Apply to Pitkin County Apartment Waiting Lists
- Senior (62+) and Disabled Rural Development Project-Based is open.
- General Section 8 Project-Based Voucher is open.
- Garfield County Housing Authority Senior Section 8 Project-Based Voucher is open.
- Glenwood Green Apartments, 3-Bedroom Section 8 Project-Based Voucher is open.
- Senior Apartments at Lakota Ridge Section 8 Project-Based Voucher is open.
- Red Hill Lofts Apartments Section 8 Project-Based Voucher is open.
- Maxfield Heights Senior Apartments Section 8 Project-Based Voucher is open.
Castle Creek Apartments
- «
- 1
- »
There are 321 low-income apartments in Pitkin County that offer reduced rents to eligible households. Low-income rents in Pitkin County, Colorado can range from $579 to $2,226 depending on the number of bedrooms.
Rental assistance programs support 0 low-income homes in Pitkin County 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 Pitkin County, 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 |
|---|---|
| Garfield County Housing Authority | Section 8 Housing Choice Voucher (HCV) |
Pitkin County, Colorado Affordable Housing Data
Income Based Apartments in Pitkin County, Colorado
Pitkin County features 0 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 Pitkin County, Colorado
There are 321 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pitkin County.
Housing Choice Vouchers in Pitkin County, Colorado
On average, Section 8 Housing Choice vouchers pay Pitkin County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pitkin County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pitkin County, Colorado for a two-bedroom apartment is between $1,854 and $2,266.
2024 Pitkin 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 | |
|---|---|---|---|---|---|
| Pitkin County, Colorado Fair Market Rent | $1,630 | $1,835 | $2,060 | $2,491 | $3,317 |
| Pitkin County, Colorado Payment Standard Range | $1,467 to $1,793 | $1,652 to $2,019 | $1,854 to $2,266 | $2,242 to $2,740 | $2,985 to $3,649 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Pitkin County, CO Affordable Housing Snapshot
| Total Affordable Apartment Properties | 6 |
|---|---|
| Total Low Income Apartments | 321 |
| Total Housing Units with Rental Assistance | 0 |
| Percentage of Housing Units Occupied By Renters | 34.82% |
| Average Renter Household Size | 2.21 |
| Average Household Size | 2.28 |
| Median Household Income | $71,196 ±$11,001 |
| Median Rent | $1,278 ±$142 |
| Percentage Of Renters Overburdened | 37.67% ± 8.84pp |
| Total Population | 17,420 |
Population and Household Demographics
Pitkin County is a county in Colorado with a population of 17,420. There are 7,570 households in the county with an average household size of 2.28 persons. 34.82% of households in Pitkin County are renters.
Income and Rent Overburden in Pitkin County
The median gross income for households in Pitkin County is $71,196 a year, or $5,933 a month. The median rent for the county is $1,278 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pitkin County, a household making less than $4,260 a month would be considered overburdened when renting an apartment at or above the median rent. 37.67% of households who rent are overburdened in Pitkin County.
Area Median Income In Pitkin 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 Pitkin County, HUD calculates the Area Median Income for a family of four as $136,000
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 Pitkin 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 Pitkin 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 Pitkin County AMI may qualify for rental assistance programs that target Extremely Low Income households. |
$24,050 | $27,450 | $30,900 | $34,300 | $37,050 | $40,280 | $45,420 | $50,560 |
| 50% AMI Income Limits Renters earning up to 50% of the Pitkin County AMI may qualify for rental assistance programs that target Very Low Income households. |
$40,050 | $45,750 | $51,450 | $57,150 | $61,750 | $66,300 | $70,900 | $75,450 |
| 80% AMI Income Limits Renters earning up to 80% of the Pitkin County AMI may qualify for rental assistance programs that target Low Income households. |
$64,050 | $73,200 | $82,350 | $91,450 | $98,800 | $106,100 | $113,400 | $120,750 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.