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Denver County/Denver/80216

80216

ZIPSAFMR
Denver County, CO
Zillow

ZIP Investment Score

106Above average

095130300
BRFMR
Eff. Rent
0 BR$1,850$1,600
1 BR$1,930$1,920
2 BR$2,290$2,360
3 BR$3,000$2,660
4 BR$3,360$3,150
5 BR$3,864Not available
6 BR$4,444Not available
7 BR$5,110Not available
8 BR$5,877Not available

Purchase Price Calculator

Maximum purchase price
$288,779

Cost breakdown

+Likely effective rent$2,360
HUD FMR$2,290
Market rent$2,390
Est. payment standard (103%)Used$2,360
-Principal and interest-$1,460
Loan amount$231,023
Down payment$57,756
Rate6.50%
Term30 years
-Operating costs-$700
Property taxes-$289
Insurance-$175
Utilities$0
HOA$0
Management-$236
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,681(65.2% ROI)
Projected value
$310,983
Return breakdown
Property appreciation+$22,204
Loan principal paid down+$8,277
Rental cash flow+$7,200
5-year hold
+$64,708(112.0% ROI)
Projected value
$326,726
Return breakdown
Property appreciation+$37,948
Loan principal paid down+$14,760
Rental cash flow+$12,000
10-year hold
+$140,053(242.5% ROI)
Projected value
$369,661
Return breakdown
Property appreciation+$80,882
Loan principal paid down+$35,171
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.16
1 BR
1.01
2 BR
0.96
3 BR
1.13
4 BR
1.07
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 80216 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80216 (Denver, CO) is $2,290 a month. That is up 4.1% from $2,200 in FY 2026. Denver 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 40 ZIP codes in Denver County, 80216 has the 14th-highest two-bedroom rent (county range $1,890–$3,060). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80216 is 67% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80216
BedroomsFY 2027Change90–110% range
Studio$1,850+6.9%$1,665–$2,035
1BR$1,930+4.3%$1,737–$2,123
2BR$2,290+4.1%$2,061–$2,519
3BR$3,000+4.2%$2,700–$3,300
4BR$3,360+4.7%$3,024–$3,696

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80216
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,850$1,930$2,290$3,000$3,360
FY 2026$1,730$1,850$2,200$2,880$3,210
FY 2025$1,700$1,860$2,220$2,900$3,240
FY 2024$1,730$1,920$2,300$3,000$3,370
FY 2023$1,440$1,590$1,920$2,530$2,840

Two-bedroom rent in nearby Denver County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 80216
80209$2,430+6.1%
80210$2,420+5.7%
80211$2,670+16.6%
80212$2,190−4.4%
80216Current$2,290—
80217$2,150−6.1%
80218$2,030−11.4%
80219$1,890−17.5%
80220$1,890−17.5%
80221$2,000−12.7%
80222$2,090−8.7%
80223$2,120−7.4%

Questions about ZIP 80216 rents

How much will Section 8 pay for a two-bedroom in ZIP 80216?

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 $2,290 it would be $2,061 to $2,519. 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 80216 in?

ZIP 80216 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 80216 for FY 2027?

The two-bedroom FMR rose 4.1%, from $2,200 in FY 2026 to $2,290 in FY 2027. Since FY 2023 it has risen 19.3%.

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 rentDenver, CO fair market rentCO statewide rentsWhat is SAFMR?Data sources