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Silt, CO

CitySAFMR
Garfield County
Found 1 ZIP

City Median Investment Score

66Below average

095130300
BRFMR
Eff. Rent
0 BR$1,460$1,460
1 BR$1,630$1,630
2 BR$2,090$2,090
3 BR$2,890$2,890
4 BR$2,910$2,910
5 BR$3,346Not available
6 BR$3,848Not available
7 BR$4,426Not available
8 BR$5,090Not available

Purchase Price Calculator

Maximum purchase price
$248,657

Cost breakdown

+Likely effective rent$2,090
HUD FMRUsed$2,090
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Silt, CO fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Silt, CO is $2,090 a month. That is up 7.2% from $1,950 in FY 2026. Silt is in the Garfield County, CO non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,781. The median county two-bedroom FMR in Colorado is $1,375, so Silt is 52% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Silt, CO
BedroomsFY 2027Change90–110% range
Studio$1,460−1.4%$1,314–$1,606
1BR$1,630+9.4%$1,467–$1,793
2BR$2,090+7.2%$1,881–$2,299
3BR$2,890+6.6%$2,601–$3,179
4BR$2,9100.0%$2,619–$3,201

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Silt, CO
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,460$1,630$2,090$2,890$2,910
FY 2026$1,480$1,490$1,950$2,710$2,910
FY 2025$1,450$1,460$1,920$2,690$2,960
FY 2024area FMR$1,162$1,170$1,537$2,166$2,438
FY 2023area FMR$1,094$1,101$1,357$1,861$2,275

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Silt, CO rents

How much will Section 8 pay for a two-bedroom in Silt, CO?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,781, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,603 to $1,959 a month; under the ZIP-level Small Area FMR of $2,090 it would be $1,881 to $2,299. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Silt, CO in?

Silt, CO is in the Garfield County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,781.

How much did fair market rent change in Silt, CO for FY 2027?

The two-bedroom FMR rose 7.2%, from $1,950 in FY 2026 to $2,090 in FY 2027. Since FY 2025 it has risen 8.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set