About This Property
Park Terrace Apartments offers 96 units in Arvada, Colorado, with 95 designated as low-income housing. The community includes a mix of one-, two-, and three-bedroom floor plans designed to serve families, with 25 one-bedroom, 50 two-bedroom, and 21 three-bedroom units available. The property was placed in service in 2018 and utilizes 4% Low-Income Housing Tax Credits to support affordability.
Waitlist Information
Waitlist managed by Arvada Housing Authority
The Public Housing Waiting List for Arvada Housing Authority is currently closed.
The Arvada Housing Authority is not currently accepting applications for its Housing Choice Voucher Program. Past openings have included preferences for local live/work and priority for elderly or disabled persons, with applicants selected via random lottery.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Jefferson 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 - Jefferson 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Arvada, CO?+
The Fair Market Rent (FMR) for Jefferson County, CO is: $1658 (Studio), $1835 (1BR), $2201 (2BR), $2874 (3BR), $3225 (4BR). Actual rent at subsidized properties like Park Terrace Apartments is typically 30% of household income or less.
What size apartments are available at Park Terrace Apartments?+
Park Terrace Apartments offers the following unit types: 25 One-Bedroom, 50 Two-Bedroom, 21 Three-Bedroom units, for a total of 96 units.
What are the income limits for affordable housing in Jefferson County, CO?+
For a 4-person household in Jefferson 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.
How do I apply for housing at Park Terrace Apartments?+
Park Terrace Apartments 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 Park Terrace Apartments?+
Park Terrace Apartments is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Park Terrace Apartments?+
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 Park Terrace Apartments?+
Park Terrace Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Arvada, CO?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201, 3-bedroom: $2874. Actual rent at Park Terrace Apartments may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Park Terrace Apartments
Park Terrace Apts Ahpc
Arvada, CO
96 UnitsEl Prado Apts
Arvada, CO
96 UnitsArvada House Preservation
Arvada, CO
88 UnitsWheat Ridge Town Center Apts
Wheat Ridge, CO
88 UnitsColumbine Village on Allison Phase Ii
Arvada, CO
44 UnitsAllison Pointe
Arvada, CO
88 Units