About This Property
Residences At First Avenue is a 181-unit affordable housing community in Aurora serving low-income families. The property offers a mix of one- to four-bedroom units, with 68 one-bedroom, 99 two-bedroom, 11 three-bedroom, and 3 four-bedroom apartments. The community has been in service since 2007 and is funded through tax-exempt bonds and 4% LIHTC credits.
Waitlist Information
Waitlist managed by Aurora Housing Authority
Senior Housing Waitlist still Open. Pre-application lottery opportunity for Fletcher Gardens, a senior (62 years old or older only) community that is rent subsidized based on income. It started 10:00 am on Friday, May 23, 2025 and will remain open until we reach 200 applications. As of 3/25/2026, there have been 100 applications.
The Aurora Housing Authority does not provide emergency housing that is not referred through the local Continuum of Care or Victim Service Provider. At this time, all EHVs in the metro area have been allocated.
Waitlist data provided by section8waitlist.org
Updated May 29, 2026
Property Details
Fair Market Rent - Arapahoe County, CO
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,658 |
| 1 Bedroom | $1,835 |
| 2 Bedroom | $2,201 |
| 3 Bedroom | $2,874 |
| 4 Bedroom | $3,225 |
Income Limits - Arapahoe County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $41,950
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,200
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,400
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,600
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,800
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,000
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,200
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,700 | $55,950 |
| 2 Persons | $25,200 | $41,950 | $63,950 |
| 3 Persons | $28,350 | $47,200 | $71,950 |
| 4 Persons | $31,450 | $52,400 | $79,900 |
| 5 Persons | $34,000 | $56,600 | $86,300 |
| 6 Persons | $36,500 | $60,800 | $92,700 |
| 7 Persons | $40,120 | $65,000 | $99,100 |
| 8 Persons | $44,660 | $69,200 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Aurora, CO?+
The Fair Market Rent (FMR) for Arapahoe County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Residences At First Avenue is typically 30% of household income or less.
What size apartments are available at Residences At First Avenue?+
Residences At First Avenue offers the following unit types: 68 One-Bedroom, 99 Two-Bedroom, 11 Three-Bedroom, 3 Four-Bedroom units, for a total of 181 units.
What are the income limits for affordable housing in Arapahoe County, CO?+
For a 4-person household in Arapahoe 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.
What is the price range for apartments in Aurora, CO?+
Based on Fair Market Rent for Arapahoe County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Residences At First Avenue may be lower for income-eligible households.
Who is eligible to live at Residences At First Avenue?+
Residences At First Avenue primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Residences At First Avenue?+
Residences At First Avenue 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.
Who manages Residences At First Avenue?+
Residences At First Avenue is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Residences At First Avenue?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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