Fair market rents · FY 2027 · effective October 1, 2026
Colorado fair market rents, FY 2027
The 2-bedroom Fair Market Rent in the median Colorado county is $1,375 a month for FY 2027, from $1,014 to $2,766 across the state. The typical county moved +8.6% from FY 2026 and +29.8% over five years; weighted by population, the state average moved +2.7%. The most populous HUD area, Denver-Aurora-Centennial, CO, is at $2,169 for a 2-bedroom.
FMRs are HUD's estimate of the 40th percentile gross rent (rent plus utilities) paid by recent movers into standard-quality units. Housing agencies set voucher payment standards from them. Source: HUD FY 2027 FMR file, 91 FR 56156 (published September 1, 2026). This site is not HUD.
| FY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2BR | $1,132 | $1,231 | $1,304 | $1,358 | $1,415 | $1,493 | $1,648 | $1,915 | $1,881 | $1,865 | $1,916 |
ZIP-level rents required: Colorado Springs, CO is a mandatory Small Area FMR metro, so voucher payment standards there come from the ZIP figure, not the area figure below. Use the ZIP lookup, or see all 65 mandatory metros.
Every HUD rent area in Colorado, FY 2027
55 HUD FMR areas cover 64 counties; 8 are metro areas. Monthly gross rent by bedroom count. The trend line is the 2-bedroom FMR from FY 2017 to FY 2027 for the most populous member.
Biggest one-year move up: Jackson County, CO, +50.2%. Biggest move down: Colorado Springs, CO, −6.6%. HUD caps a one-year drop at 10%.
| HUD area | Studio | 1BR | 2BR | 3BR | 4BR | 1 yr | 5 yr | FY17 to FY27 |
|---|---|---|---|---|---|---|---|---|
| Alamosa County | 853 | 949 | 1,149 | 1,570 | 1,920 | +15.0% | +18.7% | |
| Archuleta County | 1,253 | 1,260 | 1,542 | 2,135 | 2,577 | +15.3% | +30.1% | |
| Baca County | 753 | 775 | 1,014 | 1,404 | 1,575 | +4.2% | +33.9% | |
| Bent County | 854 | 879 | 1,150 | 1,592 | 1,786 | +12.9% | +31.1% | |
| Boulder | 1,520 | 1,735 | 2,033 | 2,703 | 3,146 | −4.3% | +16.3% | |
| Chaffee County | 1,304 | 1,342 | 1,755 | 2,362 | 2,725 | +19.7% | +63.4% | |
| Cheyenne County | 867 | 898 | 1,167 | 1,545 | 1,812 | +11.8% | +54.2% | |
| Colorado SpringsZ | 1,129 | 1,380 | 1,621 | 2,245 | 2,574 | −6.6% | +24.5% | |
| Conejos County | 753 | 922 | 1,014 | 1,390 | 1,395 | +4.2% | +25.0% | |
| Costilla County | 753 | 781 | 1,014 | 1,404 | 1,575 | +4.2% | +11.7% | |
| Crowley County | 1,044 | 1,074 | 1,405 | 1,674 | 2,182 | +9.0% | +48.2% | |
| Custer County | 893 | 970 | 1,202 | 1,432 | 1,867 | +8.1% | +21.4% | |
| Delta County | 940 | 972 | 1,266 | 1,753 | 2,105 | +13.6% | +16.6% | |
| Denver-Aurora-Centennial10 counties | 1,751 | 1,831 | 2,169 | 2,846 | 3,183 | +3.8% | +30.7% | |
| Dolores County | 989 | 1,224 | 1,332 | 1,716 | 2,068 | +19.5% | +45.7% | |
| Eagle County | 1,815 | 1,993 | 2,607 | 3,106 | 4,357 | +9.6% | +34.1% | |
| Fort Collins-Loveland | 1,551 | 1,589 | 1,759 | 2,379 | 2,576 | +1.6% | +23.8% | |
| Fremont County | 1,067 | 1,098 | 1,436 | 1,794 | 2,230 | +15.4% | +40.9% | |
| Garfield County | 1,240 | 1,387 | 1,781 | 2,466 | 2,477 | +11.0% | +28.4% | |
| Grand County | 1,370 | 1,464 | 1,844 | 2,197 | 2,617 | +25.0% | +44.2% | |
| Grand Junction | 893 | 1,017 | 1,282 | 1,775 | 2,143 | +2.6% | +25.0% | |
| Greeley | 1,240 | 1,307 | 1,647 | 2,281 | 2,753 | +5.4% | +29.5% | |
| Gunnison County | 1,222 | 1,276 | 1,437 | 1,990 | 2,231 | +7.7% | +19.9% | |
| Hinsdale County | 978 | 1,013 | 1,316 | 1,696 | 2,044 | +14.9% | +41.2% | |
| Huerfano County | 829 | 859 | 1,116 | 1,438 | 1,733 | +10.2% | +14.0% | |
