About This Property
Fountain Springs Apts comprises 228 low-income units serving families in Colorado Springs. The property offers a mix of 24 one-bedroom, 116 two-bedroom, and 88 three-bedroom apartments and has been in service since 2003. Financing includes tax-exempt bonds and FHA funding with 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Colorado Springs
Applicants on any of our wait lists can call (719) 387-6700 and dial 1 to hear their ranking at any time. Rankings for Public Housing 1-bedroom elderly and/or disabled or Public Housing 2-bedroom waiting lists have been updated on WaitListCheck accounts. Automated phone system rankings may take until April 16, 2026, to update.
The current directive from HUD to pause the issuance of new Housing Choice Vouchers is still in effect. The annual HCV/Section 8 Lottery Wait List usually opens every July.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - El Paso 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 | $1,190 |
| 1 Bedroom | $1,408 |
| 2 Bedroom | $1,734 |
| 3 Bedroom | $2,444 |
| 4 Bedroom | $2,875 |
Income Limits - El Paso County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,300
- Very Low (50%)
- $28,850
- Low (80%)
- $46,150
- Extremely Low (30%)
- $19,800
- Very Low (50%)
- $33,000
- Low (80%)
- $52,750
- Extremely Low (30%)
- $22,250
- Very Low (50%)
- $37,100
- Low (80%)
- $59,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,500
- Low (80%)
- $71,200
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,800
- Low (80%)
- $76,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,100
- Low (80%)
- $81,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,400
- Low (80%)
- $87,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,300 | $28,850 | $46,150 |
| 2 Persons | $19,800 | $33,000 | $52,750 |
| 3 Persons | $22,250 | $37,100 | $59,350 |
| 4 Persons | $26,500 | $41,200 | $65,900 |
| 5 Persons | $31,040 | $44,500 | $71,200 |
| 6 Persons | $35,580 | $47,800 | $76,450 |
| 7 Persons | $40,120 | $51,100 | $81,750 |
| 8 Persons | $44,660 | $54,400 | $87,000 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Colorado Springs, CO?+
The Fair Market Rent (FMR) for El Paso County, CO is: $1190 (Studio), $1408 (1BR), $1734 (2BR), $2444 (3BR), $2875 (4BR). Actual rent at subsidized properties like Fountain Springs Apts is typically 30% of household income or less.
What size apartments are available at Fountain Springs Apts?+
Fountain Springs Apts offers the following unit types: 24 One-Bedroom, 116 Two-Bedroom, 88 Three-Bedroom units, for a total of 228 units.
What is the price range for apartments in Colorado Springs, CO?+
Based on Fair Market Rent for El Paso County, the estimated price range is: 1-bedroom: $1408, 2-bedroom: $1734, 3-bedroom: $2444. Actual rent at Fountain Springs Apts may be lower for income-eligible households.
How do I apply for housing at Fountain Springs Apts?+
Fountain Springs Apts 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 Fountain Springs Apts?+
Fountain Springs Apts is managed by . You can reach them at . Visit their website for more information.
What is the HUD inspection score for Fountain Springs Apts?+
Fountain Springs Apts has a HUD inspection score of 91 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What are the income limits for affordable housing in El Paso County, CO?+
For a 4-person household in El Paso County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,200, Low Income (80% AMI): $65,900. These limits are set by HUD and updated annually.
Is there a waitlist for Fountain Springs Apts?+
Public Housing waitlist is currently Closed. 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.
Who is eligible to live at Fountain Springs Apts?+
Fountain Springs Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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