.

Income and Rent Overburden in Springfield

The median gross income for households in Springfield is $33,029 a year, or $2,752 a month. The median rent for the city is $510 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Springfield, a household making less than $1,700 a month would be considered overburdened when renting an apartment at or above the median rent. 40% of households who rent are overburdened in Springfield.

Area Median Income In Springfield

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Springfield, the AMI is calculated from all households within Baca County.

In Springfield, HUD calculates the Area Median Income for a family of four as $53,600

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 Springfield

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 Springfield

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 Springfield 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 Springfield 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 Springfield 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