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Affordable Housing In Yuma County
Colorado

4 Low Income Apartment Communities In Yuma County

Lincoln Terrace

923 Lincoln Ter
Wray, Colorado
Subsidized

Wray

1029 Clay St
Wray, Colorado

High Plains Manor

700 W 3rd Ave
Yuma, Colorado
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Guide To Affordable Housing in Yuma County, Colorado

There are 4 low income housing apartment communities offering 130 affordable apartments for rent in Yuma County, Colorado.

Income Based Apartments in Yuma County, Colorado

Yuma County features 110 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 Yuma County, Colorado

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yuma County.

Housing Choice Vouchers in Yuma County, Colorado

On average, Section 8 Housing Choice vouchers pay Yuma County landlords $700 per month towards rent. The average voucher holder contributes $400 towards rent in Yuma County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Yuma County, Colorado for a two-bedroom apartment is between $643 and $785.

2020 Yuma 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
Fair Market Rent $539 $542 $714 $1,021 $1,046
Payment Standard Range $485 to $593 $488 to $596 $643 to $785 $919 to $1,123 $941 to $1,151

Sourced from federal housing data and AffordableHousingOnline.com research.

Yuma County, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 130
Total Housing Units with Rental Assistance 110
Percentage of Housing Units Occupied By Renters 37.05%
Average Renter Household Size 2.47
Average Household Size 2.60
Median Household Income $43,105 ±$4,306
Median Rent $639 ±$41
Percentage Of Renters Overburdened 37.71% ± 9.95pp
Total Population 10,185

Population and Household Demographics

Yuma County is a county in Colorado with a population of 10,185. There are 3,865 households in the county with an average household size of 2.60 persons. 37.05% of households in Yuma County are renters.

Income and Rent Overburden in Yuma County

The median gross income for households in Yuma County is $43,105 a year, or $3,592 a month. The median rent for the county is $639 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Yuma County, a household making less than $2,130 a month would be considered overburdened when renting an apartment at or above the median rent. 37.71% of households who rent are overburdened in Yuma County.

Area Median Income In Yuma 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 Yuma County, HUD calculates the Area Median Income for a family of four as $54,100

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 Yuma 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 Yuma County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,950 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
80% of Median $39,800 $45,450 $51,150 $56,800 $61,350 $65,900 $70,450 $75,000

Cities In Yuma County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Eckley
Idalia
Joes
Kirk
Laird
Vernon
Wray
Yuma The HUD funded Public Housing Agency that serves Yuma is the Yuma Housing Authority.