Income Limits by County

FY2027 Small Area FMR · Aurora, CO

ZIP 80016 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80016 (Aurora, CO) is $2,490 a month, up 4.2% from FY2026. That is 15% above the Denver-Aurora-Centennial, CO area-wide FMR of $2,169.

2-bedroom SAFMR$2,490per month ▲ 4.2%
Area-wide 2 BR FMR$2,169Denver-Aurora-Centennial, CO
Rank in the area27thof 182 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,241
2 BR Small Area FMR$2,490
110% of SAFMR$2,739

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 80016 sits in the Denver-Aurora-Centennial, CO area

$1,010$3,250median $2,150

Of the 182 ZIP codes HUD lists for the area, 80016 has the 27th highest two-bedroom Small Area FMR. Denver-Aurora-Centennial, CO is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,169 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,490 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$2,010$1,809 – $2,211$1,751$1,880
1 bedroom$2,100$1,890 – $2,310$1,831$2,010
2 bedrooms$2,490$2,241 – $2,739$2,169$2,390
3 bedrooms$3,270$2,943 – $3,597$2,846$3,130
4 bedrooms$3,650$3,285 – $4,015$3,183$3,490

A household renting a two-bedroom home at the Small Area FMR of $2,490 needs about $99,600 a year to keep housing costs at 30% of income. The area median family income is $144,000 and the 80% low-income limit for four people is $106,800. ZIP code 80016 lies mainly in Arapahoe County and Douglas County. See the Denver-Aurora-Centennial, CO metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
80015Aurora4.3 mi$2,590
80013Aurora5.3 mi$2,410
80138Parker6.0 mi$2,350
80018Aurora6.2 mi$2,890
80017Aurora8.0 mi$2,080
80112Englewood8.2 mi$2,400

Questions

What is the Fair Market Rent for ZIP code 80016?

HUD's FY2027 Small Area Fair Market Rents for 80016 are $2,010 (studio), $2,100 (1 BR), $2,490 (2 BR), $3,270 (3 BR) and $3,650 (4 BR) a month.

What is the Section 8 payment standard in 80016?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80016 that range is $2,241 to $2,739 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80016?

The FY2026 income limits of the Denver-Aurora-Centennial, CO area apply: median family income $144,000, low-income (80%) limit $106,800 for a family of four.