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

Discover affordable housing in Superior where there are 1+ 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.

124 E Douglas St

124 E Douglas St, Superior, Colorado 80027

bed 1
payment $1450/mo.

How To Identify Affordable Housing in Superior, 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.
calendar_today Opens: Jun 25
calendar_today Closes: Jun 26,
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Reported On May 28th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Superior, Colorado
$41.99/hour
$27.57 (+191%) more than Colorado minimum wage and $34.74 (+479%) more than the Federal minimum wage.
Learn More About Superior, Colorado Affordable Housing ↓

What HUD offices serve Superior, Colorado?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Superior, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Superior, Colorado.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Superior, Colorado.

Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Superior.

How many renters live in Superior, Colorado?

The City of Superior has 13,146 people living in 4,504 households.

There are 4,325 renters living in 1,812 renter households in this City. Renters make up 32.9 percent of the population living in Superior.

What is the rental market like in Superior, Colorado?

There are an estimated 4,646 housing units in the Superior area. Of these, 1,933 units are rental homes, making up 42 percent of the housing market. For every renter household in Superior, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Superior?

The rental vacancy rate in Superior 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 Superior for each bedroom size?

Occupied Rental Units by Size in Superior
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 370 940 210 166
Occupied Rental Units by Size in Superior

A large number of apartments in Superior 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 Superior are overburdened by housing costs?

Among renter households in this market, 31 percent have housing cost burden. Further, 10 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 Superior

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,585 to $3,394. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,585
One BR $1,823
Two BR $2,217
Three BR $2,898
Four BR $3,394
2024 Fair Market Rents in Superior, Colorado

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

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 0 100 percent
One BR 84 23 percent
Two BR 60 6 percent
Rental Units Below FMR in Superior, Colorado

How many affordable rental units are in Superior?

Income Based Apartments in Superior, Colorado

Superior 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 Superior, Colorado

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

Housing Choice Vouchers in Superior, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Superior, Colorado for a two-bedroom apartment is between $1,995 and $2,439.

Sourced from federal housing data and AffordableHousingOnline.com research.