FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR
0.85ratio
FMR$1,820
Market$2,140
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR
0.99ratio
FMR$2,160
Market$2,180
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR
1.15ratio
FMR$2,830
Market$2,470
vs market+$360
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR
1.10ratio
FMR$3,170
Market$2,870
vs market+$300
FMR is above market; underwrite to market rent.
1.10
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
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ZIP 80150 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80150 (Englewood, CO) is $2,160 a month. That is up 3.8% from $2,080 in FY 2026. Englewood 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 35 ZIP codes in Arapahoe County, 80150 is tied for the 14th-highest two-bedroom rent (county range $1,890–$3,250). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80150 is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 80150
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,640
$1,740
+6.1%
$1,566–$1,914
1BR
$1,750
$1,820
+4.0%
$1,638–$2,002
2BR
$2,080
$2,160
+3.8%
$1,944–$2,376
3BR
$2,720
$2,830
+4.0%
$2,547–$3,113
4BR
$3,040
$3,170
+4.3%
$2,853–$3,487
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 80150
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,740
$1,820
$2,160
$2,830
$3,170
FY 2026
$1,640
$1,750
$2,080
$2,720
$3,040
FY 2025
$1,630
$1,780
$2,130
$2,780
$3,110
FY 2024
$1,650
$1,830
$2,190
$2,860
$3,210
FY 2023
$1,390
$1,530
$1,850
$2,440
$2,740
Two-bedroom rent in nearby Arapahoe County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 80150?
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 $2,160 it would be $1,944 to $2,376. 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 80150 in?
ZIP 80150 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 80150 for FY 2027?
The two-bedroom FMR rose 3.8%, from $2,080 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 16.8%.
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