Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Sleeping Ute Apts

516 S Madison St, Cortez, CO, 81321

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

Sleeping Ute Apts offers 60 low-income units in Cortez, Colorado, with a mix of 35 two-bedroom, 20 three-bedroom, and 5 four-bedroom apartments serving families. The property, placed in service in 2006, receives 9% Low-Income Housing Tax Credit financing. This multifamily community provides affordable rental housing options in Montezuma County.

Waitlist Information

Waitlist managed by Housing Authority of the County of Montezuma

Public Housing Waitlist
Open
Apply: In-person

Applicants are placed according to wait list and availability. Families pay 30% of their adjusted monthly income towards rent. Must pass criminal background/credit check. Preferences include Displaced Person(s) (by Government Action), Victims of Domestic Violence, Veterans and Veterans’ Families, and Homeless.

Last verified February 17, 2026
Section 8 (HCV) Waitlist
Open
Apply: In-person

We are accepting applications and you will be placed on a waitlist as soon as your application is complete. Participants pay approximately 30% – 40% of their gross monthly income for rent and utilities. Preferences include Displaced Person(s) (by Government Action), Victims of Domestic Violence, Veterans and Veterans’ Families, and Homeless. Voucher Program Only – Residents in public housing that are required to move and there is not a place in public housing to house them.

Last verified April 15, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
60
2 Bedroom
35
3 Bedroom
20
4 Bedroom
5

Fair Market Rent - Montezuma County, CO

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$910
1 Bedroom$966
2 Bedroom$1,269
3 Bedroom$1,534
4 Bedroom$2,043

Income Limits - Montezuma County, CO

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$15,450
Very Low (50%)
$25,750
Low (80%)
$41,200
2 Persons
Extremely Low (30%)
$17,650
Very Low (50%)
$29,400
Low (80%)
$47,050
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$33,100
Low (80%)
$52,950
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$36,750
Low (80%)
$58,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$39,700
Low (80%)
$63,550
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$42,650
Low (80%)
$68,250
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$45,600
Low (80%)
$72,950
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$48,550
Low (80%)
$77,650

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
9%
Low-Income Units
60 / 60
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Cortez, CO?+

The Fair Market Rent (FMR) for Montezuma County, CO is: $910 (Studio), $966 (1BR), $1269 (2BR), $1534 (3BR), $2043 (4BR). Actual rent at subsidized properties like Sleeping Ute Apts is typically 30% of household income or less.

What size apartments are available at Sleeping Ute Apts?+

Sleeping Ute Apts offers the following unit types: 35 Two-Bedroom, 20 Three-Bedroom, 5 Four-Bedroom units, for a total of 60 units.

What are the income limits for affordable housing in Montezuma County, CO?+

For a 4-person household in Montezuma 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.

Who is eligible to live at Sleeping Ute Apts?+

Sleeping Ute Apts 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 Sleeping Ute Apts?+

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 Sleeping Ute Apts?+

Sleeping Ute Apts is managed by . You can reach them at . Visit their website for more information.

What is the price range for apartments in Cortez, CO?+

Based on Fair Market Rent for Montezuma County, the estimated price range is: 2-bedroom: $1269, 3-bedroom: $1534. Actual rent at Sleeping Ute Apts may be lower for income-eligible households.

How do I apply for housing at Sleeping Ute Apts?+

Sleeping Ute 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.

Begin Application Now

Walk Score

Somewhat Walkable

57
Walk
33
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Montezuma County, CO

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