; Low Income Apartments For Rent in Superior, CO

Apply to Superior Apartment Waiting Lists

2855 Rock Creek circle

2855 Rock Creek circle
Superior, Colorado
$2,800
3 BR
Showing Results 1-15
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There are 0 low-income apartments in Superior that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Superior 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 July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Superior, 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
Boulder County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Boulder Housing Partners Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work
Longmont Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Colorado Public Housing and Low-Income Apartments Waiting Lists page for openings near Superior.

Superior, Colorado Affordable Housing Data

Income Based Apartments in Superior, Colorado

Superior 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 Superior, Colorado

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

Housing Choice Vouchers in Superior, Colorado

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Superior, Colorado for a two-bedroom apartment is between $1,995 and $2,439.

2024 Superior, 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
Superior, Colorado Fair Market Rent $1,585 $1,823 $2,217 $2,898 $3,394
Superior, Colorado Payment Standard Range $1,427 to $1,744 $1,641 to $2,005 $1,995 to $2,439 $2,608 to $3,188 $3,055 to $3,733

Sourced from federal housing data and AffordableHousingOnline.com research.

Superior, CO Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 1
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 36.91%
Average Renter Household Size 2.49
Average Household Size 2.92
Median Household Income $115,846 ±$5,968
Median Rent $1,478 ±$58
Percentage Of Renters Overburdened 38.04% ± 10.36pp
Total Population 12,815

Population and Household Demographics

Superior is a city in Boulder County, Colorado with a population of 12,815. There are 4,395 households in the city with an average household size of 2.92 persons. 36.91% of households in Superior are renters.

Income and Rent Overburden in Superior

The median gross income for households in Superior is $115,846 a year, or $9,654 a month. The median rent for the city is $1,478 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Superior, a household making less than $4,927 a month would be considered overburdened when renting an apartment at or above the median rent. 38.04% of households who rent are overburdened in Superior.

Area Median Income In Superior

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 Superior, the AMI is calculated from all households within Boulder County.

In Superior, HUD calculates the Area Median Income for a family of four as $144,100

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 Superior

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 Superior

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30% AMI Income Limits
Renters earning up to 30% of the Superior AMI may qualify for rental assistance programs that target Extremely Low Income households.
$27,900 $31,900 $35,900 $39,850 $43,050 $46,250 $49,450 $52,650
50% AMI Income Limits
Renters earning up to 50% of the Superior AMI may qualify for rental assistance programs that target Very Low Income households.
$46,500 $53,150 $59,800 $66,400 $71,750 $77,050 $82,350 $87,650
80% AMI Income Limits
Renters earning up to 80% of the Superior AMI may qualify for rental assistance programs that target Low Income households.
$66,700 $76,200 $85,750 $95,250 $102,900 $110,500 $118,150 $125,750