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Colorado · FIPS 08041 · HUD FY 2027

El Paso County, Colorado Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in El Paso County is $1,621 a month (rent plus utilities), 15% below the Colorado average of $1,916 and 8% below the U.S. average of $1,761. That is down $114 (6.6%) from FY 2026. At 30% of income, a household needs about $64,840 a year to afford it.

  • $1,6212-bedroom FMR−$114 (−6.6%) vs FY 2026
  • $1,3801-bedroom FMRColorado: $1,606 · U.S.: $1,478
  • $64,840Income for a 2-bedroom$31/hour full-time
  • 24 of 642BR rank in Colorado1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,621/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
El Paso County FMR$1,621$64,840–
Colorado average$1,916$76,623–
U.S. average$1,761$70,432–
El Paso County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitEl Paso County FY 2027FY 2026ChangeColorado avgU.S. avgIncome needed
Studio$1,129$1,196−$67 (−5.6%)$1,497$1,379$45,160
1 bedroom$1,380$1,464−$84 (−5.7%)$1,606$1,478$55,200
2 bedrooms$1,621$1,735−$114 (−6.6%)$1,916$1,761$64,840
3 bedrooms$2,245$2,413−$168 (−7.0%)$2,538$2,266$89,800
4 bedrooms$2,574$2,744−$170 (−6.2%)$2,884$2,607$102,960

How El Paso County compares

  • HUD sets this rent for the Colorado Springs, CO metro FMR area, which covers 742,999 residents in 1 county.
  • Across Colorado, 2-bedroom FMRs run from $1,014 (Sedgwick County) to $2,766 (Summit County).
  • Studio to 4-bedroom: $1,129, $1,380, $1,621, $2,245, $2,574. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 41 ZIP codes mostly in El Paso County (by land area), the 2-bedroom figure ranges from $1,020 to $2,430.

Small Area FMRs by ZIP code in El Paso County

FY 2027 Small Area Fair Market Rents, ZIP codes in El Paso County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
80132$1,480$1,810$2,130$2,950$3,380−$190 (−8.2%)31% above
80133$1,290$1,580$1,850$2,560$2,940+$40 (+2.2%)14% above
80808$710$870$1,020$1,420$1,620−$110 (−9.7%)37% below
80809$1,350$1,650$1,940$2,690$3,080−$70 (−3.5%)20% above
80817$1,210$1,480$1,750$2,430$2,770−$190 (−9.8%)8% above
80819$1,010$1,240$1,450$2,010$2,300−$80 (−5.2%)11% below
80829$840$1,030$1,210$1,680$1,920−$80 (−6.2%)25% below
80831$1,620$1,980$2,330$3,230$3,700−$200 (−7.9%)44% above
80840$1,510$1,850$2,170$3,000$3,450−$150 (−6.5%)34% above
80864$990$1,200$1,450$2,030$2,320−$160 (−9.9%)11% below
80902$1,430$1,750$2,050$2,840$3,260−$150 (−6.8%)26% above
80903$1,070$1,310$1,540$2,130$2,450−$80 (−4.9%)5% below
80904$990$1,210$1,420$1,970$2,250−$110 (−7.2%)12% below
80905$1,000$1,230$1,440$1,990$2,290−$100 (−6.5%)11% below
80906$1,170$1,440$1,700$2,350$2,680−$180 (−9.6%)5% above
80907$940$1,150$1,350$1,870$2,140−$80 (−5.6%)17% below
80908$1,180$1,390$1,710$2,420$2,840−$190 (−10.0%)5% above
80909$990$1,210$1,420$1,970$2,250−$80 (−5.3%)12% below
80910$1,040$1,280$1,500$2,080$2,380−$90 (−5.7%)7% below
80911$1,160$1,420$1,670$2,310$2,650−$140 (−7.7%)3% above
80913$1,320$1,610$1,890$2,620$3,010−$190 (−9.1%)17% above
80914$1,310$1,540$1,900$2,680$3,150−$210 (−10.0%)17% above
80915$1,030$1,260$1,480$2,050$2,350−$90 (−5.7%)9% below
80916$1,090$1,330$1,560$2,160$2,480−$90 (−5.5%)4% below
80917$1,020$1,240$1,460$2,020$2,320−$90 (−5.8%)10% below
80918$1,200$1,460$1,720$2,380$2,730−$70 (−3.9%)6% above
80919$1,250$1,520$1,790$2,480$2,840−$120 (−6.3%)10% above
80920$1,370$1,680$1,970$2,730$3,130−$180 (−8.4%)22% above
80921$1,480$1,800$2,120$2,940$3,370−$190 (−8.2%)31% above
80922$1,370$1,680$1,970$2,730$3,130−$160 (−7.5%)22% above
80923$1,360$1,670$1,960$2,710$3,110−$180 (−8.4%)21% above
80924$1,480$1,800$2,160$3,030$3,460−$240 (−10.0%)33% above
80925$1,590$1,940$2,280$3,160$3,620−$150 (−6.2%)41% above
80926$1,070$1,330$1,540$2,150$2,460−$170 (−9.9%)5% below
80927$1,690$2,070$2,430$3,360$3,860−$170 (−6.5%)50% above
80928$1,140$1,390$1,640$2,280$2,590−$180 (−9.9%)1% above
80929$1,470$1,800$2,110$2,930$3,360−$160 (−7.0%)30% above
80930$1,430$1,750$2,050$2,840$3,260−$120 (−5.5%)26% above
80938$1,530$1,870$2,200$3,050$3,500−$190 (−7.9%)36% above
80939$1,460$1,780$2,090$2,900$3,320+$350 (+20.1%)29% above
80951$1,480$1,800$2,120$2,940$3,370−$200 (−8.6%)31% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Colorado counties · How HUD sets these rents