; Low Income Apartments For Rent in Hayden, CO

Apply to Hayden Apartment Waiting Lists

West Routt Housing

300 W Jefferson
Hayden, Colorado
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Vista Verde Townhomes II

305 Vista Verde Dr
Hayden, Colorado
Rent Assisted
LIHTC
Showing Results 1-15
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There are 20 low-income apartments in Hayden that offer reduced rents to eligible households.

Rental assistance programs support 12 low-income homes in Hayden 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 June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Hayden, 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
Grand County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Section 8 Project-Based Rental Assistance (PBRA)
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Hayden.

Hayden, Colorado Affordable Housing Data

Income Based Apartments in Hayden, Colorado

Hayden features 12 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 Hayden, Colorado

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

Housing Choice Vouchers in Hayden, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hayden, Colorado for a two-bedroom apartment is between $1,760 and $2,152.

2024 Hayden, 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
Hayden, Colorado Fair Market Rent $1,448 $1,489 $1,956 $2,365 $3,319
Hayden, Colorado Payment Standard Range $1,303 to $1,593 $1,340 to $1,638 $1,760 to $2,152 $2,129 to $2,602 $2,987 to $3,651

Sourced from federal housing data and AffordableHousingOnline.com research.

Hayden, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 32
Total Housing Units with Rental Assistance 12
Percentage of Housing Units Occupied By Renters 35.21%
Average Renter Household Size 2.67
Average Household Size 2.44
Median Household Income $54,013 ±$6,577
Median Rent $991 ±$138
Percentage Of Renters Overburdened 36.12% ± 12.62pp
Total Population 1,819

Population and Household Demographics

Hayden is a city in Routt County, Colorado with a population of 1,819. There are 747 households in the city with an average household size of 2.44 persons. 35.21% of households in Hayden are renters.

Income and Rent Overburden in Hayden

The median gross income for households in Hayden is $54,013 a year, or $4,501 a month. The median rent for the city is $991 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hayden, a household making less than $3,303 a month would be considered overburdened when renting an apartment at or above the median rent. 36.12% of households who rent are overburdened in Hayden.

Area Median Income In Hayden

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 Hayden, the AMI is calculated from all households within Routt County.

In Hayden, HUD calculates the Area Median Income for a family of four as $119,900

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 Hayden

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 Hayden

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 Hayden AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,750 $26,000 $29,250 $32,500 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Hayden AMI may qualify for rental assistance programs that target Very Low Income households.
$37,950 $43,350 $48,750 $54,150 $58,500 $62,850 $67,150 $71,500
80% AMI Income Limits
Renters earning up to 80% of the Hayden AMI may qualify for rental assistance programs that target Low Income households.
$60,700 $69,350 $78,000 $86,650 $93,600 $100,550 $107,450 $114,400