Housing market/Colorado/ZIP 80216

ACS 2023 · FY2027 SAFMR

ZIP 80216 Denver, Colorado

Denver-Aurora-Centennial, CO MSA · Colorado. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,610
Households
6,485
Median HH income
$86,869
Renter share
72.1%
Median gross rent
$1,934
Vacancy
6.3%
Pop. change
+26.6%
2BR SAFMR
$2,290
SAFMR / rent
1.184×
2–49 unit stock
1,048
LIHTC proj / units
8 / 627
HUD assisted MF
2 / 58

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 80216 · CO — sent to you.

ZIP 80216 · CO

ACS median rent$1,934
2BR SAFMR$2,290
90% floor$2,061
110% ceiling$2,519

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 80216

  • 1-unit detached2,48735.9%
  • 1-unit attached2673.9%
  • 2–4 units4156.0%
  • 5–49 units6339.1%
  • 50+ units2,98943.2%
  • Mobile1331.9%
TypeUnitsShare
1-unit detached2,48735.9%
1-unit attached2673.9%
2 units (duplex)2263.3%
3–4 units1892.7%
5–9 units440.6%
10–19 units2173.1%
20–49 units3725.4%
50+ units2,98943.2%
Mobile1331.9%

2–4 unit share 6.0% · 5–49 unit share 9.1% · combined 2–49 15.1%.

Units by bedrooms

Studio
407
1BR
2,165
2BR
2,627
3BR
1,150
4BR
448
5+
127

Rent burden

Rent ≥30% of income40.0%
Rent ≥50% of income21.1%
  • ACS median gross rent $1,934 (all bedrooms, occupied rentals).
  • Median contract rent $1,872.
  • Renters paying ≥30% of income 40.0%; ≥50% 21.1%.
  • FY2027 2BR SAFMR $2,290 (1.184× ACS median gross rent).

Population

16,610 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +26.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 8 projects, 627 units.
  • HUD project-based assisted MF: 2 properties, 58 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,590 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 80216 72.1% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,934; population increased +26.6% between the 2018 and 2023 ACS vintages; the housing stock includes 415 units in 2–4-unit structures and 633 units in 5–49-unit structures; 8 LIHTC projects totaling 627 units; FY2027 2BR SAFMR is $2,290 versus ACS median gross rent of $1,934. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Colorado research

ZIP 80216 is a Census / HUD profile for Denver-Aurora-Centennial, CO. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Colorado research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 80216?

ZIP 80216 (Denver-Aurora-Centennial, CO MSA) has 16,610 residents, 6,485 households, a renter share of 72.1%, median household income of $86,869, and ACS 2023 median gross rent of $1,934. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 80216?

ACS counts 226 units in 2-unit buildings, 189 in 3–4 unit buildings, 44 in 5–9, 217 in 10–19, and 372 in 20–49. Combined 2–49 unit stock is 1,048 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 80216?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,290. See the full schedule and 90–110% payment-standard band on the ZIP 80216 — Denver, CO HUD Section 8 Payment Standards / SAFMR.

Does this Colorado ZIP profile include Georgia listings?

No. ZIP 80216 is Census / HUD research for Denver-Aurora-Centennial, CO MSA. Jeff Crowe CRE does not list Colorado property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.