ZIP 80603 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80603 in the Denver-Aurora-Centennial, CO MSA FMR area.

Denver-Aurora-Centennial, CO MSA

$1,790Efficiency
$1,8801 bedroom
$2,3102 bedrooms
$3,1303 bedrooms
$3,6704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,790$1,611$1,969$1,751
1 bedroom$1,880$1,692$2,068$1,831
2 bedrooms$2,310$2,079$2,541$2,169
3 bedrooms$3,130$2,817$3,443$2,846
4 bedrooms$3,670$3,303$4,037$3,183

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

Greeley, CO MSA

$1,790Efficiency
$1,8801 bedroom
$2,3102 bedrooms
$3,1303 bedrooms
$3,6704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,790$1,611$1,969$1,240
1 bedroom$1,880$1,692$2,068$1,307
2 bedrooms$2,310$2,079$2,541$1,647
3 bedrooms$3,130$2,817$3,443$2,281
4 bedrooms$3,670$3,303$4,037$2,753

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

Income in ZIP 80603

$83,718average adjusted gross income per tax return (2022)
$64,291average salaries and wages per return
7,910tax returns filed
33%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00022.5%
$25,000 to $50,00020.6%
$50,000 to $75,00016.7%
$75,000 to $100,00013.4%
$100,000 to $200,00021.1%
$200,000 or more5.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80603?

HUD's FY2027 Small Area FMRs for ZIP 80603 (Denver-Aurora-Centennial, CO MSA) are $1,790 efficiency, $1,880 one bedroom, $2,310 two bedrooms, $3,130 three and $3,670 four bedrooms.

What payment standard can a housing authority set in ZIP 80603?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $2,079 to $2,541.

How affordable is rent in ZIP 80603?

Tax returns filed from ZIP 80603 reported an average adjusted gross income of $83,718 (2022). A two-bedroom unit at the Small Area FMR costs $27,720 a year, or 33% of that income.