About This Property
Redstone Ranch III is a 140-unit affordable housing community in Denver serving elderly residents. The property includes 65 low-income units with a mix of 36 one-bedroom, 88 two-bedroom, and 16 three-bedroom apartments. Financed through tax-exempt bonds and 4% LIHTC credits, the community has operated since 2002.
Waitlist Information
Waitlist managed by Housing Authority of the City and County of Denver
Placement on the waiting list is influenced by the date and time of application and annual income. Working family preferences are given to families who are working, receiving disability, and/or are elderly. Applicants are given two offers; if both are refused, the application is cancelled.
The annual online lottery for the Housing Choice Voucher waitlist is anticipated to open for two days in September 2026.
Waitlist data provided by section8waitlist.org
Updated August 22, 2026
Property Details
Fair Market Rent - Denver 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 - Denver 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 Denver, CO?+
The Fair Market Rent (FMR) for Denver County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Redstone Ranch Iii is typically 30% of household income or less.
What size apartments are available at Redstone Ranch Iii?+
Redstone Ranch Iii offers the following unit types: 36 One-Bedroom, 88 Two-Bedroom, 16 Three-Bedroom units, for a total of 140 units.
How do I apply for housing at Redstone Ranch Iii?+
Redstone Ranch Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
What is the price range for apartments in Denver, CO?+
Based on Fair Market Rent for Denver County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Redstone Ranch Iii may be lower for income-eligible households.
Who is eligible to live at Redstone Ranch Iii?+
Redstone Ranch Iii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Redstone Ranch Iii?+
Redstone Ranch Iii is managed by . You can reach them at .
What are the income limits for affordable housing in Denver County, CO?+
For a 4-person household in Denver 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.
Is there a waitlist for Redstone Ranch Iii?+
Public Housing waitlist is currently Open. 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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