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La Plata County/Bayfield/81122

81122

ZIPSAFMR
La Plata County, CO
Zillow

ZIP Investment Score

60Below average

095130300
BRFMR
Eff. Rent
0 BR$1,390$1,530
1 BR$1,440$1,580
2 BR$1,880$1,950
3 BR$2,290$2,110
4 BR$2,490$2,250
5 BR$2,864Not available
6 BR$3,293Not available
7 BR$3,787Not available
8 BR$4,355Not available

Purchase Price Calculator

Maximum purchase price
$227,853

Cost breakdown

+Likely effective rent$1,950
HUD FMR$1,880
Market rent$1,990
Est. payment standard (104%)Used$1,950
-Principal and interest-$1,152
Loan amount$182,282
Down payment$45,571
Rate6.50%
Term30 years
-Operating costs-$598
Property taxes-$228
Insurance-$175
Utilities$0
HOA$0
Management-$195
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,250(68.6% ROI)
Projected value
$245,372
Return breakdown
Property appreciation+$17,520
Loan principal paid down+$6,531
Rental cash flow+$7,200
5-year hold
+$53,588(117.6% ROI)
Projected value
$257,794
Return breakdown
Property appreciation+$29,942
Loan principal paid down+$11,646
Rental cash flow+$12,000
10-year hold
+$115,568(253.6% ROI)
Projected value
$291,671
Return breakdown
Property appreciation+$63,818
Loan principal paid down+$27,750
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.77
1 BR
0.79
2 BR
0.94
3 BR
1.09
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 81122 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 81122 (Bayfield, CO) is $1,880 a month. That is up 11.9% from $1,680 in FY 2026. Bayfield is in the La Plata 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 $1,821. Among 7 ZIP codes in La Plata County, 81122 has the highest two-bedroom rent (county range $1,440–$1,880). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 81122 is 37% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 81122
BedroomsFY 2027Change90–110% range
Studio$1,390+11.2%$1,251–$1,529
1BR$1,440+12.5%$1,296–$1,584
2BR$1,880+11.9%$1,692–$2,068
3BR$2,290+11.7%$2,061–$2,519
4BR$2,490+4.6%$2,241–$2,739

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 81122
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,390$1,440$1,880$2,290$2,490
FY 2026$1,250$1,280$1,680$2,050$2,380
FY 2025$1,250$1,270$1,650$2,030$2,640
FY 2024area FMR$1,241$1,402$1,716$2,123$2,763
FY 2023area FMR$1,094$1,307$1,476$1,916$2,514

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

Two-bedroom rent in nearby La Plata County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 81122
81122Current$1,880—
81137$1,440−23.4%
81301$1,870−0.5%
81302$1,820−3.2%
81303$1,780−5.3%
81326$1,440−23.4%
81329$1,820−3.2%

Questions about ZIP 81122 rents

How much will Section 8 pay for a two-bedroom in ZIP 81122?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,821, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,639 to $2,003 a month; under the ZIP-level Small Area FMR of $1,880 it would be $1,692 to $2,068. 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 81122 in?

ZIP 81122 is in the La Plata County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,821.

How much did fair market rent change in ZIP 81122 for FY 2027?

The two-bedroom FMR rose 11.9%, from $1,680 in FY 2026 to $1,880 in FY 2027. Since FY 2025 it has risen 13.9%.

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

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