Location: Washington County, CO | Metro: Washington County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,810 |
| 5 Bedrooms | $2,100 |
| 6 Bedrooms | $2,352 |
| 7 Bedrooms | $2,540 |
| 8 Bedrooms | $2,667 |
U.S. Census Bureau data (2024)
50.5% of residents in ZIP code 80757 are renters, making it a prime location for rental properties. The $1,100 Fair Market Rent (FMR) for the metro area in fiscal year 2026 indicates the maximum amount Section 8 vouchers can cover, providing landlords with a clear guideline on pricing. In contrast, the $525 market rent derived from Census ACS data suggests that current rents are significantly below the FMR, leaving room for price adjustments without deterring tenants. The median income of $53,438 provides insight into the financial stability of potential tenants, aligning well with the rental market dynamics. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut shares, the disparity between the FMR and the market rent points to an underserved market for affordable housing. This gap presents an opportunity for landlords to offer competitive rates while ensuring profitability. Moreover, the absence of median home value data implies a focus on the rental market rather than homeownership, further supporting the viability of rental investments. Given these factors, landlords and small-portfolio investors should consider leveraging the Section 8 program to attract stable tenants at a fair rate. Verdict: Section 8 is a viable option for landlords in ZIP 80757.
Data Sources: FMR data from HUD (2027). 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.