The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Denver, CO 80209's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 80209 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,746 to a high of $2,134, with an average of $1,940.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,926, a maximum of $2,354, and an average of $2,140.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $2,313, peaking at a maximum of $2,827, and averaging at $2,570.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $3,024, a maximum of $3,696, and an average of $3,360.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $3,393 to a maximum of $4,147, with an average of $3,770.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Denver, CO 80209 Low Rent (90%) $1,746 $1,926 $2,313 $3,024 $3,393
Average Rent $1,940 $2,140 $2,570 $3,360 $3,770
High Rent(110%) $2,134 $2,354 $2,827 $3,696 $4,147
2023 Denver, CO 80209 Low Rent (90%) $1,575 $1,737 $2,097 $2,763 $3,105
Average Rent $1,750 $1,930 $2,330 $3,070 $3,450
High Rent (110%) $1,925 $2,123 $2,563 $3,377 $3,795
2022 Denver, CO 80209 Low Rent (90%) $1,422 $1,566 $1,908 $2,565 $2,880
Average Rent $1,580 $1,740 $2,120 $2,850 $3,200
High Rent(110%) $1,738 $1,914 $2,332 $3,135 $3,520
2021 Denver, CO 80209 Low Rent (90%) $1,386 $1,530 $1,881 $2,565 $2,916
Average Rent $1,540 $1,700 $2,090 $2,850 $3,240
High Rent (110%) $1,694 $1,870 $2,299 $3,135 $3,564
2020 Denver, CO 80209 Low Rent (90%) $1,341 $1,512 $1,881 $2,601 $2,988
Average Rent $1,490 $1,680 $2,090 $2,890 $3,320
High Rent(110%) $1,639 $1,848 $2,299 $3,179 $3,652
2019 Denver, CO 80209 Low Rent (90%) $1,251 $1,458 $1,827 $2,565 $2,979
Average Rent $1,390 $1,620 $2,030 $2,850 $3,310
High Rent (110%) $1,529 $1,782 $2,233 $3,135 $3,641


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