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The Tower at Speer Apartments

1255 Galapago St, Denver, CO 80204

The Tower at Speer Apartments is an income-based apartment property for seniors at 1255 Galapago St in Denver, CO. All 172 apartments are subsidized, in 1-bedroom sizes. The rent assistance belongs to the apartment, so you apply to the property itself and you do not need a voucher.

Income-based apartments
172
every apartment
Who it serves
Seniors 62+
Average tenant rent
$393/mo
rent and utilities
HUD inspection score
97 / 100
April 2025

How to apply to The Tower at Speer Apartments

  1. Call the property office at (303) 592-7272 and ask whether the waiting list is open.
  2. Ask for an application. The property keeps its own waiting list; the housing authority's voucher list is a different line.
  3. Have ID, Social Security numbers and proof of income ready for everyone in the household. The office verifies income before it offers an apartment.

VoucherMatch does not take applications for this property and cannot tell you whether an apartment is open today. The office can.

About The Tower at Speer Apartments

Address
1255 Galapago St, Denver, CO 80204
Program
Project-based Section 8
Who can live here
The head of household or their spouse generally has to be 62 or older. Some senior properties also admit younger adults with disabilities; the office can tell you whether this one does.
Rent
Residents pay about 30% of their adjusted income toward rent and a HUD contract with the property covers the rest. Households here pay an average of $393 a month on an average income of $16,636 a year.
Subsidized apartments by size
172 1-bedroom
Turnover
About 6% of households had moved in within the past year in HUD's latest resident report, which gives a rough sense of how often apartments open up.
Managed by
Capital Realty Group Inc, (845) 694-5209
HUD inspection
Scored 97 out of 100 on its last HUD physical inspection (April 2025). HUD treats 60 and above as passing.
HUD contract
The current rent assistance contract runs through November 2038. Contracts like this are typically renewed.
First occupied
1982

Income limits in Denver County (FY2026)

Household income usually has to be at or below the very low income limit (50% of the area median). Properties whose HUD contract dates from before October 1981 may admit households up to the low income limit (80%). Either way, at least 40% of the apartments that open each year go to extremely low income households (24 CFR 5.653).

Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$30,250$50,400$74,800
2 people$34,600$57,600$85,450
3 people$38,900$64,800$96,150
4 people$43,200$72,000$106,800
5 people$46,700$77,800$115,350
6 people$50,150$83,550$123,900
7 people$53,600$89,300$132,450
8 people$57,050$95,050$141,000

Source: HUD FY2026 income limits. Income is gross annual income for the whole household; the property verifies it when your name comes up on the waiting list.

If you already have a housing voucher

A Housing Choice Voucher pays part of the rent in a privately owned apartment you find yourself. It cannot be used in an apartment that is already subsidized, so the 172 income-based apartments here are not an option for it. Browse landlords in Denver who accept vouchers or see Section 8 rent limits and housing authorities in Denver County.

Frequently asked questions

How do I apply to The Tower at Speer Apartments?
Apply to the property, not to the housing authority. Call the office at (303) 592-7272 and ask whether the waiting list is open and how to get an application. The Tower at Speer Apartments keeps its own waiting list, separate from the Section 8 voucher list. Expect to show ID, Social Security numbers and proof of income for everyone in the household.
What is the income limit for The Tower at Speer Apartments?
Household income usually has to be at or below the very low income limit (50% of the area median). Properties whose HUD contract dates from before October 1981 may admit households up to the low income limit (80%). Either way, at least 40% of the apartments that open each year go to extremely low income households (24 CFR 5.653). In Denver County the FY2026 very low income limit is $50,400 a year for one person and $72,000 for a household of four.
How much is rent at The Tower at Speer Apartments?
Residents pay about 30% of their adjusted income toward rent and a HUD contract with the property covers the rest. HUD's most recent resident data shows households here paying an average of $393 a month toward rent and utilities. Your own share is calculated from your household's income when you move in and again each year.
Do I need a Section 8 voucher to live at The Tower at Speer Apartments?
No. This is Project-based Section 8: the assistance is attached to the apartment, not to the tenant, so it is there when you move in and stays behind when you move out. A Housing Choice Voucher cannot be combined with an apartment that already has project-based assistance.
Is The Tower at Speer Apartments only for seniors?
HUD lists it as housing for the elderly. The head of household or their spouse generally has to be 62 or older. Some senior properties also admit younger adults with disabilities; the office can tell you whether this one does.

Other low income apartments near The Tower at Speer Apartments

All 78 low income apartment properties in Denver, CO → · Low income senior apartments in Denver →

Property details from HUD’s Multifamily Assistance and Section 8 Contracts data and Picture of Subsidized Households, HUD property 800003135. Checked October 2026.