Housing market/Colorado/ZIP 81505
ZIP 81505 Grand Junction, Colorado
Grand Junction, CO MSA · 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 81505 · CO — sent to you.
ZIP 81505 · CO
ACS rent vs 2BR SAFMR
ZIP 81505 — Grand Junction, 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 81505
- 1-unit detached3,73169.6%
- 1-unit attached3686.9%
- 2–4 units2134.0%
- 5–49 units4819.0%
- 50+ units521.0%
- Mobile5169.6%
2–4 unit share 4.0% · 5–49 unit share 8.9% · combined 2–49 12.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,424 (all bedrooms, occupied rentals).
- Median contract rent $1,298.
- Renters paying ≥30% of income 53.3%; ≥50% 23.2%.
- FY2027 2BR SAFMR $1,590 (1.117× ACS median gross rent).
Population
11,959 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +16.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- 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 117 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 81505 30.4% of occupied households are renters; vacancy is 2.6%; ACS median gross rent is $1,424; population increased +16.1% between the 2018 and 2023 ACS vintages; the housing stock includes 213 units in 2–4-unit structures and 481 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,590 versus ACS median gross rent of $1,424. 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 81505 is a Census / HUD profile for Grand Junction, CO. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 81505 — Grand Junction, 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 81505?
ZIP 81505 (Grand Junction, CO MSA) has 11,959 residents, 5,241 households, a renter share of 30.4%, median household income of $87,677, and ACS 2023 median gross rent of $1,424. Vacancy is 2.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 81505?
ACS counts 98 units in 2-unit buildings, 115 in 3–4 unit buildings, 164 in 5–9, 120 in 10–19, and 197 in 20–49. Combined 2–49 unit stock is 694 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 81505?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,590. See the full schedule and 90–110% payment-standard band on the ZIP 81505 — Grand Junction, CO HUD Section 8 Payment Standards / SAFMR.
Does this Colorado ZIP profile include Georgia listings?
No. ZIP 81505 is Census / HUD research for Grand Junction, 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.