Location: Greeley, CO | Metro: Greeley, CO MSA
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 | $1,380 |
| 1 Bedroom | $1,450 |
| 2 Bedrooms | $1,830 |
| 3 Bedrooms | $2,530 |
| 4 Bedrooms | $3,060 |
| 5 Bedrooms | $3,550 |
| 6 Bedrooms | $3,976 |
| 7 Bedrooms | $4,294 |
| 8 Bedrooms | $4,509 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,530 | $452,792 | 0.56% | F |
| 4BR | $3,060 | $503,368 | 0.61% | D |
U.S. Census Bureau data (2024)
The analysis of ZIP 80520, located within the Greeley, CO MSA, provides insights into its viability for real estate investment, particularly for Section 8 landlords and small-portfolio investors.
Does the rent math work? The Fair Market Rent (FMR) for ZIP 80520 in fiscal year 2024 is set at $1970. However, the market rent is currently unavailable, making it impossible to directly compare the two figures. This absence of market rent data means that potential investors must rely on the FMR as a guideline for rental income.
Is acquisition affordable? The median home value in ZIP 80520 stands at $469,173. With no specific data available regarding the days on market (DOM) or the percentage of homes that have been subject to price reductions, the affordability of acquiring properties in this area remains somewhat unclear. Nonetheless, the median home value suggests that property acquisition is feasible for investors with moderate capital.
Is there tenant demand? The total population of ZIP 80520 is 1,140, with a renter share of 11.5%. While the number of potential tenants is limited due to the small population size, the demand for rentals appears stable based on the available renter share percentage.
Verdict: Investing in ZIP 80520 is viable for Section 8 landlords and small-portfolio investors, given the established Fair Market Rent at $1970 and the median home value of $469,173. Despite the lack of specific market rent data, the affordability of property acquisition is reasonable for those with moderate capital. The limited but stable tenant demand, represented by the 11.5% renter share, indicates a steady flow of potential residents. Therefore, while the market may not be expansive, it offers a solid foundation for targeted real estate investments.
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.