Location: Fort Collins-Loveland, CO | Metro: Fort Collins-Loveland, CO MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,550 |
| 1 Bedroom | $1,590 |
| 2 Bedrooms | $1,760 |
| 3 Bedrooms | $2,380 |
| 4 Bedrooms | $2,580 |
| 5 Bedrooms | $2,993 |
| 6 Bedrooms | $3,352 |
| 7 Bedrooms | $3,620 |
| 8 Bedrooms | $3,801 |
ZIP code 80539, located within the Fort Collins-Loveland, CO MSA, has a Fair Market Rent (FMR) of $1650 for fiscal year 2024. This figure represents the threshold for affordability under the Section 8 housing voucher program.
In comparison to other ZIP codes within the same MSA, the lack of specific data on market rent, home values, and renter share for ZIP 80539 makes direct comparisons challenging. However, the FMR of $1650 can be used as a reference point to gauge its position relative to typical ZIP codes within the Fort Collins-Loveland area.
The absence of data on market rent suggests that either the rental market is less active or that the majority of properties are owner-occupied. Similarly, the lack of information on home values indicates that there might not be enough recent sales data to provide an accurate average. The unspecified percentage of renter share also implies that the exact proportion of renters to homeowners is unknown, which could mean that the population leans heavily towards one type of occupancy over the other.
To determine whether ZIP 80539 is a value pocket, a mid-tier neighborhood, or a premium sub-market within its metro, we would need to compare it against the average FMR, market rents, and home values of other ZIP codes in the Fort Collins-Loveland MSA. Given only the FMR of $1650, we can infer that if typical market rents in the MSA are higher, then 80539 could potentially be a value pocket for both landlords and tenants seeking affordable options.
A high renter share with below-average home values in other ZIP codes often signals a favorable location for Section 8 participants and landlords who cater to this demographic. Since the specific data for ZIP 80539 is incomplete, we cannot definitively conclude its status within the MSA without additional information. However, the lower FMR could indicate a more affordable sub-market, attracting a diverse range of residents including those relying on Section 8 vouchers.
Landlords and small-portfolio investors should consider the broader context of the Fort Collins-Loveland MSA when evaluating ZIP 80539. While the specific figures for market rent and home values are not available, the FMR provides a starting point for understanding the potential demand and pricing dynamics within this ZIP code.
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.