; Low Income Apartments For Rent in Rifle, CO

Apply to Rifle Apartment Waiting Lists

Maxfield Heights Senior Apartments

125 Ute Ave
Rifle, Colorado
Subsidized
PBV
$457-987
1 BR

Kendall Heights Apartments I

250 Ute Ave
Rifle, Colorado
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515

508 E 7th St Unit A

508 E 7th St
Rifle, Colorado
$1,900
3 BR

Eagles Nest Apartments

1041 W 24th St
Rifle, Colorado
Rent Assisted
LIHTC

White River Townhomes

800 S Whiteriver Ave
Rifle, Colorado
Rent Assisted
LIHTC
USDA S. 538
BMIR
Call For Rent
2-4 BR

Kendall Heights Apartments II

150 Ute Ave
Rifle, Colorado
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515
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There are 59 low-income apartments in Rifle that offer reduced rents to eligible households.

Rental assistance programs support 122 low-income homes in Rifle where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $380 towards rent each month.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Rifle, 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)
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Rifle.

Rifle, Colorado Affordable Housing Data

Income Based Apartments in Rifle, Colorado

Rifle features 122 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 Rifle, Colorado

There are 59 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rifle.

Housing Choice Vouchers in Rifle, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Rifle, Colorado for a two-bedroom apartment is between $1,383 and $1,691.

2024 Rifle, 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
Rifle, Colorado Fair Market Rent $1,162 $1,170 $1,537 $2,166 $2,438
Rifle, Colorado Payment Standard Range $1,046 to $1,278 $1,053 to $1,287 $1,383 to $1,691 $1,949 to $2,383 $2,194 to $2,682

Sourced from federal housing data and AffordableHousingOnline.com research.

Rifle, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 182
Total Housing Units with Rental Assistance 122
Percentage of Housing Units Occupied By Renters 36.81%
Average Renter Household Size 2.71
Average Household Size 3.00
Median Household Income $54,175 ±$4,844
Median Rent $982 ±$150
Percentage Of Renters Overburdened 55.99% ± 14.45pp
Total Population 9,451

Population and Household Demographics

Rifle is a city in Garfield County, Colorado with a population of 9,451. There are 3,105 households in the city with an average household size of 3.00 persons. 36.81% of households in Rifle are renters.

Income and Rent Overburden in Rifle

The median gross income for households in Rifle is $54,175 a year, or $4,515 a month. The median rent for the city is $982 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rifle, a household making less than $3,273 a month would be considered overburdened when renting an apartment at or above the median rent. 55.99% of households who rent are overburdened in Rifle.

Area Median Income In Rifle

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 Rifle, the AMI is calculated from all households within Garfield County.

In Rifle, HUD calculates the Area Median Income for a family of four as $99,200

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 Rifle

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 Rifle

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 Rifle AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,850 $23,800 $26,800 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Rifle AMI may qualify for rental assistance programs that target Very Low Income households.
$34,750 $39,700 $44,650 $49,600 $53,600 $57,550 $61,550 $65,500
80% AMI Income Limits
Renters earning up to 80% of the Rifle AMI may qualify for rental assistance programs that target Low Income households.
$55,550 $63,500 $71,450 $79,350 $85,700 $92,050 $98,400 $104,750