Colorado · FIPS 08065 · HUD FY 2027
Lake County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lake County is $1,485 a month (rent plus utilities), 22% below the Colorado average of $1,916 and 16% below the U.S. average of $1,761. That is up $142 (10.6%) from FY 2026. At 30% of income, a household needs about $59,400 a year to afford it.
- $1,4852-bedroom FMR+$142 (+10.6%) vs FY 2026
- $1,1431-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $59,400Income for a 2-bedroom$29/hour full-time
- 26 of 642BR rank in Colorado1 = highest rent
| Unit | Lake County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,103 | $1,017 | +$86 (+8.5%) | $1,497 | $1,379 | $44,120 |
| 1 bedroom | $1,143 | $1,024 | +$119 (+11.6%) | $1,606 | $1,478 | $45,720 |
| 2 bedrooms | $1,485 | $1,343 | +$142 (+10.6%) | $1,916 | $1,761 | $59,400 |
| 3 bedrooms | $1,913 | $1,714 | +$199 (+11.6%) | $2,538 | $2,266 | $76,520 |
| 4 bedrooms | $2,306 | $2,106 | +$200 (+9.5%) | $2,884 | $2,607 | $92,240 |
How Lake County compares
- Lake County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Colorado, 2-bedroom FMRs run from $1,014 (Sedgwick County) to $2,766 (Summit County).
- Studio to 4-bedroom: $1,103, $1,143, $1,485, $1,913, $2,306. 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 2 ZIP codes mostly in Lake County (by land area), the 2-bedroom figure ranges from $1,490 to $1,830.
Small Area FMRs by ZIP code in Lake County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 80461 | $1,110 | $1,150 | $1,490 | $1,920 | $2,310 | +$140 (+10.4%) | about the same as |
| 81251 | $1,330 | $1,450 | $1,830 | $2,380 | $2,830 | +$260 (+16.6%) | 23% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.