Location: Saguache County, CO | Metro: Saguache 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 | $1,020 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,830 |
| 4 Bedrooms | $2,140 |
| 5 Bedrooms | $2,482 |
| 6 Bedrooms | $2,780 |
| 7 Bedrooms | $3,002 |
| 8 Bedrooms | $3,152 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,830 | $272,622 | 0.67% | D |
U.S. Census Bureau data (2024)
The ZIP code 81143 stands out due to its unique mix of demographics and housing economics. With only 796 residents, it has a rental rate of 20.0%, indicating a predominantly owner-occupied community. The median income here is $30,915, which is relatively low compared to the median home value of $122,609, suggesting that homeownership is somewhat challenging for the average resident.
The voucher economics in ZIP 81143 are particularly interesting. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,240, whereas the current market rent, according to the Census American Community Survey (ACS), is $917. This gap indicates that Section 8 vouchers could potentially increase the rental rates in the area, making properties more attractive to landlords who might otherwise find the rents too low to cover their costs.
Given these factors, the data signature for ZIP 81143 reads as stable. The low population and high median home value suggest a mature market where significant changes are unlikely. However, the presence of Section 8 vouchers can provide a consistent source of rental income, which is beneficial for landlords and small-portfolio investors. It's important to note that while the median income is lower, the FMR is higher than the current market rate, which means that Section 8 tenants can afford homes that are above the typical price range for non-voucher holders. This could help mitigate some of the risks associated with renting to lower-income households.
For landlords and small-portfolio investors, ZIP 81143 presents an opportunity to tap into federal assistance programs that can stabilize cash flows and ensure occupancy in a market where rental demand is not overwhelming. The economics of Section 8 in this ZIP code offer a buffer against potential downturns in the local economy, providing a reliable tenant base that can help maintain property values and rental income levels.
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.