Colorado · FIPS 08087 · HUD FY 2027
Morgan County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Morgan County is $1,261 a month (rent plus utilities), 34% below the Colorado average of $1,916 and 28% below the U.S. average of $1,761. That is up $101 (8.7%) from FY 2026. At 30% of income, a household needs about $50,440 a year to afford it.
- $1,2612-bedroom FMR+$101 (+8.7%) vs FY 2026
- $9641-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $50,440Income for a 2-bedroom$24/hour full-time
- 44 of 642BR rank in Colorado1 = highest rent
| Unit | Morgan County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $937 | $878 | +$59 (+6.7%) | $1,497 | $1,379 | $37,480 |
| 1 bedroom | $964 | $884 | +$80 (+9.0%) | $1,606 | $1,478 | $38,560 |
| 2 bedrooms | $1,261 | $1,160 | +$101 (+8.7%) | $1,916 | $1,761 | $50,440 |
| 3 bedrooms | $1,746 | $1,606 | +$140 (+8.7%) | $2,538 | $2,266 | $69,840 |
| 4 bedrooms | $1,959 | $1,824 | +$135 (+7.4%) | $2,884 | $2,607 | $78,360 |
How Morgan County compares
- Morgan 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: $937, $964, $1,261, $1,746, $1,959. 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 7 ZIP codes mostly in Morgan County (by land area), the 2-bedroom figure ranges from $1,050 to $1,890.
Small Area FMRs by ZIP code in Morgan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 80653 | $800 | $800 | $1,050 | $1,450 | $1,650 | −$10 (−0.9%) | 17% below |
| 80654 | $1,480 | $1,580 | $1,890 | $2,470 | $2,750 | −$40 (−2.1%) | 50% above |
| 80701 | $1,480 | $1,580 | $1,890 | $2,470 | $2,750 | −$40 (−2.1%) | 50% above |
| 80705 | $1,000 | $1,030 | $1,350 | $1,870 | $2,100 | +$290 (+27.4%) | 7% above |
| 80723 | $900 | $930 | $1,210 | $1,680 | $1,880 | −$30 (−2.4%) | 4% below |
| 80733 | $1,040 | $1,070 | $1,400 | $1,830 | $2,050 | +$250 (+21.7%) | 11% above |
| 80750 | $990 | $1,020 | $1,330 | $1,790 | $1,970 | +$110 (+9.0%) | 5% 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.