Location: Delta County, CO | Metro: Delta 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 | $870 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $1,950 |
| 5 Bedrooms | $2,262 |
| 6 Bedrooms | $2,533 |
| 7 Bedrooms | $2,736 |
| 8 Bedrooms | $2,873 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,620 | $419,343 | 0.39% | F |
U.S. Census Bureau data (2024)
The ZIP code 81410 is part of a relatively small neighborhood with a population of 1,372 residents. Only 12.3% of these residents are renters, indicating a primarily owner-occupied area. The median household income here is strong at $67,826, which suggests a middle-class community. Median home values are also robust, sitting at $399,987, reflecting the area's stable property market.
From an investment perspective, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,110. This figure contrasts with the current market rent of $988, as reported by the Census Bureau's American Community Survey (ACS). This difference means that properties in ZIP 81410 can potentially be rented out at rates higher than the market average, benefiting from the higher FMR cap set by the government for Section 8 vouchers.
Given the characteristics of ZIP 81410, it appears to be well-suited for both hands-off voucher operators and hands-on value-add buyers. For those preferring a passive approach, the higher FMR compared to the local market rent provides a reliable income stream without the need for constant tenant turnover or market-rate fluctuations. Meanwhile, for active investors looking to improve and add value to their properties, the combination of a strong median income and median home value offers a solid foundation to increase rents over time, beyond the initial FMR threshold.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.