Section 8 Fair Market Rent (FMR) for ZIP 80926 - 2027

Location: Fremont County, CO | Metro: Colorado Springs, CO HUD Metro FMR Area

Investment Score for ZIP 80926

N/A

Monthly Rent (2BR)

$1,540

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,070
1 Bedroom	$1,330
2 Bedrooms	$1,540
3 Bedrooms	$2,150
4 Bedrooms	$2,460
5 Bedrooms	$2,854
6 Bedrooms	$3,196
7 Bedrooms	$3,452
8 Bedrooms	$3,625

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$2,150	$644,539	0.33%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,561

Median Household Income

$131,111

Housing Units

741

Renter Percentage

12.7%

Occupancy Rate

89.3%

Renter Occupied

The ZIP code 80926, located in Colorado Springs, Colorado, is a vibrant suburban area that offers a mix of residential and commercial opportunities. Known for its proximity to military installations and the city's amenities, it attracts a diverse population including families, young professionals, and retirees.

The Fair Market Rent (FMR) for ZIP 80926 in fiscal year 2024 is set at $1000, providing a benchmark for rental pricing in the area.
The market rent, based on Census American Community Survey data, stands at $828, indicating a slightly lower average rent compared to the FMR, which suggests potential for modest profit margins if properties are priced correctly.
The median home value in ZIP 80926 is $659,432, reflecting a stable housing market with relatively high property values.
Renters make up 12.7% of the local housing market, showing a preference for homeownership over renting, but still leaving room for significant rental opportunities.
The median income in the area is $131,111, suggesting a robust economic base that supports higher rents and property values.
While the Days on Market (DOM) data is currently unavailable, the combination of high median income and established property values indicates a strong demand for housing, likely leading to quick turnover of rental properties.

Investors looking to enter the ZIP 80926 market should focus on properties that can command rents close to the FMR of $1000, leveraging the high median income of $131,111 to attract tenants willing to pay premium rents. Despite the majority preferring homeownership, the rental market remains viable due to the strong economic indicators. Properties priced above the market rent of $828 but below the FMR can capture a segment of the market looking for quality rentals without breaking their budget. The stable median home value also signals a resilient housing market, beneficial for long-term investments.

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.