About This Property
Monument Ridge Townhomes comprises 166 units in Grand Junction, Colorado, with 165 designated as low-income housing. The community offers a mix of one-, two-, and three-bedroom floor plans to serve families, with 24 one-bedroom, 82 two-bedroom, and 60 three-bedroom units available. The property has been in service since 2003 and is funded through tax-exempt bonds and 4% LIHTC credits.
Waitlist Information
Waitlist managed by Grand Junction Housing Authority
Ratekin Tower Apartments are owned and operated by GJHA, offering one-bedroom units; head of household, co-head, or spouse must be 62+ years of age, and pet policies and income limits apply.
Applicants must meet income requirements, pass a criminal background check, and be over 18. Income guidelines can change without notice. Applicants subject to state sex offender registration are not eligible.
Waitlist data provided by section8waitlist.org
Updated May 2, 2026
Property Details
Fair Market Rent - Mesa 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 | $761 |
| 1 Bedroom | $865 |
| 2 Bedroom | $1,123 |
| 3 Bedroom | $1,583 |
| 4 Bedroom | $1,906 |
Income Limits - Mesa County, CO
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,450
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,400
- Low (80%)
- $47,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,700
- Low (80%)
- $63,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,650
- Low (80%)
- $68,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,600
- Low (80%)
- $72,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,550
- Low (80%)
- $77,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,450 | $25,750 | $41,200 |
| 2 Persons | $17,650 | $29,400 | $47,050 |
| 3 Persons | $21,960 | $33,100 | $52,950 |
| 4 Persons | $26,500 | $36,750 | $58,800 |
| 5 Persons | $31,040 | $39,700 | $63,550 |
| 6 Persons | $35,580 | $42,650 | $68,250 |
| 7 Persons | $40,120 | $45,600 | $72,950 |
| 8 Persons | $44,660 | $48,550 | $77,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Grand Junction, CO?+
The Fair Market Rent (FMR) for Mesa County, CO is: $761 (Studio), $865 (1BR), $1123 (2BR), $1583 (3BR), $1906 (4BR). Actual rent at subsidized properties like Monument Ridge Townhomes is typically 30% of household income or less.
What size apartments are available at Monument Ridge Townhomes?+
Monument Ridge Townhomes offers the following unit types: 24 One-Bedroom, 82 Two-Bedroom, 60 Three-Bedroom units, for a total of 166 units.
What is the price range for apartments in Grand Junction, CO?+
Based on Fair Market Rent for Mesa County, the estimated price range is: 1-bedroom: $865, 2-bedroom: $1123, 3-bedroom: $1583. Actual rent at Monument Ridge Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in Mesa County, CO?+
For a 4-person household in Mesa County, CO, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,750, Low Income (80% AMI): $58,800. These limits are set by HUD and updated annually.
How do I apply for housing at Monument Ridge Townhomes?+
Monument Ridge Townhomes 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 is eligible to live at Monument Ridge Townhomes?+
Monument Ridge Townhomes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Monument Ridge Townhomes?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Monument Ridge Townhomes?+
Monument Ridge Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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