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 | $1,300 |
| 1 Bedroom | $1,370 |
| 2 Bedrooms | $1,730 |
| 3 Bedrooms | $2,400 |
| 4 Bedrooms | $2,890 |
| 5 Bedrooms | $3,352 |
| 6 Bedrooms | $3,754 |
| 7 Bedrooms | $4,054 |
| 8 Bedrooms | $4,257 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,730 | $432,520 | 0.4% | F |
| 3BR | $2,400 | $497,422 | 0.48% | F |
| 4BR | $2,890 | $602,530 | 0.48% | F |
| 5BR | $3,352 | $797,048 | 0.42% | F |
U.S. Census Bureau data (2024)
In Platteville, Colorado, the real estate market for ZIP 80651 presents a nuanced landscape that both landlords and small-portfolio investors should consider carefully. The median home value stands at $539,736, indicating a relatively stable housing market. A key metric is the fact that only 0.2% of listings have been reduced, which suggests that sellers maintain strong pricing power. This is further reinforced by the non-available data for median days on market (DOM), implying swift sales and possibly underscoring a seller's market.
The rental market also provides insights into the investment potential. The Fair Market Rent (FMR) for ZIP 80651 in fiscal year 2024 is set at $1,410, while the actual market rate according to Census ACS data is $1,655. This gap signals that there is room for rental income to remain competitive without significant downward pressure, suggesting that landlords can sustain current rents or even slightly increase them without risking vacancy rates.
For long-term investors, the setup in ZIP 80651 implies a realistic appreciation thesis. With a stable median home value and minimal price reductions among listings, the area is likely to see gradual growth rather than sharp fluctuations. Long-hold investors can expect steady, modest increases in property values, driven by local economic stability and demand dynamics. However, it's important to note that rapid appreciation is unlikely given the current metrics, making this an ideal location for those seeking consistent returns over time rather than speculative gains.
To summarize, the combination of a high median home value, minimal listing reductions, and a favorable rental market indicates that Platteville, CO, offers a solid foundation for investments with a focus on steady growth and sustainable rental income. Landlords and investors can leverage this information to make informed decisions about their portfolios in this area.
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.