| Jackson County | 1,103 | 1,143 | 1,485 | 1,913 | 2,306 | +50.2% | +68.4% | |
| Kiowa County | 980 | 1,015 | 1,319 | 1,700 | 2,048 | +15.1% | +53.9% | |
| Kit Carson County | 922 | 1,058 | 1,241 | 1,479 | 1,927 | +13.5% | +24.2% | |
| La Plata County | 1,338 | 1,392 | 1,821 | 2,209 | 2,393 | +14.6% | +28.9% | |
| Lake County | 1,103 | 1,143 | 1,485 | 1,913 | 2,306 | +10.6% | +55.0% | |
| Las Animas County | 959 | 1,000 | 1,291 | 1,620 | 1,719 | +11.8% | +31.3% | |
| Lincoln County | 795 | 818 | 1,070 | 1,482 | 1,662 | +5.3% | +8.2% | |
| Logan County | 928 | 955 | 1,249 | 1,650 | 1,707 | +13.4% | +28.4% | |
| Mineral County | 1,103 | 1,143 | 1,485 | 1,913 | 2,306 | +10.6% | +31.0% | |
| Moffat County | 910 | 936 | 1,225 | 1,586 | 1,992 | +5.2% | +20.6% | |
| Montezuma County | 953 | 1,025 | 1,280 | 1,772 | 1,988 | +8.5% | +19.9% | |
| Montrose County | 995 | 1,054 | 1,321 | 1,829 | 2,208 | +13.1% | +29.3% | |
| Morgan County | 937 | 964 | 1,261 | 1,746 | 1,959 | +8.7% | +21.6% | |
| Otero County | 787 | 810 | 1,059 | 1,359 | 1,770 | +8.8% | +13.7% | |
| Ouray County | 1,218 | 1,507 | 1,640 | 2,271 | 2,547 | +7.5% | +5.9% | |
| Phillips County | 845 | 875 | 1,137 | 1,465 | 1,766 | +7.9% | +16.9% | |
| Pitkin County | 1,808 | 2,169 | 2,597 | 3,346 | 4,033 | +17.3% | +40.3% | |
| Prowers County | 780 | 907 | 1,050 | 1,419 | 1,631 | +7.9% | +15.9% | |
| Pueblo | 879 | 978 | 1,263 | 1,611 | 1,891 | −0.5% | +20.1% | |
| Rio Blanco County | 865 | 891 | 1,165 | 1,488 | 1,809 | +15.5% | +17.1% | |
| Rio Grande County | 906 | 939 | 1,220 | 1,454 | 1,895 | +11.5% | +40.9% | |
| Routt County | 2,020 | 2,119 | 2,384 | 2,841 | 3,702 | +17.9% | +48.8% | |
| Saguache County | 787 | 957 | 1,059 | 1,466 | 1,645 | +8.6% | +18.2% | |
| San Juan County | 936 | 1,035 | 1,344 | 1,620 | 2,087 | +9.5% | +18.5% | |
| San Miguel County | 1,136 | 1,377 | 1,631 | 2,258 | 2,533 | −0.9% | −2.5% | |
| Sedgwick County | 753 | 775 | 1,014 | 1,208 | 1,575 | +4.2% | +33.9% | |
| Summit County | 1,926 | 2,114 | 2,766 | 3,296 | 3,749 | +12.1% | +53.9% | |
| Teller County | 1,026 | 1,354 | 1,474 | 2,041 | 2,346 | −1.3% | +19.9% | |
| Washington County | 963 | 991 | 1,297 | 1,545 | 1,705 | +16.4% | +36.2% | |
| Yuma County | 841 | 865 | 1,132 | 1,530 | 1,758 | +6.7% | +12.0% |
Dollars per month, FY 2027 file as published September 1, 2026; rows marked R show FY 2026. "1 yr" compares the FY 2027 2BR with FY 2026, "5 yr" with FY 2022. HUD's methods changed over these years, so part of any move is method, not market. Area names are HUD's.
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We'll write once when HUD publishes FY 2028 Fair Market Rents, or revised FY 2027 figures, for your ZIP's HUD area in Colorado. HUD's FY 2028 starts October 1, 2027.
Using these numbers on a rental
The FMR sets the range for voucher payments; it is not a rent estimate for your unit. A housing agency picks a payment standard between 90% and 110% of it, then checks your asking rent against similar unassisted units nearby. Both figures cover rent plus utilities, so the agency's allowance for any utilities the tenant pays comes off the top.
Take a 2-bedroom at $1,375, a payment standard at 100% of FMR, and a $150 utility allowance (an example; each agency publishes its own schedule). Then the voucher can cover a contract rent of up to $1,225 ($1,375 minus $150), with the tenant paying the usual 30% of income. How to underwrite with FMR works through the rest.