Section 8 Fair Market Rent (FMR) for ZIP 80478 - 2027

Location: Grand County, CO | Metro: Grand County, CO

Investment Score for ZIP 80478

N/A

Monthly Rent (2BR)

$1,930

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,430
1 Bedroom	$1,530
2 Bedrooms	$1,930
3 Bedrooms	$2,300
4 Bedrooms	$2,740
5 Bedrooms	$3,178
6 Bedrooms	$3,559
7 Bedrooms	$3,844
8 Bedrooms	$4,036

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$2,300	$938,365	0.25%	F
4BR	$2,740	$1,250,009	0.22%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,396

Median Household Income

$105,801

Housing Units

1,285

Renter Percentage

6.5%

Occupancy Rate

51.4%

Renter Occupied

The ZIP code 80478, located in the suburban areas of Boulder County, Colorado, is characterized by its high median home values and relatively low renter share. This area is known for its proximity to natural landscapes and outdoor recreational opportunities, making it a desirable location for homeowners and families.

Fair Market Rent (FMR) for the metro area in fiscal year 2026: The FMR stands at $1,580, indicating that rental properties within this range will likely attract tenants looking for affordable housing options.
Market Rent: Data is currently unavailable, which suggests that there might be limited rental activity or that the market is less volatile compared to other regions.
Median Home Value: At $1,044,950, this figure reflects a robust housing market where property values are significantly higher than the national average.
Renter Share: Only 6.5% of the population are renters, implying a strong preference for homeownership and potentially lower demand for rental units.
Days on Market (DOM): Information is not available, but given the high median home value, it can be inferred that listings may take longer to sell due to the competitive nature of the market.
Median Income: The median income of $105,801 provides insight into the financial stability of residents, suggesting that they have the means to afford higher-priced homes or rental units.

Investors considering entering the 80478 ZIP code should focus on the strong homeownership trend and the potential for capital appreciation given the high median home values. While the Fair Market Rent offers a benchmark for affordable rentals, the limited data on market rent and days on market indicate a need for careful analysis of local trends. The median income supports the ability of residents to purchase homes, but also implies that rental properties must offer significant value to compete with the strong preference for homeownership.

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.