About This Property
40 W Residences offers 60 low-income units in Lakewood, Colorado, consisting of 54 one-bedroom and 6 two-bedroom apartments. The property has served families and homeless populations since its placement in service in 2017 and utilizes 9% Low-Income Housing Tax Credits. Prospective residents may contact the property management office for information regarding availability and application procedures.
Waitlist Information
Waitlist managed by Lakewood Housing Authority
This program is a RAD Project Based Voucher (PBV) designated for senior citizens and disabled persons; eligibility is generally based on income and family size. If two invitations are declined, the application is purged from the waitlist.
1,000 applications were selected by lottery; only one application per household was accepted.
Waitlist data provided by section8waitlist.org
Updated August 22, 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 Lakewood, 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 40 W Residences is typically 30% of household income or less.
What size apartments are available at 40 W Residences?+
40 W Residences offers the following unit types: 54 One-Bedroom, 6 Two-Bedroom units, for a total of 60 units.
Who is eligible to live at 40 W Residences?+
40 W Residences primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at 40 W Residences?+
40 W Residences 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.
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.
Who manages 40 W Residences?+
40 W Residences is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for 40 W Residences?+
Public Housing waitlist is currently Open. 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 Lakewood, CO?+
Based on Fair Market Rent for Jefferson County, the estimated price range is: 1-bedroom: $1835, 2-bedroom: $2201. Actual rent at 40 W Residences may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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