Location: Lake County, CO | Metro: Lake County, CO
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,490 |
| 3 Bedrooms | $1,920 |
| 4 Bedrooms | $2,310 |
| 5 Bedrooms | $2,680 |
| 6 Bedrooms | $3,002 |
| 7 Bedrooms | $3,242 |
| 8 Bedrooms | $3,404 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,150 | $330,580 | 0.35% | F |
| 2BR | $1,490 | $429,840 | 0.35% | F |
| 3BR | $1,920 | $546,861 | 0.35% | F |
| 4BR | $2,310 | $636,987 | 0.36% | F |
| 5BR | $2,680 | $781,421 | 0.34% | F |
U.S. Census Bureau data (2024)
26.2% of Leadville, CO's residents are renters, indicating a significant portion of the population that could benefit from Section 8 housing assistance. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,350, which is slightly below the market rent of $1,397 according to Census ACS data. This suggests that landlords who accept Section 8 vouchers might see a slight reduction in rental income compared to market rates, but still maintain a competitive position. The median home value in Leadville stands at $501,826, reflecting a relatively stable housing market where property values have not been inflated to an extreme degree. With a median income of $95,775, the local economy supports a moderate level of disposable income, though it may not be sufficient for many renters to afford market-rate housing without assistance. The 0.2% price-cut share indicates that very few properties in the area are being discounted, suggesting strong demand and potentially low vacancy rates. However, due to the lack of data on days on market (DOM), it's challenging to gauge how quickly properties are rented out. In conclusion, given the alignment between FMR and market rents, coupled with the stable median home values and moderate income levels, Section 8 can be a viable option for landlords and small-portfolio investors in Leadville, CO.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
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.