ZIP 80223 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80223 in the Denver-Aurora-Centennial, CO MSA FMR area.

$1,710Efficiency
$1,7901 bedroom
$2,1202 bedrooms
$2,7803 bedrooms
$3,1104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,710$1,539$1,881$1,751
1 bedroom$1,790$1,611$1,969$1,831
2 bedrooms$2,120$1,908$2,332$2,169
3 bedrooms$2,780$2,502$3,058$2,846
4 bedrooms$3,110$2,799$3,421$3,183

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

Income in ZIP 80223

$71,359average adjusted gross income per tax return (2022)
$59,108average salaries and wages per return
11,110tax returns filed
36%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.9%
$25,000 to $50,00025.4%
$50,000 to $75,00020.5%
$75,000 to $100,00011.4%
$100,000 to $200,00014.3%
$200,000 or more4.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80223?

HUD's FY2027 Small Area FMRs for ZIP 80223 (Denver-Aurora-Centennial, CO MSA) are $1,710 efficiency, $1,790 one bedroom, $2,120 two bedrooms, $2,780 three and $3,110 four bedrooms.

What payment standard can a housing authority set in ZIP 80223?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,908 to $2,332.

How affordable is rent in ZIP 80223?

Tax returns filed from ZIP 80223 reported an average adjusted gross income of $71,359 (2022). A two-bedroom unit at the Small Area FMR costs $25,440 a year, or 36% of that income.