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81433

ZIPSAFMR
San Juan County, CO

ZIP Investment Score

33Below average

095130300
BRFMR
Eff. Rent
0 BR$930$930
1 BR$1,030$1,030
2 BR$1,340$1,340
3 BR$1,620$1,620
4 BR$2,080$2,080
5 BR$2,392Not available
6 BR$2,751Not available
7 BR$3,163Not available
8 BR$3,638Not available

Purchase Price Calculator

Maximum purchase price
$137,207

Cost breakdown

+Likely effective rent$1,340
HUD FMRUsed$1,340
Market rentN/A
Est. payment standardN/A
-Principal and interest-$694
Loan amount$109,766
Down payment$27,441
Rate6.50%
Term30 years
-Operating costs-$446
Property taxes-$137
Insurance-$175
Utilities$0
HOA$0
Management-$134
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,683(79.0% ROI)
Projected value
$147,757
Return breakdown
Property appreciation+$10,550
Loan principal paid down+$3,933
Rental cash flow+$7,200
5-year hold
+$37,043(135.0% ROI)
Projected value
$155,237
Return breakdown
Property appreciation+$18,030
Loan principal paid down+$7,013
Rental cash flow+$12,000
10-year hold
+$79,140(288.4% ROI)
Projected value
$175,637
Return breakdown
Property appreciation+$38,430
Loan principal paid down+$16,711
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
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Tax rate
--
Mortgage rate
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ZIP 81433 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 81433 (Silverton, CO) is $1,340 a month. That is up 8.9% from $1,230 in FY 2026. Silverton is in the San Juan 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 $1,344. The median county two-bedroom FMR in Colorado is $1,375, so ZIP 81433 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 81433
BedroomsFY 2027Change90–110% range
Studio$930−2.1%$837–$1,023
1BR$1,030−8.0%$927–$1,133
2BR$1,340+8.9%$1,206–$1,474
3BR$1,620+7.3%$1,458–$1,782
4BR$2,080+7.8%$1,872–$2,288

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 81433
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$1,030$1,340$1,620$2,080
FY 2026$950$1,120$1,230$1,510$1,930
FY 2025$1,050$1,210$1,340$1,620$2,140
FY 2024area FMR$1,166$1,324$1,486$1,797$1,979
FY 2023area FMR$1,099$1,106$1,411$1,717$1,895

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

Questions about ZIP 81433 rents

How much will Section 8 pay for a two-bedroom in ZIP 81433?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,344, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,210 to $1,478 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 81433 in?

ZIP 81433 is in the San Juan County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,344.

How much did fair market rent change in ZIP 81433 for FY 2027?

The two-bedroom FMR rose 8.9%, from $1,230 in FY 2026 to $1,340 in FY 2027. Since FY 2025 it has risen 0.0%.

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