FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
1.95ratio
FMR$2,810
Market$1,440
vs market+$1,370
FMR is above market; underwrite to market rent.
1.95
4 BR
4 BR
1.32ratio
FMR$3,140
Market$2,380
vs market+$760
FMR is above market; underwrite to market rent.
1.32
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 80225 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80225 (Denver, CO) is $2,140 a month. That is up 3.9% from $2,060 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 36 ZIP codes in Jefferson County, 80225 is tied for the 19th-highest two-bedroom rent (county range $1,890–$3,210). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80225 is 56% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 80225
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,620
$1,730
+6.8%
$1,557–$1,903
1BR
$1,730
$1,810
+4.6%
$1,629–$1,991
2BR
$2,060
$2,140
+3.9%
$1,926–$2,354
3BR
$2,700
$2,810
+4.1%
$2,529–$3,091
4BR
$3,010
$3,140
+4.3%
$2,826–$3,454
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 80225
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,730
$1,810
$2,140
$2,810
$3,140
FY 2026
$1,620
$1,730
$2,060
$2,700
$3,010
FY 2025
$1,620
$1,770
$2,120
$2,770
$3,100
FY 2024
$1,640
$1,820
$2,180
$2,850
$3,190
FY 2023
$1,370
$1,520
$1,830
$2,410
$2,710
Two-bedroom rent in nearby Jefferson County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 80225?
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 $2,140 it would be $1,926 to $2,354. 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 80225 in?
ZIP 80225 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 80225 for FY 2027?
The two-bedroom FMR rose 3.9%, from $2,060 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 16.9%.
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