About This Property
Pines At Castle Rock Phase III comprises 134 units in Castle Rock, Colorado, with 67 designated as low-income housing. The community offers a mix of one-, two-, and three-bedroom floor plans, with 48 one-bedroom, 64 two-bedroom, and 22 three-bedroom units available. The property was placed in service in 2000 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Douglas 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 - Douglas 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Castle Rock, CO?+
The Fair Market Rent (FMR) for Douglas County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Pines At Castle Rock Phase Iii is typically 30% of household income or less.
What size apartments are available at Pines At Castle Rock Phase Iii?+
Pines At Castle Rock Phase Iii offers the following unit types: 48 One-Bedroom, 64 Two-Bedroom, 22 Three-Bedroom units, for a total of 134 units.
What is the price range for apartments in Castle Rock, CO?+
Based on Fair Market Rent for Douglas County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Pines At Castle Rock Phase Iii may be lower for income-eligible households.
Who manages Pines At Castle Rock Phase Iii?+
Pines At Castle Rock Phase Iii is managed by . You can reach them at .
How do I apply for housing at Pines At Castle Rock Phase Iii?+
Pines At Castle Rock Phase 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 are the income limits for affordable housing in Douglas County, CO?+
For a 4-person household in Douglas 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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