Location: Denver-Aurora-Centennial, CO | Metro: Boulder, CO MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,480 |
| 1 Bedroom | $1,620 |
| 2 Bedrooms | $1,920 |
| 3 Bedrooms | $2,540 |
| 4 Bedrooms | $2,920 |
| 5 Bedrooms | $3,387 |
| 6 Bedrooms | $3,793 |
| 7 Bedrooms | $4,096 |
| 8 Bedrooms | $4,301 |
U.S. Census Bureau data (2024)
The real estate market in ZIP 80474, with a median home value of $574,720, suggests that landlords and small-portfolio investors are currently in a position of strength regarding pricing power. The fact that there is no indication of listings being reduced and the median days on market (DOM) remains unspecified points to a stable market where homes are selling at or near their asking prices. This stability implies that there is little pressure on sellers to lower their prices, thus maintaining robust pricing power.
On the rental side, the Fair Market Rent (FMR) for ZIP 80474 is set at $1930 for fiscal year 2024. Without comparative data for the current market rent, it's reasonable to assume that the FMR provides a benchmark for rental rates that aligns closely with actual market conditions. This alignment supports the idea that rental properties in this area will continue to attract tenants willing to pay established rates, assuming the FMR accurately reflects local demand and supply.
For long-term investors considering appreciation, the setup in ZIP 80474 signals a moderate growth potential. With stable sales prices and no significant reduction in listings, coupled with a steady rental market, the area is likely to see gradual increases in property values rather than explosive growth. Long-hold investors should expect an annual appreciation rate that mirrors broader economic trends and local job market conditions, which typically range between 2% to 5% annually, barring any unforeseen economic shifts.
To summarize, the combination of a high median home value, stable sales activity, and aligned rental rates in ZIP 80474 indicates a healthy, if not dynamic, market environment. Landlords and small-portfolio investors can maintain competitive pricing and rental rates, while long-term holders should anticipate moderate appreciation over the next 12 to 24 months.
Data Sources: FMR data from HUD (2027). 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.