Renters Resources

One of the most important considerations when choosing your next housing option is housing affordability. Housing experts believe that the average household should spend a maximum of 30 percent of its annual gross income (income before taxes) on housing costs. It is a worthwhile investment to take the time to carefully examine each available housing option in order to make the best choice for your household and financial situation. Communities across Colorado have a wide range of affordable housing options for every household and financial situation. It’s just about finding the right fit for you.

What do housing costs include?

For renters, housing costs will include rent, fees, and utility expenses. For homeowners, housing costs will include the mortgage loan principal, interest on that loan, property taxes, and insurance payments. Homeowners Association dues or mortgage insurance is also a potential housing cost for homeowners. Again, whether renting or buying, the summary of these costs should generally not exceed 30 percent of a household’s annual income.

What are the different housing types?

Housing Cost Calculators

Housing 4 Colorado has created a resource to help in the search for attainable housing.

Single Family


Manufactured Housing

A single family house is a dwelling or residence that stands alone. This property option can be either completely detached or semi-attached. To be considered a single family home, semi-attached properties must be separated from their adjacent neighbors by an entire ground-to-roof wall with completely separate facilities and spaces. Occupants may be subject to Homeowners Association (HOA) rules and dues.

A multifamily home is a residential building containing units that are semi-attached without a ground-to-roof wall and/or share common facilities or spaces.

A manufactured home is a pre-constructed building unit made in a factory and transported to the final residential site. Manufactured homes include mobile homes, manufactured homes built to the HUD standards, and factory-built units built to the building code standards adopted by the Division.

Modular Home

Mobile Home

Housing Cooperative

A modular or sectional home is a factory-built structure that is built to a customer’s specifications or inventory standards and is not titled. It may be approved for HUD/FHA long-term financing, complies with conventional residence building codes and is separate from its delivery chassis.

A mobile home is a single family dwelling built on a permanent chassis designed for long-term residential occupancy and containing complete electrical, plumbing, and sanitary facilities and designed to be installed in a permanent or semipermanent manner with or without a permanent foundation, which is capable of being drawn over public highways as a unit, or in sections by special permit.

A housing option in which each resident shares ownership of the entire project with an exclusive right to occupy a specific unit and participate in project operations.



Mixed-Use Development

Typically, a single family house of two or sometimes three stories that is usually connected to a similar house by a common sidewall. Occupants may be subject to Homeowners Association (HOA) rules and dues.

A building or complex of buildings containing a number of individually owned apartments or houses. Occupants may be subject to Homeowners Association (HOA) rules and dues.

A type of urban development that blends residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated and that provides pedestrian connections. Mixed-use development can take the form of a single building, a city block, or entire neighborhoods.