Jefferson County/Arvada/80005

80005

ZIPSAFMR

Jefferson County, CO

View on ZillowZillow

ZIP Investment Score

59Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,020	$1,610	2.8%
1 BR	$2,110	$1,860	0.8%
2 BR	$2,500	$2,280	0.4%
3 BR	$3,280	$2,450	0.5%
4 BR	$3,670	$3,180	0.5%
5 BR	$4,221	Not available	0.5%
6 BR	$4,854	Not available	0.5%
7 BR	$5,582	Not available	0.5%
8 BR	$6,419	Not available	0.5%

Purchase Price Calculator

Maximum purchase price

$276,891

Cost breakdown

+Likely effective rent$2,280

HUD FMR$2,500

Market rentUsed$2,280

Est. payment standard (94%)$2,360

-Principal and interest-$1,400

Loan amount$221,512

Down payment$55,378

Rate6.50%

Term30 years

-Operating costs-$680

Property taxes-$277

Insurance-$175

Utilities$0

HOA$0

Management-$228

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$36,427(65.8% ROI)

Projected value

$298,181

Return breakdown

Property appreciation+$21,290

Loan principal paid down+$7,936

Rental cash flow+$7,200

5-year hold

+$62,538(112.9% ROI)

Projected value

$313,276

Return breakdown

Property appreciation+$36,386

Loan principal paid down+$14,152

Rental cash flow+$12,000

10-year hold

+$135,276(244.3% ROI)

Projected value

$354,443

Return breakdown

Property appreciation+$77,553

Loan principal paid down+$33,723

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.25ratio

FMR$2,020

Market$1,610

vs market+$410

FMR is above market; underwrite to market rent.

1.25

1 BR

1.13ratio

FMR$2,110

Market$1,860

vs market+$250

FMR is above market; underwrite to market rent.

1.13

2 BR

1.10ratio

FMR$2,500

Market$2,280

vs market+$220

FMR is near market; voucher and private rents are aligned.

1.10

3 BR

1.34ratio

FMR$3,280

Market$2,450

vs market+$830

FMR is above market; underwrite to market rent.

1.34

4 BR

1.15ratio

FMR$3,670

Market$3,180

vs market+$490

FMR is above market; underwrite to market rent.

1.15

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 80005 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80005 (Arvada, CO) is $2,500 a month. That is up 5.0% from $2,380 in FY 2026. Arvada is in the Denver-Aurora-Centennial, CO MSA. 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 metro-wide two-bedroom FMR of $2,169. Among 36 ZIP codes in Jefferson County, 80005 has the 6th-highest two-bedroom rent (county range $1,890–$3,210). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80005 is 82% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80005
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,870	$2,020	+8.0%	$1,818–$2,222
1BR	$2,000	$2,110	+5.5%	$1,899–$2,321
2BR	$2,380	$2,500	+5.0%	$2,250–$2,750
3BR	$3,110	$3,280	+5.5%	$2,952–$3,608
4BR	$3,470	$3,670	+5.8%	$3,303–$4,037

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80005
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,020	$2,110	$2,500	$3,280	$3,670
FY 2026	$1,870	$2,000	$2,380	$3,110	$3,470
FY 2025	$1,870	$2,040	$2,440	$3,190	$3,570
FY 2024	$1,860	$2,060	$2,470	$3,230	$3,620
FY 2023	$1,560	$1,720	$2,080	$2,740	$3,080

Two-bedroom rent in nearby Jefferson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 80005
80001	$2,140	−14.4%
80002	$1,990	−20.4%
80003	$2,050	−18.0%
80004	$2,030	−18.8%
80005Current	$2,500	—
80006	$2,140	−14.4%
80007	$3,210	+28.4%
80021	$2,560	+2.4%
80022	$1,890	−24.4%
80023	$2,470	−1.2%
80027	$2,360	−5.6%
80031	$2,230	−10.8%

Questions about ZIP 80005 rents

How much will Section 8 pay for a two-bedroom in ZIP 80005?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,169, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,952 to $2,386 a month; under the ZIP-level Small Area FMR of $2,500 it would be $2,250 to $2,750. 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 ZIP 80005 in?

ZIP 80005 is in the Denver-Aurora-Centennial, CO MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,169.

How much did fair market rent change in ZIP 80005 for FY 2027?

The two-bedroom FMR rose 5.0%, from $2,380 in FY 2026 to $2,500 in FY 2027. Since FY 2023 it has risen 20.2%.

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

County fair market rent Arvada, CO fair market rent CO statewide rents What is SAFMR?Data sources