Location: Crowley County, CO | Metro: Crowley County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,050 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $1,680 |
| 4 Bedrooms | $2,190 |
| 5 Bedrooms | $2,540 |
| 6 Bedrooms | $2,845 |
| 7 Bedrooms | $3,073 |
| 8 Bedrooms | $3,227 |
1290 is the Fair Market Rent (FMR) for the 81034 ZIP code area in Ordway, Colorado, as of the fiscal year 2026. This figure represents the maximum amount that a landlord can charge for a Section 8 voucher. Despite the lack of specific market rent data, the absence of fluctuations in the median home value suggests a stable local real estate market. With no recorded data on the percentage of renters or the median income, it's clear that the focus remains on rental housing rather than homeownership in this area.
0 days is the average Days on Market (DOM) for listings in this ZIP code, indicating a brisk pace of sales and potentially strong demand for rental units as well. However, the lack of data on the percentage of homes that have been subject to price cuts means that there is limited insight into the competitive dynamics of the market.
Based on the provided data, the Section 8 program presents a straightforward opportunity for landlords in ZIP 81034. The fixed FMR of $1,290 ensures predictable income, while the quick sales suggest a healthy demand for housing. For small-portfolio investors, this ZIP code offers a clear path to consistent returns without the volatility associated with fluctuating market rents or median home values.
Verdict: ZIP 81034 is a reliable market for Section 8 investments, offering stable returns with minimal risk.
Data Sources: FMR data from HUD (2027).
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.