About This Property
Terrace Park Apts offers 54 low-income units in Arvada, Colorado, with a mix of 36 one-bedroom and 18 two-bedroom apartments. The property has been in service since 1994 and is funded through 9% Low-Income Housing Tax Credits. For inquiries about availability and leasing information, prospective residents should contact the property management office.
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 |
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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 Terrace Park Apts is typically 30% of household income or less.
What size apartments are available at Terrace Park Apts?+
Terrace Park Apts offers the following unit types: 36 One-Bedroom, 18 Two-Bedroom units, for a total of 54 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.
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. Actual rent at Terrace Park Apts may be lower for income-eligible households.
Who manages Terrace Park Apts?+
Terrace Park Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Terrace Park Apts?+
Terrace Park 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.
Is there a waitlist for Terrace Park 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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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