Location: Saguache County, CO | Metro: Gunnison 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 | $1,130 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,330 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,060 |
| 5 Bedrooms | $2,390 |
| 6 Bedrooms | $2,677 |
| 7 Bedrooms | $2,891 |
| 8 Bedrooms | $3,036 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,180 | $382,606 | 0.31% | F |
| 2BR | $1,330 | $468,974 | 0.28% | F |
| 3BR | $1,840 | $664,755 | 0.28% | F |
| 4BR | $2,060 | $815,921 | 0.25% | F |
| 5BR | $2,390 | $993,408 | 0.24% | F |
U.S. Census Bureau data (2024)
Gunnison, CO, represented by ZIP code 81230, stands out in Gunnison County due to its unique demographic and economic characteristics. With a population of 10,971 residents, the area has a significant rental market, where 38.5% of the population rents their homes. The median income for the area is $77,942, which is relatively strong compared to national averages, while the median home value sits at $613,868, indicating a robust housing market.
The voucher economics in Gunnison provide an interesting perspective on the local rental market. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,250, slightly above the current market rate of $1,203 as reported by the Census ACS. This suggests that landlords who accept Section 8 vouchers can expect to receive rent close to the market rate, making it a viable option for those looking to secure stable tenants.
Evaluating the data signature of ZIP 81230, Gunnison appears to be a stable community. The balance between homeownership and rental properties, combined with a median income that supports both markets, indicates a steady economic environment. Additionally, the slight premium offered by Section 8 vouchers over the current market rate further reinforces the stability of the rental sector. For landlords and small-portfolio investors, this stability translates into predictable returns and occupancy rates, reducing the risk associated with fluctuating market conditions.
Investors should note the following key figures:
In conclusion, the data signature of ZIP 81230 points towards a stable community with a balanced mix of renters and homeowners. The voucher program offers a slight advantage over the current market rate, making it a favorable option for landlords. This stability provides a solid foundation for investment decisions in the area.
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.