Low Income Apartments For Rent in Dolores, CO

Rental assistance programs support 28 low-income homes in Dolores where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Dolores, 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
Housing Authority of the County of Montezuma	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Dolores, Colorado Affordable Housing Data

Income Based Apartments in Dolores, Colorado

Dolores features 28 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 Dolores, Colorado

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

Housing Choice Vouchers in Dolores, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dolores, Colorado for a two-bedroom apartment is between $1,142 and $1,396.

2024 Dolores, 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
Dolores, Colorado Fair Market Rent	$910	$966	$1,269	$1,534	$2,043
Dolores, Colorado Payment Standard Range	$819 to $1,001	$869 to $1,063	$1,142 to $1,396	$1,381 to $1,687	$1,839 to $2,247

Sourced from federal housing data and AffordableHousingOnline.com research.

Dolores, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 2

Total Low Income Apartments 28

Total Housing Units with Rental Assistance 28

Percentage of Housing Units Occupied By Renters 53.25%

Average Renter Household Size 2.54

Average Household Size 2.27

Median Household Income $34,813 ±$7,073

Median Rent $929 ±$99

Percentage Of Renters Overburdened 27.64% ± 15.24pp

Total Population 1,048

Total Affordable Apartment Properties	2
Total Low Income Apartments	28
Total Housing Units with Rental Assistance	28
Percentage of Housing Units Occupied By Renters	53.25%
Average Renter Household Size	2.54
Average Household Size	2.27
Median Household Income	$34,813 ±$7,073
Median Rent	$929 ±$99
Percentage Of Renters Overburdened	27.64% ± 15.24pp
Total Population	1,048

Population and Household Demographics

Dolores is a city in Montezuma County, Colorado with a population of 1,048. There are 462 households in the city with an average household size of 2.27 persons. 53.25% of households in Dolores are renters.

Income and Rent Overburden in Dolores

The median gross income for households in Dolores is $34,813 a year, or $2,901 a month. The median rent for the city is $929 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Dolores, a household making less than $3,097 a month would be considered overburdened when renting an apartment at or above the median rent. 27.64% of households who rent are overburdened in Dolores.

Area Median Income In Dolores

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 Dolores, the AMI is calculated from all households within Montezuma County.

In Dolores, HUD calculates the Area Median Income for a family of four as $76,500

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 Dolores

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 Dolores

	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 Dolores AMI may qualify for rental assistance programs that target Extremely Low Income households.	$18,300	$20,900	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Dolores AMI may qualify for rental assistance programs that target Very Low Income households.	$30,450	$34,800	$39,150	$43,500	$47,000	$50,500	$53,950	$57,450
80% AMI Income Limits Renters earning up to 80% of the Dolores AMI may qualify for rental assistance programs that target Low Income households.	$48,750	$55,700	$62,650	$69,600	$75,200	$80,750	$86,350	$91,900