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80435

ZIPSAFMR
Summit County, CO

ZIP Investment Score

41Below average

095130300
BRFMR
Eff. Rent
0 BR$1,660$1,830
1 BR$1,820$2,000
2 BR$2,380$2,620
3 BR$2,840$3,120
4 BR$3,230$3,550
5 BR$3,714Not available
6 BR$4,272Not available
7 BR$4,912Not available
8 BR$5,649Not available

Purchase Price Calculator

Maximum purchase price
$327,414

Cost breakdown

+Likely effective rent$2,620
HUD FMR$2,380
Market rent$3,200
Est. payment standard (110%)Used$2,620
-Principal and interest-$1,656
Loan amount$261,932
Down payment$65,483
Rate6.50%
Term30 years
-Operating costs-$764
Property taxes-$327
Insurance-$175
Utilities$0
HOA$0
Management-$262
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,759(63.8% ROI)
Projected value
$352,590
Return breakdown
Property appreciation+$25,175
Loan principal paid down+$9,384
Rental cash flow+$7,200
5-year hold
+$71,760(109.6% ROI)
Projected value
$370,439
Return breakdown
Property appreciation+$43,025
Loan principal paid down+$16,735
Rental cash flow+$12,000
10-year hold
+$155,580(237.6% ROI)
Projected value
$419,118
Return breakdown
Property appreciation+$91,704
Loan principal paid down+$39,876
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.76
1 BR
0.74
2 BR
0.74
3 BR
0.68
4 BR
0.73
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 80435 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80435 (Dillon, CO) is $2,380 a month. That is up 11.2% from $2,140 in FY 2026. Dillon is in the Summit County, CO non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $2,766. Among 5 ZIP codes in Summit County, 80435 has the 5th-highest two-bedroom rent (county range $2,380–$3,590). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80435 is 73% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80435
BedroomsFY 2027Change90–110% range
Studio$1,660+12.2%$1,494–$1,826
1BR$1,820+11.7%$1,638–$2,002
2BR$2,380+11.2%$2,142–$2,618
3BR$2,840+0.7%$2,556–$3,124
4BR$3,230+7.0%$2,907–$3,553

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80435
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,660$1,820$2,380$2,840$3,230
FY 2026$1,480$1,630$2,140$2,820$3,020
FY 2025$1,400$1,530$2,000$2,820$3,290
FY 2024area FMR$1,551$1,690$2,220$3,128$3,650
FY 2023area FMR$1,350$1,573$1,860$2,643$3,168

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Summit County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 80435
80424$3,020+26.9%
80435Current$2,380—
80443$3,590+50.8%
80497$2,770+16.4%
80498$2,470+3.8%

Questions about ZIP 80435 rents

How much will Section 8 pay for a two-bedroom in ZIP 80435?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,766, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,489 to $3,043 a month; under the ZIP-level Small Area FMR of $2,380 it would be $2,142 to $2,618. 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 80435 in?

ZIP 80435 is in the Summit County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,766.

How much did fair market rent change in ZIP 80435 for FY 2027?

The two-bedroom FMR rose 11.2%, from $2,140 in FY 2026 to $2,380 in FY 2027. Since FY 2025 it has risen 19.0%.

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