Section 8 Fair Market Rent (FMR) for ZIP 80044 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 80044, located in Colorado, is a region characterized by its unique blend of urban and suburban living, offering residents access to both natural landscapes and city amenities. This area is particularly interesting for real estate investors due to its stable economy and the availability of federal housing assistance programs.

• The Fair Market Rent (FMR) for ZIP 80044 in fiscal year 2024 is set at $2,190. This figure represents the maximum amount that a landlord can charge for a two-bedroom rental unit under the Section 8 program, ensuring a steady income stream for property owners participating in the program.
• The median home value in the area is currently not available, indicating that there might be limited data on home sales or a relatively low volume of transactions, which could suggest a quieter market with less speculative activity.
• The percentage of the population that rents their homes is also not available, but this metric is crucial for understanding the demand for rental properties. A higher renter share typically indicates a more vibrant rental market.
• The Days on Market (DOM) statistic is not available, which would normally provide insight into how quickly properties are being sold or rented. This lack of information makes it challenging to assess the speed at which rental units are occupied.
• The median household income for the area is not available, but this data point is important for gauging the financial health of potential tenants and the overall economic stability of the ZIP code.

For investors, the key takeaway is that ZIP 80044 offers a predictable income through the Section 8 program, with a defined Fair Market Rent of $2,190 for two-bedroom units. The absence of data on median home values, renter share, DOM, and median income suggests a need for further research into local market dynamics and tenant profiles to make informed investment decisions. Despite these gaps, the participation in the Section 8 program provides a solid foundation for rental income predictability, making it a viable option for landlords and small-portfolio investors seeking stable returns.

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.