Section 8 Fair Market Rent (FMR) for ZIP 81058 - 2027

Location: Otero County, CO | Metro: Crowley County, CO

Investment Score for ZIP 81058

N/A

Monthly Rent (2BR)

$1,170

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	$880
1 Bedroom	$890
2 Bedrooms	$1,170
3 Bedrooms	$1,400
4 Bedrooms	$1,820
5 Bedrooms	$2,111
6 Bedrooms	$2,364
7 Bedrooms	$2,553
8 Bedrooms	$2,681

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	$1,400	$200,736	0.7%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

871

Median Household Income

$48,636

Housing Units

486

Renter Percentage

19.1%

Occupancy Rate

77.4%

Renter Occupied

Located in the heart of the American Southwest, ZIP code 81058 offers a unique blend of rural charm and accessibility to urban amenities, making it an attractive location for both residents and investors.

The Fair Market Rent (FMR) for ZIP 81058 is set at $1,220 per month for the fiscal year 2026, reflecting the government's benchmark for rental costs in the area.
Market rent, according to the latest Census ACS data, stands at $782 per month, indicating a significant gap between the actual rental prices and the FMR, which presents an opportunity for landlords to potentially increase their rental income.
The median home value in ZIP 81058 is $171,743, suggesting that property values are relatively affordable compared to other parts of the country, allowing for lower entry barriers for small-portfolio investors.
Renters make up 19.1% of the housing market, a figure that underscores the importance of rental properties to the local economy and the ongoing demand for rental units.
While the exact days on market (DOM) for rental listings is not available, the combination of low market rent and high FMR suggests a robust rental market with quick turnover rates.
The median household income in the area is $48,636, providing insight into the economic profile of potential tenants and the ability of residents to afford higher rents.

Synthesizing these points, ZIP 81058 presents a compelling investment opportunity for landlords and small-portfolio investors. The substantial difference between the Fair Market Rent and the current market rent indicates room for price increases without deterring tenants. With an affordable median home value, the barrier to entry remains low, and the presence of a significant renter population ensures steady demand for rental properties. The median income level supports the viability of increased rents, aligning well with the potential for higher returns on investment. Overall, the area offers a stable and growing market for real estate investments, particularly in the rental sector.

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.