Skip to main content
Loading page
Douglas County/Castle Rock/80108

80108

ZIPSAFMR
Douglas County, CO
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,750
1 BR$1,970$1,910
2 BR$2,330$2,380
3 BR$3,060$2,980
4 BR$3,420$3,620
5 BR$3,933Not available
6 BR$4,523Not available
7 BR$5,201Not available
8 BR$5,982Not available

Purchase Price Calculator

Maximum purchase price
$291,751

Cost breakdown

+Likely effective rent$2,380
HUD FMR$2,330
Market rent$2,410
Est. payment standard (102%)Used$2,380
-Principal and interest-$1,475
Loan amount$233,400
Down payment$58,350
Rate6.50%
Term30 years
-Operating costs-$705
Property taxes-$292
Insurance-$175
Utilities$0
HOA$0
Management-$238
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,995(65.1% ROI)
Projected value
$314,183
Return breakdown
Property appreciation+$22,433
Loan principal paid down+$8,362
Rental cash flow+$7,200
5-year hold
+$65,250(111.8% ROI)
Projected value
$330,089
Return breakdown
Property appreciation+$38,338
Loan principal paid down+$14,912
Rental cash flow+$12,000
10-year hold
+$141,247(242.1% ROI)
Projected value
$373,465
Return breakdown
Property appreciation+$81,715
Loan principal paid down+$35,533
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.07
1 BR
1.03
2 BR
0.97
3 BR
1.03
4 BR
0.92
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 80108 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80108 (Castle Rock, CO) is $2,330 a month. That is up 2.2% from $2,280 in FY 2026. Castle Rock 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 12 ZIP codes in Douglas County, 80108 has the 9th-highest two-bedroom rent (county range $2,100–$3,070). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80108 is 70% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80108
BedroomsFY 2027Change90–110% range
Studio$1,880+5.0%$1,692–$2,068
1BR$1,970+3.1%$1,773–$2,167
2BR$2,330+2.2%$2,097–$2,563
3BR$3,060+2.7%$2,754–$3,366
4BR$3,420+2.7%$3,078–$3,762

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80108
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$1,970$2,330$3,060$3,420
FY 2026$1,790$1,910$2,280$2,980$3,330
FY 2025$1,820$1,990$2,380$3,110$3,480
FY 2024$1,910$2,110$2,530$3,300$3,710
FY 2023$1,600$1,770$2,140$2,820$3,170

Two-bedroom rent in nearby Douglas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 80108
80104$2,190−6.0%
80108Current$2,330—
80109$2,650+13.7%
80116$2,100−9.9%
80118$2,160−7.3%
80124$2,450+5.2%
80126$2,800+20.2%
80129$2,640+13.3%
80130$3,070+31.8%
80131$2,750+18.0%
80134$2,420+3.9%
80163$2,470+6.0%

Questions about ZIP 80108 rents

How much will Section 8 pay for a two-bedroom in ZIP 80108?

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 $2,330 it would be $2,097 to $2,563. 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 80108 in?

ZIP 80108 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 80108 for FY 2027?

The two-bedroom FMR rose 2.2%, from $2,280 in FY 2026 to $2,330 in FY 2027. Since FY 2023 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

County fair market rentCastle Rock, CO fair market rentCO statewide rentsWhat is SAFMR?Data sources