Section 8 Fair Market Rent (FMR) for ZIP 80547 - 2027

Location: Fort Collins-Loveland, CO | Metro: Fort Collins-Loveland, CO MSA

Investment Score for ZIP 80547

N/A
Monthly Rent (2BR)
$2,070
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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$1,830
1 Bedroom$1,870
2 Bedrooms$2,070
3 Bedrooms$2,800
4 Bedrooms$3,030
5 Bedrooms$3,515
6 Bedrooms$3,937
7 Bedrooms$4,252
8 Bedrooms$4,465

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $2,800 $585,213 0.48% F
4BR $3,030 $719,017 0.42% F
5BR $3,515 $847,192 0.41% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
8,821
Median Household Income
$180,492
Housing Units
3,098
Renter Percentage
17.0%
Occupancy Rate
95.6%
Renter Occupied
504

ZIP code 80547, located within the Fort Collins-Loveland, CO MSA, presents a unique profile compared to typical ZIP codes in this metropolitan area. The Fair Market Rent (FMR) for ZIP 80547 is set at $1460 for fiscal year 2024. This figure is notably lower than the market rent, which stands at $2,851. Such a discrepancy indicates that properties in this ZIP code can potentially attract tenants who qualify for Section 8 assistance, making it an attractive option for landlords looking to serve this demographic.

The median home value in ZIP 80547 is $675,587, which is higher than many other ZIP codes within the Fort Collins-Loveland MSA. However, the significant gap between the FMR and market rent suggests that there might be a segment of the housing market in this area that is underserved by the Section 8 program, creating opportunities for those willing to work within the program's guidelines.

A key indicator for potential investment opportunities is the renter share, which is 17.0% in ZIP 80547. While this percentage is not exceptionally high, it does suggest a reasonable demand for rental properties. When combined with the relatively low FMR and high median home value, it implies that this ZIP code could offer a balance between accessibility for Section 8 tenants and profitability for landlords.

In summary, ZIP 80547 appears to be a mid-tier neighborhood within the Fort Collins-Loveland MSA. It offers higher home values than average but has a lower FMR relative to market rents, indicating a potential niche for landlords who can provide affordable housing options that align with Section 8 guidelines. This makes it neither a value pocket nor a premium sub-market but rather a middle-ground opportunity where careful consideration of property pricing and location can yield favorable outcomes.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.