1 Bedroom Affordable Apartments Available @ Ridgway Space to Create
We currently have 1-bedroom / 1-bath apartments available through our affordable housing program at the 80% AMI level, with rent at $1,482/month.
Our lower income-tier units have recently been filled, and we are now leasing remaining availability at this income level.
These homes are designed to provide housing at below-market rents for households that meet income qualifications.
Features:
• Modern kitchen and stainless steel appliances
• In-unit washer and dryer
• Community spaces and shared balconies
• Convenient Ridgway location near local shops and amenities
Qualifications:
All applicants must meet household income limits based on the 80% Area Median Income (AMI) for Ouray County. Occupancy for our 1 bds is limited to 3 household members. Maximum gross annual household income to qualify:
• 1 person: $58,560
• 2 people: $66,880
• 3 people: $75,280
Minimum income requirement:
Household must earn at least 2× the monthly rent, which is approximately $35,088 annually.
Applications are processed in the order they are fully completed and submitted.