Housing market/Colorado/ZIP 80204

ACS 2023 · FY2027 SAFMR

ZIP 80204 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
35,518
Households
16,993
Median HH income
$79,265
Renter share
61.1%
Median gross rent
$1,724
Vacancy
7.5%
Pop. change
+4.2%
2BR SAFMR
$2,260
SAFMR / rent
1.311×
2–49 unit stock
4,207
LIHTC proj / units
34 / 2,799
HUD assisted MF
10 / 920

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 80204 · CO — sent to you.

ZIP 80204 · CO

ACS median rent$1,724
2BR SAFMR$2,260
90% floor$2,034
110% ceiling$2,486

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

Housing stock

ACS 2023 units-in-structure · ZCTA 80204

  • 1-unit detached5,17228.2%
  • 1-unit attached2,90815.8%
  • 2–4 units1,0075.5%
  • 5–49 units3,20017.4%
  • 50+ units6,05333.0%
  • Mobile140.1%
TypeUnitsShare
1-unit detached5,17228.1%
1-unit attached2,90815.8%
2 units (duplex)3011.6%
3–4 units7063.8%
5–9 units6513.5%
10–19 units1,2256.7%
20–49 units1,3247.2%
50+ units6,05332.9%
Mobile140.1%

2–4 unit share 5.5% · 5–49 unit share 17.4% · combined 2–49 22.9%.

Units by bedrooms

Studio
1,654
1BR
4,763
2BR
6,808
3BR
3,377
4BR
1,535
5+
241

Rent burden

Rent ≥30% of income45.5%
Rent ≥50% of income20.8%
  • ACS median gross rent $1,724 (all bedrooms, occupied rentals).
  • Median contract rent $1,659.
  • Renters paying ≥30% of income 45.5%; ≥50% 20.8%.
  • FY2027 2BR SAFMR $2,260 (1.311× ACS median gross rent).

Population

35,518 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: 34 projects, 2,799 units.
  • HUD project-based assisted MF: 10 properties, 920 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,688 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 80204 61.1% of occupied households are renters; vacancy is 7.5%; ACS median gross rent is $1,724; population increased +4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,007 units in 2–4-unit structures and 3,200 units in 5–49-unit structures; 34 LIHTC projects totaling 2,799 units; FY2027 2BR SAFMR is $2,260 versus ACS median gross rent of $1,724. 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 80204 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 80204?

ZIP 80204 (Denver-Aurora-Centennial, CO MSA) has 35,518 residents, 16,993 households, a renter share of 61.1%, median household income of $79,265, and ACS 2023 median gross rent of $1,724. Vacancy is 7.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 80204?

ACS counts 301 units in 2-unit buildings, 706 in 3–4 unit buildings, 651 in 5–9, 1,225 in 10–19, and 1,324 in 20–49. Combined 2–49 unit stock is 4,207 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 80204?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,260. See the full schedule and 90–110% payment-standard band on the ZIP 80204 — Denver, CO HUD Section 8 Payment Standards / SAFMR.

Does this Colorado ZIP profile include Georgia listings?

No. ZIP 80204 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.