Location: Denver-Aurora-Centennial, CO | Metro: Denver-Aurora-Centennial, CO MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,730 |
| 1 Bedroom | $1,810 |
| 2 Bedrooms | $2,140 |
| 3 Bedrooms | $2,810 |
| 4 Bedrooms | $3,140 |
| 5 Bedrooms | $3,642 |
| 6 Bedrooms | $4,079 |
| 7 Bedrooms | $4,405 |
| 8 Bedrooms | $4,625 |
2180 FMR (zip FY 2024): The Fair Market Rent (FMR) for ZIP 80419 is set at $2180 for the fiscal year 2024. This figure is critical for landlords and small-portfolio investors as it dictates the maximum allowable rent for Section 8 vouchers.
N/A market rent (N/A): While specific market rent data is currently unavailable, the FMR provides a benchmark for understanding the rental landscape in Golden, CO.
N/A median home value: Without specific median home value data, investors must rely on broader market trends and recent sales data to gauge property values accurately.
N/A% renter share: The lack of precise renter share data means that landlords must consider other factors such as vacancy rates and rental demand to assess the potential for their investments.
N/A median income: Although the exact median income is not provided, it is important to note that the estimated median household income for 2024 in ZIP 80419 is $98,203, reflecting significant growth from the $49,115 reported in 2000.
N/A-day DOM: Days on Market (DOM) data is essential for evaluating the speed at which properties sell. However, this specific metric is not available for ZIP 80419 at present.
N/A% price-cut share: Similarly, the percentage of listings that have been discounted is not provided, but investors should be aware of this trend when considering the purchase or sale of properties.
Based on the available data, ZIP 80419 presents a stable rental market with growing household incomes, making it a suitable area for Section 8 investment. However, due to the limited availability of certain metrics, investors should conduct thorough research and consult local real estate professionals to ensure informed decision-making. Verdict: ZIP 80419 is a viable option for Section 8 investment.
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.