ZIP 80229 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80229 in the Denver-Aurora-Centennial, CO MSA FMR area.

$1,690Efficiency
$1,7601 bedroom
$2,0902 bedrooms
$2,7403 bedrooms
$3,0704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,690$1,521$1,859$1,751
1 bedroom$1,760$1,584$1,936$1,831
2 bedrooms$2,090$1,881$2,299$2,169
3 bedrooms$2,740$2,466$3,014$2,846
4 bedrooms$3,070$2,763$3,377$3,183

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

Income in ZIP 80229

$54,277average adjusted gross income per tax return (2022)
$45,914average salaries and wages per return
26,380tax returns filed
46%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00027.1%
$25,000 to $50,00029.6%
$50,000 to $75,00020.4%
$75,000 to $100,00010.7%
$100,000 to $200,00011.0%
$200,000 or more1.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 16.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80229?

HUD's FY2027 Small Area FMRs for ZIP 80229 (Denver-Aurora-Centennial, CO MSA) are $1,690 efficiency, $1,760 one bedroom, $2,090 two bedrooms, $2,740 three and $3,070 four bedrooms.

What payment standard can a housing authority set in ZIP 80229?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,881 to $2,299.

How affordable is rent in ZIP 80229?

Tax returns filed from ZIP 80229 reported an average adjusted gross income of $54,277 (2022). A two-bedroom unit at the Small Area FMR costs $25,080 a year, or 46% of that income.