Colorado · FIPS 08113 · HUD FY 2027
San Miguel County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in San Miguel County is $1,631 a month (rent plus utilities), 15% below the Colorado average of $1,916 and 7% below the U.S. average of $1,761. That is down $14 (0.9%) from FY 2026. At 30% of income, a household needs about $65,240 a year to afford it.
- $1,6312-bedroom FMR−$14 (−0.9%) vs FY 2026
- $1,3771-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $65,240Income for a 2-bedroom$31/hour full-time
- 23 of 642BR rank in Colorado1 = highest rent
| Unit | San Miguel County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,136 | $1,245 | −$109 (−8.8%) | $1,497 | $1,379 | $45,440 |
| 1 bedroom | $1,377 | $1,254 | +$123 (+9.8%) | $1,606 | $1,478 | $55,080 |
| 2 bedrooms | $1,631 | $1,645 | −$14 (−0.9%) | $1,916 | $1,761 | $65,240 |
| 3 bedrooms | $2,258 | $2,288 | −$30 (−1.3%) | $2,538 | $2,266 | $90,320 |
| 4 bedrooms | $2,533 | $2,579 | −$46 (−1.8%) | $2,884 | $2,607 | $101,320 |
How San Miguel County compares
- San Miguel 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: $1,136, $1,377, $1,631, $2,258, $2,533. 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 5 ZIP codes mostly in San Miguel County (by land area), the 2-bedroom figure ranges from $1,490 to $1,640.
Small Area FMRs by ZIP code in San Miguel County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 81423 | $1,130 | $1,270 | $1,510 | $2,090 | $2,360 | −$70 (−4.4%) | 7% below |
| 81426 | $1,130 | $1,370 | $1,630 | $2,240 | $2,530 | −$20 (−1.2%) | about the same as |
| 81430 | $1,130 | $1,330 | $1,570 | $2,170 | $2,470 | −$10 (−0.6%) | 4% below |
| 81431 | $1,130 | $1,130 | $1,490 | $2,060 | $2,330 | −$80 (−5.1%) | 9% below |
| 81435 | $1,140 | $1,380 | $1,640 | $2,270 | $2,550 | −$30 (−1.8%) | 1% 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.