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PAYNE CHAPEL HOUSING

1001 S Institute St

Colorado Springs , CO 80903

☑ Section 8 accepted | Add to favorites | Making a rental inquiry

Total apartment units: 72

Assisted housing category: Insured-Subsidized

Owner organization name: RASA II Economic Development Coporation

Management agent organization name: Hudson Real Estate, Inc.

Management agent main phone number: (303) 442-6380

Management agent email address: jlang@hudsoncos.com

Hud Administered ind: N

Contract doc type: HAP

Program type: LMSA

Rent to FMR ratio: 67.47011466

Rent to FMR description: Below 80% FMR

Total efficiency units: 16

Total 1bedroom units: 16

Total 2bedroom units: 20

Total 3bedroom units: 20

Efficiency: $743.00 per month

1bedroom: $897.00 per month

2bedrooms: $1,141.00 per month

3bedrooms: $1,646.00 per month

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Inquiry & Reviews (1)

Edit Rental Inquiry Hi I�m looking for a place for my husband and I plus small dog to live. My husband has drug felonies and I currently owe to prior apartments. They screwed me over big time but i couldn�t afford to fight them in court but now I�m wishing I did because it basically shows as an eviction. It has been almost impossible finding a place and when we do it�s renting a room or basement. We�ve been taking advantage of and really just want our own small place. We�re homebodies, we don�t party and we�re clean people. My record is clean and my credit is fair though the past few months it has gone down by 10 points. Times are hard. Can you help us?

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Posted on Jan 14, 2022

MORE AFFORABLE APARTMENTS COLORADO SPRINGS , CO 80903

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2024 Fair Market Rents in COLORADO SPRINGS, CO 80903 with Section 8 Assistance

In 2024, Fair Market Rents (FMRs) in COLORADO SPRINGS, CO 80903 offer diverse housing options, including those relevant to Section 8 assistance:

Efficiency: $927 (low) to $1,133 (high) per month
One-Bedrooms: $1,098 (low) to $1,342 (high) per month
Two-Bedrooms: $1,350 (low) to $1,650 (high) per month
Three-Bedrooms: $1,899 (low) to $2,321 (high) per month
Four-Bedrooms: $2,241 (low) to $2,739 (high) per month

These FMRs offer choices for various budgets and Section 8 housing requirements in the COLORADO SPRINGS, CO 80903 providing valuable resources for both tenants and landlords.

The prices mentioned include utilities; however, if the property owner doesn't cover utilities, the rent may be lower. Additionally, keep in mind that each housing authority sets its own price limits, so it's advisable to reach out to the housing authority to inquire about the allowable rental rates.

To apply for Section 8 housing, you can check your income against the Colorado Springs, CO HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

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