Location: Saguache County, CO | Metro: Alamosa County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The ZIP code 81136 stands out due to its unique combination of demographic and economic factors. With only 305 residents, it represents a small community where 34.6% of the population rents their homes. The median income for residents is $47,448, indicating a modest economic base. Notably, the median home value is listed as N/A, which suggests that there may be limited data available or a significant portion of the housing stock is either very new or has not been assessed.
Moving into the specifics of voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. This is notably higher than the current market rent, which according to the Census ACS, averages $637. This discrepancy highlights a potential opportunity for landlords who can leverage the higher FMR rates offered through the Section 8 program to offset the modest market rates. Landlords in ZIP 81136 should prepare to meet the eligibility criteria and manage the administrative requirements associated with accepting Section 8 vouchers, as doing so could provide a more stable rental income compared to market rates.
Based on the available data, ZIP 81136 presents a stable environment for small-portfolio investors and landlords. Despite the small number of residents, the high FMR rate relative to the market rent indicates a reliable source of income through the Section 8 program. The modest median income also suggests a consistent demand for affordable housing options, making the ZIP code an attractive investment for those willing to participate in the voucher system. However, the lack of data on median home values implies some uncertainty about the overall housing market dynamics, which could be a factor to monitor closely for signs of change.
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.