Housing market/Colorado/ZIP 81321
ZIP 81321 Cortez, Montezuma County, Colorado
Montezuma County, CO · Colorado. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 81321 · CO — sent to you.
ZIP 81321 · CO
ACS rent vs 2BR SAFMR
ZIP 81321 — Cortez, CO HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 81321
- 1-unit detached4,00163.2%
- 1-unit attached861.4%
- 2–4 units66610.5%
- 5–49 units2273.6%
- Mobile1,35221.4%
2–4 unit share 10.5% · 5–49 unit share 3.6% · combined 2–49 14.1%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,010 (all bedrooms, occupied rentals).
- Median contract rent $895.
- Renters paying ≥30% of income 55.1%; ≥50% 22.0%.
- FY2027 2BR SAFMR $1,300 (1.287× ACS median gross rent).
Population
14,278 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 7 projects, 268 units.
- HUD project-based assisted MF: 2 properties, 110 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 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 81321 28.6% of occupied households are renters; vacancy is 10.1%; ACS median gross rent is $1,010; population changed -3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 666 units in 2–4-unit structures and 227 units in 5–49-unit structures; 7 LIHTC projects totaling 268 units; FY2027 2BR SAFMR is $1,300 versus ACS median gross rent of $1,010. 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 81321 is a Census / HUD profile for Montezuma County, CO. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 81321 — Cortez, CO HUD Section 8 Payment Standards / SAFMR·Colorado ZIP directory
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 81321?
ZIP 81321 (Montezuma County, CO) has 14,278 residents, 5,693 households, a renter share of 28.6%, median household income of $59,737, and ACS 2023 median gross rent of $1,010. Vacancy is 10.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 81321?
ACS counts 340 units in 2-unit buildings, 326 in 3–4 unit buildings, 73 in 5–9, 32 in 10–19, and 122 in 20–49. Combined 2–49 unit stock is 893 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 81321?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,300. See the full schedule and 90–110% payment-standard band on the ZIP 81321 — Cortez, CO HUD Section 8 Payment Standards / SAFMR.
Does this Colorado ZIP profile include Georgia listings?
No. ZIP 81321 is Census / HUD research for Montezuma County, CO. 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.