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

Buffalo Creek, CO 80425'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 80425 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 $1,215 to a high of $1,485, with an average of $1,350.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,341, a maximum of $1,639, and an average of $1,490.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,611, peaking at a maximum of $1,969, and averaging at $1,790.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $2,097, a maximum of $2,563, and an average of $2,330.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,358 to a maximum of $2,882, with an average of $2,620.

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 Buffalo Creek, CO 80425 Low Rent (90%) $1,215 $1,341 $1,611 $2,097 $2,358
Average Rent $1,350 $1,490 $1,790 $2,330 $2,620
High Rent(110%) $1,485 $1,639 $1,969 $2,563 $2,882
2023 Buffalo Creek, CO 80425 Low Rent (90%) $1,053 $1,188 $1,467 $2,034 $2,340
Average Rent $1,170 $1,320 $1,630 $2,260 $2,600
High Rent (110%) $1,287 $1,452 $1,793 $2,486 $2,860
2022 Buffalo Creek, CO 80425 Low Rent (90%) $1,170 $1,314 $1,629 $2,259 $2,592
Average Rent $1,300 $1,460 $1,810 $2,510 $2,880
High Rent(110%) $1,430 $1,606 $1,991 $2,761 $3,168
2021 Buffalo Creek, CO 80425 Low Rent (90%) $1,296 $1,458 $1,809 $2,502 $2,871
Average Rent $1,440 $1,620 $2,010 $2,780 $3,190
High Rent (110%) $1,584 $1,782 $2,211 $3,058 $3,509
2020 Buffalo Creek, CO 80425 Low Rent (90%) $1,431 $1,611 $2,007 $2,772 $3,186
Average Rent $1,590 $1,790 $2,230 $3,080 $3,540
High Rent(110%) $1,749 $1,969 $2,453 $3,388 $3,894
2019 Buffalo Creek, CO 80425 Low Rent (90%) $918 $1,080 $1,350 $1,899 $2,205
Average Rent $1,020 $1,200 $1,500 $2,110 $2,450
High Rent (110%) $1,122 $1,320 $1,650 $2,321 $2,695


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