Housing market/Colorado/ZIP 80909

ACS 2023 · FY2027 SAFMR

ZIP 80909 Colorado Springs, Colorado

Colorado Springs, CO HUD Metro FMR Area · Colorado. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
36,171
Households
15,941
Median HH income
$61,777
Renter share
46.1%
Median gross rent
$1,227
Vacancy
3.8%
Pop. change
-7.5%
2BR SAFMR
$1,420
SAFMR / rent
1.157×
2–49 unit stock
4,837
LIHTC proj / units
3 / 202
HUD assisted MF
3 / 148

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 80909 · CO — sent to you.

ZIP 80909 · CO

ACS median rent$1,227
2BR SAFMR$1,420
90% floor$1,278
110% ceiling$1,562

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

Housing stock

ACS 2023 units-in-structure · ZCTA 80909

  • 1-unit detached10,07060.8%
  • 1-unit attached4362.6%
  • 2–4 units1,2267.4%
  • 5–49 units3,61121.8%
  • 50+ units1,0056.1%
  • Mobile2241.4%
TypeUnitsShare
1-unit detached10,07060.8%
1-unit attached4362.6%
2 units (duplex)3101.9%
3–4 units9165.5%
5–9 units7834.7%
10–19 units1,4458.7%
20–49 units1,3838.3%
50+ units1,0056.1%
Mobile2241.4%

2–4 unit share 7.4% · 5–49 unit share 21.8% · combined 2–49 29.2%.

Units by bedrooms

Studio
568
1BR
2,773
2BR
4,321
3BR
4,593
4BR
2,908
5+
1,409

Rent burden

Rent ≥30% of income54.3%
Rent ≥50% of income31.6%
  • ACS median gross rent $1,227 (all bedrooms, occupied rentals).
  • Median contract rent $1,102.
  • Renters paying ≥30% of income 54.3%; ≥50% 31.6%.
  • FY2027 2BR SAFMR $1,420 (1.157× ACS median gross rent).

Population

36,171 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.5%.

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

Assisted inventory

  • LIHTC: 3 projects, 202 units.
  • HUD project-based assisted MF: 3 properties, 148 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,804 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 80909 46.1% of occupied households are renters; vacancy is 3.8%; ACS median gross rent is $1,227; population changed -7.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,226 units in 2–4-unit structures and 3,611 units in 5–49-unit structures; 3 LIHTC projects totaling 202 units; FY2027 2BR SAFMR is $1,420 versus ACS median gross rent of $1,227. 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 80909 is a Census / HUD profile for Colorado Springs, 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 80909?

ZIP 80909 (Colorado Springs, CO HUD Metro FMR Area) has 36,171 residents, 15,941 households, a renter share of 46.1%, median household income of $61,777, and ACS 2023 median gross rent of $1,227. Vacancy is 3.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 80909?

ACS counts 310 units in 2-unit buildings, 916 in 3–4 unit buildings, 783 in 5–9, 1,445 in 10–19, and 1,383 in 20–49. Combined 2–49 unit stock is 4,837 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 80909?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 80909 — Colorado Springs, CO HUD Section 8 Payment Standards / SAFMR.

Does this Colorado ZIP profile include Georgia listings?

No. ZIP 80909 is Census / HUD research for Colorado Springs, CO HUD Metro FMR Area. 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.