FY2027 Small Area FMR · Morrison, CO

ZIP 80465 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80465 (Morrison, CO) is $2,590 a month, up 4.0% from FY2026. That is 19% above the Denver-Aurora-Centennial, CO area-wide FMR of $2,169.

2-bedroom SAFMR$2,590per month ▲ 4.0%

Area-wide 2 BR FMR$2,169Denver-Aurora-Centennial, CO

Rank in the area16thof 182 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,331

2 BR Small Area FMR$2,590

110% of SAFMR$2,849

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

Studio$2,090▲ 6.6%

1 BR$2,190▲ 4.8%

2 BR$2,590▲ 4.0%

3 BR$3,400▲ 4.3%

4 BR$3,800▲ 4.7%

FY2027 FY2026

Where 80465 sits in the Denver-Aurora-Centennial, CO area

Of the 182 ZIP codes HUD lists for the area, 80465 has the 16th 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 $2,590 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,090	$1,881 – $2,299	$1,751	$1,960
1 bedroom	$2,190	$1,971 – $2,409	$1,831	$2,090
2 bedrooms	$2,590	$2,331 – $2,849	$2,169	$2,490
3 bedrooms	$3,400	$3,060 – $3,740	$2,846	$3,260
4 bedrooms	$3,800	$3,420 – $4,180	$3,183	$3,630

A household renting a two-bedroom home at the Small Area FMR of $2,590 needs about $103,600 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 80465 lies mainly in Jefferson County. See the Denver-Aurora-Centennial, CO metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80454	Indian Hills	2.7 mi	$2,540
80453	Idledale	4.2 mi	$2,330
80457	Kittredge	5.3 mi	$2,310
80127	Littleton	5.8 mi	$2,470
80228	Denver	6.2 mi	$2,300
80235	Denver	6.7 mi	$2,050

Questions

What is the Fair Market Rent for ZIP code 80465?

HUD's FY2027 Small Area Fair Market Rents for 80465 are $2,090 (studio), $2,190 (1 BR), $2,590 (2 BR), $3,400 (3 BR) and $3,800 (4 BR) a month.

What is the Section 8 payment standard in 80465?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80465 that range is $2,331 to $2,849 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80465?

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.