Builders Patch | HousingCount Montrose County affordable housing data.

Montrose County

Summary

24.8%
share of renter households
46.4%
share of low-income households
40.8%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 4,179
Homeowner households 12,661
Total households 16,840

Low-income renter households

Households % share
Extremely low-income ≤30% AMI 801
Very low-income 31-50% AMI 447
Low-income 51-80% AMI 689
All low-income households <80% AMI 1,937

Rent-burdened households

Households % share
Moderately rent-burdened 748
30.0–34.9% 210
35.0–39.9% 165
40.0-49.9% 373
Severely rent-burdened 959
≥50.0% 959
All rent-burdened households 1,707

Affordable housing shortage

Rent vs median household income

Year Median household income ($) Median rent ($)
2010 30,192 526
2021 37,026 813
Increase (2010–2021) 22.6% 54.6%

Affordable housing stock

Units Values
Supply (current stock) 831
Demand (total units needed) 1,173
Shortage 602
Total shortage 602
Supply/demand ratio 70.8%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Zipcode Market Rate Low-income Amount
HIGHBRIDGE OVERLOOK New construction N/A 10452 N/A 60% AMI $1,804,887
IRVINGTON FAMILY APTS New construction N/A 94538 N/A 60% AMI $1,378,252
HILLTOP VILLAGE New construction - Acquisition and Rehab N/A 32208 N/A 60% AMI $504,385
HUNTINGTON RESERVE NA N/A 32773 N/A 60% AMI $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction N/A 91768 N/A 60% AMI $1,557,010
INTERVALE GARDENS LLC New construction N/A 10459 N/A 60% AMI $659,087
HOMES OF RENAISSANCE PRESERVE II New construction N/A 33905 N/A 60% AMI $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction N/A 90018 N/A 60% AMI $674,261
... (Additional properties snapshot) ... ... ... ... ...

Please refer to the database entry for all other properties.