Housing market/Colorado/ZIP 80229

ACS 2023 · FY2027 SAFMR

ZIP 80229 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
57,274
Households
19,498
Median HH income
$83,450
Renter share
32.3%
Median gross rent
$1,719
Vacancy
3.1%
Pop. change
+4.2%
2BR SAFMR
$2,090
SAFMR / rent
1.216×
2–49 unit stock
5,012
LIHTC proj / units
6 / 812
HUD assisted MF
3 / 222

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 80229 · CO — sent to you.

ZIP 80229 · CO

ACS median rent$1,719
2BR SAFMR$2,090
90% floor$1,881
110% ceiling$2,299

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

Housing stock

ACS 2023 units-in-structure · ZCTA 80229

  • 1-unit detached10,99054.6%
  • 1-unit attached1,7398.6%
  • 2–4 units4622.3%
  • 5–49 units4,55022.6%
  • 50+ units2941.5%
  • Mobile2,09510.4%
TypeUnitsShare
1-unit detached10,99054.6%
1-unit attached1,7398.6%
2 units (duplex)130.1%
3–4 units4492.2%
5–9 units1,4027.0%
10–19 units1,8939.4%
20–49 units1,2556.2%
50+ units2941.5%
Mobile2,09510.4%

2–4 unit share 2.3% · 5–49 unit share 22.6% · combined 2–49 24.9%.

Units by bedrooms

Studio
255
1BR
2,292
2BR
4,395
3BR
9,216
4BR
2,886
5+
1,086

Rent burden

Rent ≥30% of income50.7%
Rent ≥50% of income26.9%
  • ACS median gross rent $1,719 (all bedrooms, occupied rentals).
  • Median contract rent $1,564.
  • Renters paying ≥30% of income 50.7%; ≥50% 26.9%.
  • FY2027 2BR SAFMR $2,090 (1.216× ACS median gross rent).

Population

57,274 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.2%.

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

Assisted inventory

  • LIHTC: 6 projects, 812 units.
  • HUD project-based assisted MF: 3 properties, 222 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 588 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 80229 32.3% of occupied households are renters; vacancy is 3.1%; ACS median gross rent is $1,719; population increased +4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 462 units in 2–4-unit structures and 4,550 units in 5–49-unit structures; 6 LIHTC projects totaling 812 units; FY2027 2BR SAFMR is $2,090 versus ACS median gross rent of $1,719. 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 80229 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 80229?

ZIP 80229 (Denver-Aurora-Centennial, CO MSA) has 57,274 residents, 19,498 households, a renter share of 32.3%, median household income of $83,450, and ACS 2023 median gross rent of $1,719. Vacancy is 3.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 80229?

ACS counts 13 units in 2-unit buildings, 449 in 3–4 unit buildings, 1,402 in 5–9, 1,893 in 10–19, and 1,255 in 20–49. Combined 2–49 unit stock is 5,012 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 80229?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,090. See the full schedule and 90–110% payment-standard band on the ZIP 80229 — Denver, CO HUD Section 8 Payment Standards / SAFMR.

Does this Colorado ZIP profile include Georgia listings?

No. ZIP 80229 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.