Affordable Housing Hub
Low Income (LIHTC)Opening Soon

Sable Ridge Residences

15255 E 40th Ave, Denver, CO, 80239

Information verified April 18, 2026ยทWe re-check waiting list status daily

Default photo for Sable Ridge Residences
Example Photo
Share

About This Property

Sable Ridge Residences is a 61-unit affordable housing community in Denver's Adams County that has served elderly residents since 2003. The property includes 44 low-income units with a mix of 43 one-bedroom and 18 two-bedroom apartments. The development is financed through HOME funds and tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Housing Authority of the City and County of Denver

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified April 11, 2026
Section 8 (HCV) Waitlist
Opening Soon
Opens September 1, 2026
Closed September 30, 2026

The lottery is expected to open in early fall 2026. Specific dates for the annual online lottery are announced in local papers, on the DHA phone system, and their website.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
61
1 Bedroom
43
2 Bedroom
18

Fair Market Rent - Adams County, CO

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,658
1 Bedroom$1,835
2 Bedroom$2,201
3 Bedroom$2,874
4 Bedroom$3,225

Income Limits - Adams County, CO

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$22,050
Very Low (50%)
$36,700
Low (80%)
$55,950
2 Persons
Extremely Low (30%)
$25,200
Very Low (50%)
$41,950
Low (80%)
$63,950
3 Persons
Extremely Low (30%)
$28,350
Very Low (50%)
$47,200
Low (80%)
$71,950
4 Persons
Extremely Low (30%)
$31,450
Very Low (50%)
$52,400
Low (80%)
$79,900
5 Persons
Extremely Low (30%)
$34,000
Very Low (50%)
$56,600
Low (80%)
$86,300
6 Persons
Extremely Low (30%)
$36,500
Very Low (50%)
$60,800
Low (80%)
$92,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$65,000
Low (80%)
$99,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$69,200
Low (80%)
$105,500

Tax Credit Program Details

Year Placed in Service
2003
LIHTC Credit Type
4%
Low-Income Units
44 / 61
Target Population
Elderly
Funding Programs
HOMETax-Exempt Bond
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Denver, CO?+

The Fair Market Rent (FMR) for Adams County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Sable Ridge Residences is typically 30% of household income or less.

What size apartments are available at Sable Ridge Residences?+

Sable Ridge Residences offers the following unit types: 43 One-Bedroom, 18 Two-Bedroom units, for a total of 61 units.

How do I apply for housing at Sable Ridge Residences?+

Sable Ridge Residences is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Is there a waitlist for Sable Ridge Residences?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

What is the price range for apartments in Denver, CO?+

Based on Fair Market Rent for Adams County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201. Actual rent at Sable Ridge Residences may be lower for income-eligible households.

What are the income limits for affordable housing in Adams County, CO?+

For a 4-person household in Adams County, CO, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,400, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

Who manages Sable Ridge Residences?+

Sable Ridge Residences is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Sable Ridge Residences?+

Sable Ridge Residences primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Begin Application Now

Walk Score

Somewhat Walkable

51
Walk
40
Transit
49
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Adams County, CO

View on Google Maps

More Affordable Housing Near Sable Ridge Residences

Housing Resources in Denver, CO

HUD-Approved Counseling Agencies

COLORADO HOUSING ASSISTANCE CORPORATION

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

DEL NORTE NEIGHBORHOOD DEVELOPMENT CORPORATION (NDC)

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

DENVER HOUSING AUTHORITY

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops