Low Income Apartments and Affordable Housing For Rent in Denver, CO (2024)

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Discover affordable housing in Denver where there are 309+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Tuscan Heights

1800 West 85th Avenue, Denver, Colorado 80260

Del Corazon

4351 Morrison Road, Denver, Colorado 80219

The Gardens of Hope Communities

4919 E Thrill Place , Denver, Colorado 80207

Grand Lowry Lofts

200 Rampart Way Suite 100, Denver, Colorado 80230

Arroyo Village

1299 Knox Court, Denver, Colorado 80204

City Lofts

1742 Champa Street, Denver, Colorado 80202

Hidden Brook Apartments

1313, 1350 and 1370 N. Xenia Street, Denver, Colorado 80220

Renaissance at Civic Center Apartments

25 E 16th Ave, Denver, Colorado 80202

Welton Homes at The Point

2550 Washington St, Denver, Colorado 80205

Olin Hotel Apartments

1420 Logan St, Denver, Colorado 80203

GAO Homes

1409 Julian St, Denver, Colorado 80204

Denver Gardens Apartments

6801 E Mississippi Ave, Denver, Colorado 80224

Lincoln Terrace

25 E 5th Ave, Denver, Colorado 80203

Yale Station

5307 E Yale Ave, Denver, Colorado 80222

Ash Street Apartments

1170 Ash Street, Denver, Colorado 80220

Garden Court Apartments

5151 E Yale Cir, Denver, Colorado 80222

Broadway Plaza Lofts

2330 Broadway, Denver, Colorado 80210

Willow Street Apartments

1521 Willow St, Denver, Colorado 80220

Decatur Place

1155 Decatur St, Denver, Colorado 80204

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The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment InDenver, Colorado



(+189%) more thanColorado minimum wage and


(+475%) more than the Federal minimum wage.

Learn More About Denver, Colorado AffordableHousing ↓

What HUD offices serve Denver, Colorado?

Public Housing Agencies operate federally assisted affordable housing programs atlocal levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within theirjurisdiction.

Denver Housing Authority

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Denver, Colorado.

Go to theColoradoPublic Housing and Low-Income Apartments Waiting Lists page for openings near Denver.

How many renters live in Denver, Colorado?

The City of Denver has 713,252people living in 334,942 households.

There are 314,870 renters living in168,819 renter households in thisCity. Renters make up 44.15percent of the population living in Denver.

What is the rental market like in Denver, Colorado?

There are an estimated 361,212 housing units in theDenver area. Of these, 181,776 units are rentalhomes, making up 50 percent of the housing market. Forevery renter household in Denver, Colorado, there are1 rental units.

What is the vacancy rate for rentals in Denver?

The rental vacancy rate in Denver is 6 percent.This is alower than averagevacancy rate.When rental vacancy rates are low there are fewer available units. Rents tend to be higher as morepeoplecompete for scarce housing.

How many rental units are in Denver for each bedroom size?

Occupied Rental Units by Size in Denver
StudioOne-BedroomTwo-BedroomThree-BedroomFour+ Bedrooms

Occupied Rental Units by Size in Denver

A large number of apartments in Denver have two or fewer bedrooms. Seniors and youngprofessionalsespecially may have more success finding an apartment that meets their needs.

How many renter households in Denver are overburdened by housing costs?

Among renter households in this market, 48percent havehousing cost burden. Further, 22percent of households are extremely rent overburdened. When renters pay too much for their housing, itleaveslittle money for other necessities like food, clothes, or medicine.

The federal government says that renters arecost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Denver

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - rangesfrom $1,658 to $3,225. FMRs areupdated annually by HUD for every city and county nationwide.

Bed Size2024 Fair Market Rents
One BR$1,835
Two BR$2,201
Three BR$2,874
Four BR$3,225

2024 Fair Market Rents in Denver, Colorado

How many units are rented at Fair Market Rent (FMR) in Denver?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s FairMarket Rent. Markets with a large share of units above FMR tend to have longer search times to find aqualified unit, while those with a large share of units below FMR tend to have more choices and shortersearch times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit SizeCount of Units Below FMRPercentage of Total Units Below FMR
Studio9,52950 percent
One BR34,81051 percent
Two BR13,79725 percent

Rental Units Below FMR in Denver, Colorado

How many affordable rental units are in Denver?

There are a variety of federal affordable housing programs serving households inDenver, Colorado including the following:

Federal ProgramUnit Count
Low Income Housing Tax Credit13,561
Public Housing2,967
Section 8 Project-Based Rental Assistance6,068
Mod Rehab Project-Based Rental Assistance175
Section 236 Rental Assistance223
Section 202 Supportive Housing for the Elderly142
Section 811 Supportive Housing for Persons with Disabilities101
Tracked Units by Federal Program in Denver, Colorado

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Denver, Colorado

Denver features 10,854 income based apartments.Tenants of income based apartments typically pay no more than 30% of their income towards rent andutilities.

Low Rent Apartments in Denver, Colorado

There are 11,698 rent subsidized apartments that do notprovide direct rental assistance but remain affordable to low income households in Denver.

Housing Choice Vouchers in Denver, Colorado

On average, Section 8 Housing Choice vouchers pay Denver landlords$900 per month towards rent. The average voucher holdercontributes $400 towards rent inDenver.

The maximum amount a voucher would pay on behalf of a low-income tenant in Denver, Colorado fora two-bedroom apartment is between $1,981 and $2,421.

Sourced from federal housing data and AffordableHousingOnline.comresearch.

Affordable Housing Tip

Report unemployment income to your housing agency.

All employment income is required to be reported for federal housing assistance - including unemployment income.

What Renters Say About Us

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Low Income Apartments and Affordable Housing For Rent in Denver, CO (2024)
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