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Mesa County/Loma/81524

81524

ZIPSAFMR
Mesa County, CO
Zillow

ZIP Investment Score

44Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,050
1 BR$1,190$1,190
2 BR$1,510$1,510
3 BR$2,080$2,080
4 BR$2,490$2,490
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
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMRUsed$1,510
Market rentN/A
Est. payment standardN/A
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
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 81524 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 81524 (Loma, CO) is $1,510 a month. That is up 0.7% from $1,500 in FY 2026. Loma is in the Grand Junction, 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 $1,282. Among 19 ZIP codes in Mesa County, 81524 has the 6th-highest two-bedroom rent (county range $1,140–$1,750). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 81524 is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 81524
BedroomsFY 2027Change90–110% range
Studio$1,050−0.9%$945–$1,155
1BR$1,190+0.8%$1,071–$1,309
2BR$1,510+0.7%$1,359–$1,661
3BR$2,0800.0%$1,872–$2,288
4BR$2,490−0.4%$2,241–$2,739

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 81524
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,190$1,510$2,080$2,490
FY 2026$1,060$1,180$1,500$2,080$2,500
FY 2025$1,060$1,170$1,510$2,110$2,520
FY 2024$910$1,030$1,330$1,880$2,260
FY 2023$810$920$1,220$1,730$2,080

Two-bedroom rent in nearby Mesa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 81524
81504$1,540+2.0%
81505$1,590+5.3%
81506$1,310−13.2%
81507$1,750+15.9%
81520$1,140−24.5%
81521$1,610+6.6%
81522$1,280−15.2%
81523$1,640+8.6%
81524Current$1,510—
81525$1,280−15.2%
81526$1,270−15.9%
81527$1,320−12.6%

Questions about ZIP 81524 rents

How much will Section 8 pay for a two-bedroom in ZIP 81524?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,282, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,154 to $1,410 a month; under the ZIP-level Small Area FMR of $1,510 it would be $1,359 to $1,661. 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 81524 in?

ZIP 81524 is in the Grand Junction, CO MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,282.

How much did fair market rent change in ZIP 81524 for FY 2027?

The two-bedroom FMR rose 0.7%, from $1,500 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 23.8%.

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