ZIP 80138 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80138 in the Denver-Aurora-Centennial, CO MSA FMR area.

$1,900Efficiency
$1,9801 bedroom
$2,3502 bedrooms
$3,0803 bedrooms
$3,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,900$1,710$2,090$1,751
1 bedroom$1,980$1,782$2,178$1,831
2 bedrooms$2,350$2,115$2,585$2,169
3 bedrooms$3,080$2,772$3,388$2,846
4 bedrooms$3,450$3,105$3,795$3,183

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 80138

$135,182average adjusted gross income per tax return (2022)
$94,600average salaries and wages per return
16,960tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00021.0%
$25,000 to $50,00015.2%
$50,000 to $75,00011.3%
$75,000 to $100,0008.8%
$100,000 to $200,00025.6%
$200,000 or more18.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80138?

HUD's FY2027 Small Area FMRs for ZIP 80138 (Denver-Aurora-Centennial, CO MSA) are $1,900 efficiency, $1,980 one bedroom, $2,350 two bedrooms, $3,080 three and $3,450 four bedrooms.

What payment standard can a housing authority set in ZIP 80138?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,115 to $2,585.

How affordable is rent in ZIP 80138?

Tax returns filed from ZIP 80138 reported an average adjusted gross income of $135,182 (2022). A two-bedroom unit at the Small Area FMR costs $28,200 a year, or 21% of that income.