About This Property
Springtree Village Apts comprises 28 units in Durango, Colorado, with 27 units designated as low-income housing serving elderly residents. The property includes twenty-seven one-bedroom units and one two-bedroom unit, funded through 4% Low-Income Housing Tax Credits. The community has been in service since 2003.
Property Details
Fair Market Rent - La Plata 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 | $1,241 |
| 1 Bedroom | $1,402 |
| 2 Bedroom | $1,716 |
| 3 Bedroom | $2,123 |
| 4 Bedroom | $2,763 |
Income Limits - La Plata County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,700
- Low (80%)
- $49,150
- Extremely Low (30%)
- $21,050
- Very Low (50%)
- $35,100
- Low (80%)
- $56,150
- Extremely Low (30%)
- $23,700
- Very Low (50%)
- $39,500
- Low (80%)
- $63,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,850
- Low (80%)
- $70,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,400
- Low (80%)
- $75,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,900
- Low (80%)
- $81,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,400
- Low (80%)
- $87,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,900
- Low (80%)
- $92,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,700 | $49,150 |
| 2 Persons | $21,050 | $35,100 | $56,150 |
| 3 Persons | $23,700 | $39,500 | $63,150 |
| 4 Persons | $26,500 | $43,850 | $70,150 |
| 5 Persons | $31,040 | $47,400 | $75,800 |
| 6 Persons | $35,580 | $50,900 | $81,400 |
| 7 Persons | $40,120 | $54,400 | $87,000 |
| 8 Persons | $44,660 | $57,900 | $92,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Durango, CO?+
The Fair Market Rent (FMR) for La Plata County, CO is: $1241 (Studio), $1402 (1BR), $1716 (2BR), $2123 (3BR), $2763 (4BR). Actual rent at subsidized properties like Springtree Village Apts is typically 30% of household income or less.
What size apartments are available at Springtree Village Apts?+
Springtree Village Apts offers the following unit types: 27 One-Bedroom, 1 Two-Bedroom units, for a total of 28 units.
Who manages Springtree Village Apts?+
Springtree Village Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Springtree Village Apts?+
Springtree Village Apts primarily serves elderly residents. 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 Durango, CO?+
Based on Fair Market Rent for La Plata County, the estimated price range is: 1-bedroom: $1402, 2-bedroom: $1716. Actual rent at Springtree Village Apts may be lower for income-eligible households.
How do I apply for housing at Springtree Village Apts?+
Springtree Village 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.
What are the income limits for affordable housing in La Plata County, CO?+
For a 4-person household in La Plata County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,850, Low Income (80% AMI): $70,150. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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