Location: Logan County, CO | Metro: Logan County, CO
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 | $930 |
| 1 Bedroom | $960 |
| 2 Bedrooms | $1,250 |
| 3 Bedrooms | $1,650 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $960 | $133,879 | 0.72% | D |
| 2BR | $1,250 | $184,321 | 0.68% | D |
| 3BR | $1,650 | $260,296 | 0.63% | D |
| 4BR | $1,710 | $315,891 | 0.54% | F |
| 5BR | $1,984 | $392,253 | 0.51% | F |
U.S. Census Bureau data (2024)
The ZIP code 80751, located in Sterling, CO, within Logan County, stands out due to its unique demographic and economic profile. With a population of 16,936 residents, Sterling has a rental rate of 37.0%, which is slightly above the national average. The median income here is $48,682, while the median home value is significantly higher at $245,353. These figures indicate a community that is both affordable for renters and valuable for homeowners.
Moving into the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,090. This figure contrasts with the market rent, measured by ZORI (Zillow Observed Rent Index), which is $1,165. Landlords accepting Section 8 vouchers can expect to receive slightly below market rates, but the difference is minimal, making it a viable option for maintaining occupancy and ensuring steady cash flow.
The data signature for ZIP 80751 reads as stable. The relatively high median home value suggests a strong local economy and a demand for housing that could support a robust rental market. Additionally, the rental rate being close to the national average indicates a balanced housing market where both ownership and renting are popular options. This stability is further reinforced by the small gap between FMR and ZORI, indicating that the rental assistance provided through Section 8 vouchers is closely aligned with market conditions. For landlords and small-portfolio investors, this ZIP code offers a reliable environment with predictable returns, making it an attractive location for investment.
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.