Location: Prowers County, CO | Metro: Baca County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The classification of ZIP code 81084 based on yield and stability reveals it to be a unique market segment. On the axis of yield, we compare the Fair Market Rent (FMR) to other relevant metrics. For ZIP 81084, the FMR stands at $1,000 per month for the fiscal year 2026. However, the absence of comparable market rents and home values indicates that the rental market here is not heavily influenced by traditional housing market dynamics, making it somewhat isolated.
Turning to stability, the data points towards a less dynamic rental environment. With 0.0% of the population identified as renters, and missing data on days on market (DOM) and median income, there is limited insight into the volatility of the rental market. The lack of these key indicators suggests a stable but potentially stagnant rental market, where tenant turnover is low and the demand for rental properties is uncertain.
Given the specific figures available, ZIP 81084 does not clearly fit into the high-yield/low-stability category typical of flip-style markets. It also does not align perfectly with a steady-cashflow zone due to the lack of comprehensive data on market rents and home values. Instead, this ZIP code appears to represent a niche market with predictable yields at $1,000 per month but questionable long-term stability due to the unknowns surrounding the rental population and economic conditions.
To summarize, ZIP 81084 offers a moderate yield with a set rental price point but lacks the data necessary to fully assess its stability. Landlords and small-portfolio investors should proceed cautiously, focusing on areas where renter demographics and economic health are more clearly defined.
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.