Centennial Tower §202 Senior Montrose, CO
Profile last updated · Data vintage: HUD FY2025
Centennial Tower is a Section 202 PRAC (Senior Housing) community in Montrose, CO with 40 units reporting 98% occupancy. Assisted residents pay about $442/month on average.
40
total units
98%
occupancy
$442
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing) |
|---|---|
| Average household income | $19,743/yr |
| Average personal income | $19,743/yr |
| People per unit | 1 |
| Moved in within last year | 20% |
| Households below 30% AMI | 70% |
| Households below 50% AMI | 98% |
| One-bedroom share | 100% |
How to apply at Centennial Tower
Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
- Call or visit the management office; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$442/mo average here).
Other subsidized housing in Montrose
- San Juan Apartments LIHTCPB Section 8
- Cottonwood Apartments LIHTCPB Section 8
- Residences at Dry Cedar Creek LIHTCPB Section 8
- Anciano Towers PB Section 8
- Woodgate Trails LIHTCPB Section 8
- Sunshine Peak Apts I LIHTCPB Section 8
- Sunshine Peak Apts Ii LIHTCPB Section 8
- Cimarron Village §202 Senior
- Pavillion Gardens LIHTC
- Meadowlark Court §202 Senior
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Pinon Apts LIHTC | Montrose | 1.1 km |
| Pinon Apts LIHTC | Montrose | 1.1 km |
| Montrose Apts LIHTC | Montrose | 2.4 km |
| Montrose Apts LIHTC | Montrose | 2.4 km |
← All subsidized housing in Montrose
Frequently asked questions
What kind of subsidy does Centennial Tower have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Centennial Tower?
Residents report average rents near $442/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Centennial Tower?
Contact the management office in Montrose. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.