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

Discover affordable housing in Washington County where there are 3+ 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.

Pioneer Haven

433 Delta Ave, Akron, Colorado 80720

Homestead Apts

306 E 2nd Ave, Otis, Colorado

Homestead Apts

306 E 2nd Ave, Otis, Colorado

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Washington County, Colorado
$20.51/hour
$6.09 (+42%) more than Colorado minimum wage and $13.26 (+183%) more than the Federal minimum wage.
Learn More About Washington County, Colorado Affordable Housing ↓

How many renters live in Washington County, Colorado?

The County of Washington County has 4,817 people living in 2,030 households.

There are 1,286 renters living in 604 renter households in this County. Renters make up 26.7 percent of the population living in Washington County.

What is the rental market like in Washington County, Colorado?

There are an estimated 2,293 housing units in the Washington County area. Of these, 637 units are rental homes, making up 28 percent of the housing market. For every renter household in Washington County, Colorado, there are 1 rental units.

What is the vacancy rate for rentals in Washington County?

The rental vacancy rate in Washington County is 5 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 Washington County for each bedroom size?

Occupied Rental Units by Size in Washington County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 66 216 204 106
Occupied Rental Units by Size in Washington County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 16 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 Washington County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $850 to $1,442. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $850
One BR $909
Two BR $1,083
Three BR $1,414
Four BR $1,442
2024 Fair Market Rents in Washington County, Colorado

How many units are rented at Fair Market Rent (FMR) in Washington 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 8 100 percent
One BR 47 71 percent
Two BR 118 55 percent
Rental Units Below FMR in Washington County, Colorado

How many affordable rental units are in Washington County?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 20
USDA Section 515 Rural Rental Housing 9
Tracked Units by Federal Program in Washington County, Colorado

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

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 $975 and $1,191.

Sourced from federal housing data and AffordableHousingOnline.com research.