Housing market/Colorado/ZIP 80221

ACS 2023 · FY2027 SAFMR

ZIP 80221 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
40,938
Households
14,654
Median HH income
$84,425
Renter share
31.6%
Median gross rent
$1,642
Vacancy
3.4%
Pop. change
-2.6%
2BR SAFMR
$2,000
SAFMR / rent
1.218×
2–49 unit stock
2,532
LIHTC proj / units
5 / 437
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 80221 · CO — sent to you.

ZIP 80221 · CO

ACS median rent$1,642
2BR SAFMR$2,000
90% floor$1,800
110% ceiling$2,200

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

Housing stock

ACS 2023 units-in-structure · ZCTA 80221

  • 1-unit detached11,07473.2%
  • 1-unit attached8085.3%
  • 2–4 units4763.1%
  • 5–49 units2,05613.6%
  • 50+ units3782.5%
  • Mobile3432.3%
TypeUnitsShare
1-unit detached11,07473.0%
1-unit attached8085.3%
2 units (duplex)1471.0%
3–4 units3292.2%
5–9 units3522.3%
10–19 units6984.6%
20–49 units1,0066.6%
50+ units3782.5%
Mobile3432.3%

2–4 unit share 3.1% · 5–49 unit share 13.6% · combined 2–49 16.7%.

Units by bedrooms

Studio
449
1BR
1,211
2BR
3,789
3BR
5,074
4BR
3,512
5+
1,130

Rent burden

Rent ≥30% of income51.5%
Rent ≥50% of income25.9%
  • ACS median gross rent $1,642 (all bedrooms, occupied rentals).
  • Median contract rent $1,476.
  • Renters paying ≥30% of income 51.5%; ≥50% 25.9%.
  • FY2027 2BR SAFMR $2,000 (1.218× ACS median gross rent).

Population

40,938 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.6%.

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

Assisted inventory

  • LIHTC: 5 projects, 437 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,075 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 80221 31.6% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $1,642; population changed -2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 476 units in 2–4-unit structures and 2,056 units in 5–49-unit structures; 5 LIHTC projects totaling 437 units; FY2027 2BR SAFMR is $2,000 versus ACS median gross rent of $1,642. 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 80221 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 80221?

ZIP 80221 (Denver-Aurora-Centennial, CO MSA) has 40,938 residents, 14,654 households, a renter share of 31.6%, median household income of $84,425, and ACS 2023 median gross rent of $1,642. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 80221?

ACS counts 147 units in 2-unit buildings, 329 in 3–4 unit buildings, 352 in 5–9, 698 in 10–19, and 1,006 in 20–49. Combined 2–49 unit stock is 2,532 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 80221?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,000. See the full schedule and 90–110% payment-standard band on the ZIP 80221 — Denver, CO HUD Section 8 Payment Standards / SAFMR.

Does this Colorado ZIP profile include Georgia listings?

No. ZIP 80221 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.