Location: Yuma County, CO | Metro: Washington County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,580 |
| 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)
The ZIP code 80759, with a population of 4,931, has a significant rental market presence, with 31.1% of residents being renters. This indicates that while it is not overwhelmingly dominated by renters, there is still a notable segment of the population that relies on rental housing. Given the median household income of $52,255, the market rent of $982 represents approximately 19% of the monthly income for a typical household. This percentage is calculated based on the assumption that a household spends 1/12th of its annual income per month.
In comparison to the Fair Market Rent (FMR) of $1,080 for the metro area, which is set for FY 2026, the current market rent in 80759 is lower, indicating that landlords in this area may find themselves in a position to attract tenants who are looking for more affordable options within their voucher limits.
The expected tenant profile in this ZIP code will likely include individuals and families who rely on Section 8 vouchers to manage their housing costs. These tenants will be particularly sensitive to the cost of living and will seek out units that offer good value for their voucher amount. Landlords can anticipate that their properties will appeal to those who need assistance in finding affordable housing, given the relatively high proportion of renters and the alignment of market rents with the FMR.
To summarize, 80759 is a ZIP code with a substantial rental market, driven by a mix of economic conditions and housing preferences. The typical rent consumes nearly 19% of the median household's monthly income, making it a viable option for those utilizing Section 8 vouchers. Landlords should prepare for a tenant pool that is financially constrained but seeking stable housing solutions within the voucher framework.
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.