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Park County/Fairplay/80440

80440

ZIPSAFMR
Park County, CO
Zillow

ZIP Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$1,730$1,730
1 BR$1,810$1,810
2 BR$2,140$2,140
3 BR$2,810$2,810
4 BR$3,140$3,140
5 BR$3,611Not available
6 BR$4,153Not available
7 BR$4,776Not available
8 BR$5,492Not available

Purchase Price Calculator

Maximum purchase price
$256,087

Cost breakdown

+Likely effective rent$2,140
HUD FMRUsed$2,140
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,295
Loan amount$204,869
Down payment$51,217
Rate6.50%
Term30 years
-Operating costs-$645
Property taxes-$256
Insurance-$175
Utilities$0
HOA$0
Management-$214
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$34,231(66.8% ROI)
Projected value
$275,777
Return breakdown
Property appreciation+$19,691
Loan principal paid down+$7,340
Rental cash flow+$7,200
5-year hold
+$58,741(114.7% ROI)
Projected value
$289,739
Return breakdown
Property appreciation+$33,652
Loan principal paid down+$13,089
Rental cash flow+$12,000
10-year hold
+$126,915(247.8% ROI)
Projected value
$327,813
Return breakdown
Property appreciation+$71,726
Loan principal paid down+$31,189
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 80440 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80440 (Fairplay, CO) is $2,140 a month. That is up 10.9% from $1,930 in FY 2026. Fairplay 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 10 ZIP codes in Park County, 80440 has the 9th-highest two-bedroom rent (county range $1,930–$2,500). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80440 is 56% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 80440
BedroomsFY 2027Change90–110% range
Studio$1,730+16.9%$1,557–$1,903
1BR$1,810+11.7%$1,629–$1,991
2BR$2,140+10.9%$1,926–$2,354
3BR$2,810+11.5%$2,529–$3,091
4BR$3,140+11.3%$2,826–$3,454

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 80440
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,730$1,810$2,140$2,810$3,140
FY 2026$1,480$1,620$1,930$2,520$2,820
FY 2025$1,500$1,660$1,990$2,590$2,910
FY 2024$1,340$1,480$1,780$2,320$2,610
FY 2023$1,160$1,280$1,550$2,040$2,300

Two-bedroom rent in nearby Park County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 80440
80420$2,360+10.3%
80421$2,500+16.8%
80432$2,350+9.8%
80440Current$2,140—
80448$2,330+8.9%
80449$1,930−9.8%
80456$2,350+9.8%
80475$2,500+16.8%
80820$2,350+9.8%
80827$2,180+1.9%

Questions about ZIP 80440 rents

How much will Section 8 pay for a two-bedroom in ZIP 80440?

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 80440 in?

ZIP 80440 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 80440 for FY 2027?

The two-bedroom FMR rose 10.9%, from $1,930 in FY 2026 to $2,140 in FY 2027. Since FY 2023 it has risen 38.1%.

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