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

Glade Park, CO 81523'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 81523 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 $684 to a high of $836, with an average of $760.
One-bedroom: One-bedroom rental prices vary, with a minimum of $774, a maximum of $946, and an average of $860.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,008, peaking at a maximum of $1,232, and averaging at $1,120.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,422, a maximum of $1,738, and an average of $1,580.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,710 to a maximum of $2,090, with an average of $1,900.

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 Glade Park, CO 81523 Low Rent (90%) $684 $774 $1,008 $1,422 $1,710
Average Rent $760 $860 $1,120 $1,580 $1,900
High Rent(110%) $836 $946 $1,232 $1,738 $2,090
2023 Glade Park, CO 81523 Low Rent (90%) $648 $729 $963 $1,368 $1,638
Average Rent $720 $810 $1,070 $1,520 $1,820
High Rent (110%) $792 $891 $1,177 $1,672 $2,002
2022 Glade Park, CO 81523 Low Rent (90%) $612 $702 $927 $1,314 $1,584
Average Rent $680 $780 $1,030 $1,460 $1,760
High Rent(110%) $748 $858 $1,133 $1,606 $1,936
2021 Glade Park, CO 81523 Low Rent (90%) $612 $693 $918 $1,314 $1,593
Average Rent $680 $770 $1,020 $1,460 $1,770
High Rent (110%) $748 $847 $1,122 $1,606 $1,947
2020 Glade Park, CO 81523 Low Rent (90%) $648 $711 $936 $1,350 $1,647
Average Rent $720 $790 $1,040 $1,500 $1,830
High Rent(110%) $792 $869 $1,144 $1,650 $2,013
2019 Glade Park, CO 81523 Low Rent (90%) $522 $576 $756 $1,089 $1,332
Average Rent $580 $640 $840 $1,210 $1,480
High Rent (110%) $638 $704 $924 $1,331 $1,628


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