ZIP 81527 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 81527 in the Grand Junction, CO MSA FMR area.

$950Efficiency
$1,0301 bedroom
$1,3202 bedrooms
$1,8203 bedrooms
$2,2004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$950$855$1,045$893
1 bedroom$1,030$927$1,133$1,017
2 bedrooms$1,320$1,188$1,452$1,282
3 bedrooms$1,820$1,638$2,002$1,775
4 bedrooms$2,200$1,980$2,420$2,143

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

Income in ZIP 81527

$83,843average adjusted gross income per tax return (2022)
$50,338average salaries and wages per return
1,010tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.8%
$25,000 to $50,00020.8%
$50,000 to $75,00016.8%
$75,000 to $100,00011.9%
$100,000 to $200,00020.8%
$200,000 or more5.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 81527?

HUD's FY2027 Small Area FMRs for ZIP 81527 (Grand Junction, CO MSA) are $950 efficiency, $1,030 one bedroom, $1,320 two bedrooms, $1,820 three and $2,200 four bedrooms.

What payment standard can a housing authority set in ZIP 81527?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,188 to $1,452.

How affordable is rent in ZIP 81527?

Tax returns filed from ZIP 81527 reported an average adjusted gross income of $83,843 (2022). A two-bedroom unit at the Small Area FMR costs $15,840 a year, or 19% of that income.