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 | $1,060 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $1,960 |
| 4 Bedrooms | $2,340 |
| 5 Bedrooms | $2,714 |
| 6 Bedrooms | $3,040 |
| 7 Bedrooms | $3,283 |
| 8 Bedrooms | $3,447 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,410 | $451,207 | 0.31% | F |
| 3BR | $1,960 | $480,672 | 0.41% | F |
| 4BR | $2,340 | $526,801 | 0.44% | F |
U.S. Census Bureau data (2024)
The ZIP code 80644, located in Kersey, Colorado, presents a unique opportunity for real-estate investors, particularly those interested in Section 8 properties. The Fair Market Rent (FMR) for fiscal year 2024 is set at $1450, which is significantly higher than the market rent of $931. This disparity suggests a high-yield potential for landlords willing to participate in the Section 8 program.
The median home value in Kersey is $505,582, which is a substantial investment but can be justified by the higher rental income available through Section 8. The median household income of $97,847 indicates that residents have the financial capacity to meet their obligations under the Section 8 program, contributing to the stability of the rental market.
However, only 25.3% of the population are renters, which is a relatively low percentage. This figure implies that the demand for rental units is limited, potentially affecting the overall stability of the market. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties might be leased, but the income level supports the likelihood of timely tenancy.
In conclusion, Kersey, CO (ZIP 80644) leans towards being a high-yield market due to the favorable FMR compared to the market rent. However, the low percentage of renters and the limited data on DOM suggest that it falls into a category of moderate stability. For landlords and small-portfolio investors, this area offers a balance between attractive returns and manageable risk, given the solid income levels supporting the rental market.
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.