ZIP 80540 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80540 in the Boulder, CO MSA FMR area.

Boulder, CO MSA

$1,790Efficiency
$1,9701 bedroom
$2,2702 bedrooms
$3,0303 bedrooms
$3,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,790$1,611$1,969$1,520
1 bedroom$1,970$1,773$2,167$1,735
2 bedrooms$2,270$2,043$2,497$2,033
3 bedrooms$3,030$2,727$3,333$2,703
4 bedrooms$3,450$3,105$3,795$3,146

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

Fort Collins-Loveland, CO MSA

$1,790Efficiency
$1,9701 bedroom
$2,2702 bedrooms
$3,0303 bedrooms
$3,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,790$1,611$1,969$1,551
1 bedroom$1,970$1,773$2,167$1,589
2 bedrooms$2,270$2,043$2,497$1,759
3 bedrooms$3,030$2,727$3,333$2,379
4 bedrooms$3,450$3,105$3,795$2,576

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

Income in ZIP 80540

$120,195average adjusted gross income per tax return (2022)
$73,290average salaries and wages per return
2,340tax returns filed
23%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.6%
$25,000 to $50,00015.0%
$50,000 to $75,00012.0%
$75,000 to $100,0009.0%
$100,000 to $200,00023.9%
$200,000 or more17.5%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80540?

HUD's FY2027 Small Area FMRs for ZIP 80540 (Boulder, CO MSA) are $1,790 efficiency, $1,970 one bedroom, $2,270 two bedrooms, $3,030 three and $3,450 four bedrooms.

What payment standard can a housing authority set in ZIP 80540?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,043 to $2,497.

How affordable is rent in ZIP 80540?

Tax returns filed from ZIP 80540 reported an average adjusted gross income of $120,195 (2022). A two-bedroom unit at the Small Area FMR costs $27,240 a year, or 23% of that income.