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Eagle County/Vail/81657

81657

ZIPSAFMR
Eagle County, CO
Zillow

ZIP Investment Score

30Below average

095130300
BRFMR
Eff. Rent
0 BR$1,530$1,530
1 BR$1,680$1,850
2 BR$2,200$2,420
3 BR$2,620$2,880
4 BR$3,680$4,050
5 BR$4,232Not available
6 BR$4,867Not available
7 BR$5,597Not available
8 BR$6,436Not available

Purchase Price Calculator

Maximum purchase price
$297,695

Cost breakdown

+Likely effective rent$2,420
HUD FMR$2,200
Market rent$5,290
Est. payment standard (110%)Used$2,420
-Principal and interest-$1,505
Loan amount$238,156
Down payment$59,539
Rate6.50%
Term30 years
-Operating costs-$715
Property taxes-$298
Insurance-$175
Utilities$0
HOA$0
Management-$242
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,622(64.9% ROI)
Projected value
$320,584
Return breakdown
Property appreciation+$22,890
Loan principal paid down+$8,533
Rental cash flow+$7,200
5-year hold
+$66,335(111.4% ROI)
Projected value
$336,814
Return breakdown
Property appreciation+$39,120
Loan principal paid down+$15,216
Rental cash flow+$12,000
10-year hold
+$143,636(241.2% ROI)
Projected value
$381,074
Return breakdown
Property appreciation+$83,380
Loan principal paid down+$36,257
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
0.34
2 BR
0.42
3 BR
0.48
4 BR
0.67
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 81657 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 81657 (Vail, CO) is $2,200 a month. That is up 4.8% from $2,100 in FY 2026. Vail is in the Eagle 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 $2,607. Among 13 ZIP codes in Eagle County, 81657 has the 13th-highest two-bedroom rent (county range $2,200–$2,900). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 81657 is 60% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 81657
BedroomsFY 2027Change90–110% range
Studio$1,530+5.5%$1,377–$1,683
1BR$1,680+5.0%$1,512–$1,848
2BR$2,200+4.8%$1,980–$2,420
3BR$2,620+4.0%$2,358–$2,882
4BR$3,680+12.9%$3,312–$4,048

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 81657
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,530$1,680$2,200$2,620$3,680
FY 2026$1,450$1,600$2,100$2,520$3,260
FY 2025$1,420$1,590$2,090$2,530$2,780
FY 2024area FMR$1,572$1,765$2,319$2,809$3,088
FY 2023area FMR$1,357$1,542$2,030$2,490$2,727

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

Two-bedroom rent in nearby Eagle County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 81657
80426$2,610+18.6%
80463$2,480+12.7%
81620$2,870+30.5%
81621$2,900+31.8%
81631$2,260+2.7%
81632$2,440+10.9%
81637$2,620+19.1%
81645$2,750+25.0%
81649$2,540+15.5%
81655$2,340+6.4%
81657Current$2,200—
81658$2,610+18.6%

Questions about ZIP 81657 rents

How much will Section 8 pay for a two-bedroom in ZIP 81657?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,607, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,346 to $2,868 a month; under the ZIP-level Small Area FMR of $2,200 it would be $1,980 to $2,420. 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 81657 in?

ZIP 81657 is in the Eagle County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,607.

How much did fair market rent change in ZIP 81657 for FY 2027?

The two-bedroom FMR rose 4.8%, from $2,100 in FY 2026 to $2,200 in FY 2027. Since FY 2025 it has risen 5.3%.

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