Affordable Housing In Washington County
Colorado

3 Low Income Apartment Communities In Washington County

Guide To Affordable Housing in Washington County, Colorado

There are 3 low income housing apartment communities offering 38 affordable apartments for rent in Washington County, Colorado.

Income Based Apartments in Washington County, Colorado

Washington County features 38 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 Washington County, Colorado

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

Housing Choice Vouchers in Washington County, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Washington County, Colorado for a two-bedroom apartment is between $734 and $897.

2021 Washington 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
Washington County, Colorado Fair Market Rent	$699	$715	$815	$1,014	$1,105
Washington County, Colorado Payment Standard Range	$629 to $769	$644 to $787	$734 to $897	$913 to $1,115	$995 to $1,216

Sourced from federal housing data and AffordableHousingOnline.com research.

Washington County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties	3
Total Low Income Apartments	38
Total Housing Units with Rental Assistance	38
Percentage of Housing Units Occupied By Renters	26.13%
Average Renter Household Size	2.41
Average Household Size	2.30
Median Household Income	$45,541 ±$3,034
Median Rent	$617 ±$45
Percentage Of Renters Overburdened	27.49% ± 6.7pp
Total Population	4,795

Population and Household Demographics

Washington County is a county in Colorado with a population of 4,795. There are 1,963 households in the county with an average household size of 2.30 persons. 26.13% of households in Washington County are renters.

Income and Rent Overburden in Washington County

The median gross income for households in Washington County is $45,541 a year, or $3,795 a month. The median rent for the county is $617 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Washington County, a household making less than $2,057 a month would be considered overburdened when renting an apartment at or above the median rent. 27.49% of households who rent are overburdened in Washington County.

Area Median Income In Washington 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 Washington County, HUD calculates the Area Median Income for a family of four as $64,200

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 Washington 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 Washington 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 Washington County AMI may qualify for rental assistance programs that target Extremely Low Income households.	$14,950	$17,240	$21,720	$26,200	$30,680	$35,160	$39,640	$44,120
50% AMI Income Limits Renters earning up to 50% of the Washington County AMI may qualify for rental assistance programs that target Very Low Income households.	$24,850	$28,400	$31,950	$35,500	$38,350	$41,200	$44,050	$46,900
80% AMI Income Limits Renters earning up to 80% of the Washington County AMI may qualify for rental assistance programs that target Low Income households.	$39,800	$45,450	$51,150	$56,800	$61,350	$65,900	$70,450	$75,000