Reserve at Thornton

9700 Welby Rd
Thornton, Colorado
Income Based
1-3 BR

Larkridge Apartments

16105 Washington St
Thornton, Colorado
1-3 BR

Dawson Square Apartments

8670 Dawson St
Thornton, Colorado
Income Based
2-3 BR

Renaissance Apartments

388 E 88th Ave
Thornton, Colorado

Crossing Pointe North

4220 East 104th Avenue
Thornton, Colorado
1-2 BR
Showing Results 1-5

There are 871 low-income apartments in Thornton that offer reduced rents to eligible households.

Rental assistance programs support 466 low-income homes in Thornton where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $339 towards rent each month.

Affordable rent data for some communities last confirmed on August 20th, 2022. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Thornton, 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.

Housing Authority Programs
Maiker Housing Partners Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH)
Housing Authority of the City of Aurora Section 8 Housing Choice Voucher (HCV); Public Housing; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Section 8 Project-Based Rental Assistance (PBRA); Family Unification Program (FUP)
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Thornton.

Thornton, Colorado Affordable Housing Data

Income Based Apartments in Thornton, Colorado

Thornton features 466 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 Thornton, Colorado

There are 871 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Thornton.

Housing Choice Vouchers in Thornton, Colorado

On average, Section 8 Housing Choice vouchers pay Thornton landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in Thornton.

The maximum amount a voucher would pay on behalf of a low-income tenant in Thornton, Colorado for a two-bedroom apartment is between $1,670 and $2,042.

2023 Thornton, 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
Thornton, Colorado Fair Market Rent $1,390 $1,538 $1,856 $2,449 $2,750
Thornton, Colorado Payment Standard Range $1,251 to $1,529 $1,384 to $1,692 $1,670 to $2,042 $2,204 to $2,694 $2,475 to $3,025

Sourced from federal housing data and research.

Thornton, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 1,337
Total Housing Units with Rental Assistance 466
Percentage of Housing Units Occupied By Renters 30.83%
Average Renter Household Size 2.88
Average Household Size 2.98
Median Household Income $66,948 ±$1,756
Median Rent $1,150 ±$24
Percentage Of Renters Overburdened 50.02% ± 3.85pp
Total Population 127,688

Population and Household Demographics

Thornton is a city in Adams County, Colorado with a population of 127,688. There are 42,679 households in the city with an average household size of 2.98 persons. 30.83% of households in Thornton are renters.

Income and Rent Overburden in Thornton

The median gross income for households in Thornton is $66,948 a year, or $5,579 a month. The median rent for the city is $1,150 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thornton, a household making less than $3,833 a month would be considered overburdened when renting an apartment at or above the median rent. 50.02% of households who rent are overburdened in Thornton.

Area Median Income In Thornton

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 Thornton, the AMI is calculated from all households within Adams County.

In Thornton, HUD calculates the Area Median Income for a family of four as $125,500

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 Thornton

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 Thornton

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 Thornton AMI may qualify for rental assistance programs that target Extremely Low Income households.
$26,100 $29,800 $33,550 $37,250 $40,250 $43,250 $46,200 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Thornton AMI may qualify for rental assistance programs that target Very Low Income households.
$43,450 $49,650 $55,850 $62,050 $67,050 $72,000 $76,950 $81,950
80% AMI Income Limits
Renters earning up to 80% of the Thornton AMI may qualify for rental assistance programs that target Low Income households.
$66,300 $75,750 $85,200 $94,650 $102,250 $109,800 $117,400 $124,950