About This Property
Green Valley Apts comprises 121 units in Colorado Springs, with 120 designated as low-income housing. The property offers a mix of one-, two-, and three-bedroom floor plans across 48, 49, and 24 units respectively, and has been in service since 1995. The community utilizes 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing Authority of the City of Colorado Springs
All applicants must live and/or work in El Paso County, Colorado, when the application is submitted. The Colorado Springs Housing Authority owns and manages 706 single-family and multi-family homes across the El Paso County region.
The Housing Choice Voucher (HCV) Program will not be opening the voucher lottery in July this year due to current funding limitations. The current directive from HUD to pause the issuance of new Housing Choice Vouchers is still in effect. Applicants on any wait lists can call (719) 387-6700 and dial 1 to hear their ranking. Applicants who applied through WaitListCheck (WLC) can check their ranking on those wait lists through their WLC account. If the Status reads “Submitted”, you were not placed on that specific wait list. If the Status reads “Active”, you should see a Position field with your current ranking.
Waitlist data provided by section8waitlist.org
Updated June 11, 2026
Property Details
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 |
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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 Green Valley Apts is typically 30% of household income or less.
What size apartments are available at Green Valley Apts?+
Green Valley Apts offers the following unit types: 48 One-Bedroom, 49 Two-Bedroom, 24 Three-Bedroom units, for a total of 121 units.
Is there a waitlist for Green Valley 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.
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 Green Valley Apts may be lower for income-eligible households.
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.
Who manages Green Valley Apts?+
Green Valley Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Green Valley Apts?+
Green Valley 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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