Just the Facts Colorado Stats

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All across Colorado, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI). Many of these households are severely cost burdened, spending more than half of their income on housing. Severely cost burdened poor households are more likely than other renters to sacrifice other necessities like healthy food and healthcare to pay the rent, and to experience unstable housing situations like evictions.

Renter households that are extremely low income

Shortage of rental homes affordable and available for extremely low income renters

Maximum income for 4-person extremely low income household (state level)

Annual household income needed to afford a two-bedroom rental home at HUD’s Fair Market Rent.

Percent of extremely low income renter households with severe cost burden

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