Location: Las Animas County, CO | Metro: Las Animas County, CO
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $980 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,320 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,320 | $175,913 | 0.75% | D |
| 3BR | $1,660 | $250,743 | 0.66% | D |
| 4BR | $1,760 | $318,462 | 0.55% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 81082, which includes Trinidad, Colorado, is set at $1,180 per month for the fiscal year 2026. This figure represents the payment standard for Section 8 housing vouchers, meaning that the government will pay up to this amount to cover the rent for eligible tenants. It's important to note that this is not the actual rent you would charge; it's the maximum reimbursement you can receive from the housing authority.
To put this into perspective, the average rent in the area is currently listed at $946 according to the latest Census American Community Survey (ACS) data. This indicates that the FMR is higher than the typical market rate, providing a potential buffer for landlords who might be concerned about covering costs.
The demand for rental properties in this area is significant, with 33.4% of residents being renters. This suggests that there is a substantial pool of potential tenants who could benefit from Section 8 vouchers, ensuring a steady stream of applicants for your property.
When considering acquiring a property in ZIP 81082, the median home value is around $230,181. This price point is crucial for understanding the investment required to enter the market and should be factored into your financial planning alongside the monthly reimbursement rates.
Before committing to a Section 8 rental, verify that your property meets the required safety and habitability standards set by the housing authority. These inspections ensure that the living conditions are suitable for tenants and are a mandatory step in the process.
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.