Builders Patch | HousingCount Pitkin County affordable housing data.

Pitkin County

Summary

31.7%
share of renter households
23.0%
share of low-income households
43.8%
share of rent-burdened households

Renter population data

Renters vs homeowners

Households % share
Renter households 2,283
Homeowner households 4,919
Total households 7,202

Low-income renter households

Renter households by income group

Households % share
Extremely low-income ≤30% AMI
Very low-income 31-50% AMI
Low-income 51-80% AMI
All low-income households <80% AMI

Rent-burdened households

Share of income spent on rent

Households % share
Moderately rent-burdened 30.0–34.9%
35.0–39.9% 62
40.0-49.9% 294
Severely rent-burdened ≥50.0%
All rent-burdened households 1,001

Affordable housing shortage

Rent vs median household income

Year Median household income Amount ($) Median rent Amount ($) Increase (%)
2010 52,768 367
2021 57,635 1,506 310.4%

Affordable housing stock

Supply (current stock) Demand (total units needed) Shortage Supply/Demand Ratio
385 261 -22 147.5%

HUD National Low Income Housing Tax Credit (LIHTC) Database

Name Type Year Number of units Income ceiling LIHTC allocation Amount
HIGHBRIDGE OVERLOOK New construction 2014 N/A N/A 154 $1,804,887
IRVINGTON FAMILY APTS New construction 2007 N/A N/A 99 $1,378,252
HILLTOP VILLAGE New construction - Acquisition 2012 N/A N/A 200 $504,385
HUNTINGTON RESERVE NA 2006 N/A N/A 168 $424,046
HOLT + HAMILTON FAMILY APARTMENTS New construction 2016 N/A N/A 61 $1,557,010
INTERVALE GARDENS LLC New construction 2008 N/A N/A 65 $659,087
HOMES OF RENAISSANCE PRESERVE II New construction 2012 N/A N/A 88 $1,510,000
JEFFERSON BOULEVARD & FIFTH AVENUE APTS New construction 2013 N/A N/A 39 $674,261
IMPERIAL GARDENS FAMILY APTS New construction 2009 N/A N/A 76 $1,142,750
HOLLY HEIGHTS I + II APARTMENTS Acquisition and Rehab 2016 N/A N/A 41 $435,816

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