Section 8 Fair Market Rent (FMR) for ZIP 81239 - 2027

Location: Gunnison County, CO | Metro: Gunnison County, CO

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,230
1 Bedroom	$1,280
2 Bedrooms	$1,440
3 Bedrooms	$1,990
4 Bedrooms	$2,240
5 Bedrooms	$2,598
6 Bedrooms	$2,910
7 Bedrooms	$3,143
8 Bedrooms	$3,300

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 81239, located in Montrose, Colorado, is a small community situated along the Gunnison River, known for its scenic beauty and outdoor recreational opportunities. This area primarily caters to residents who are drawn to its natural surroundings and rural lifestyle.

The Fair Market Rent (FMR) for a two-bedroom apartment in the surrounding metro area for fiscal year 2026 is set at $1,330.
The market rent data is currently unavailable for ZIP 81239, indicating a lack of recent rental activity or reporting.
The median home value is also not available, suggesting that there might be limited residential property transactions or listings in the area.
Renter share stands at 0.0%, highlighting the dominance of homeownership over renting in this ZIP code.
The days on market (DOM) data is not available, which could mean that property sales are infrequent or that the data is not well-documented for this region.
Median income data is not available for this ZIP code, making it difficult to assess the financial capabilities of potential buyers or renters.

Given the scarcity of specific data points, it's evident that the real estate market in ZIP 81239 is relatively dormant, with a strong preference for homeownership over renting. The absence of market rent and median home value figures suggests low demand and activity in the rental sector, while the zero percent renter share underscores the community's character as predominantly owner-occupied. Landlords and small-portfolio investors should approach this market cautiously, focusing on long-term investments rather than short-term gains, due to the limited availability of current financial metrics.

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.