Colorado · FIPS 08015 · HUD FY 2027
Chaffee County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Chaffee County is $1,755 a month (rent plus utilities), 8% below the Colorado average of $1,916 and about the same as the U.S. average of $1,761. That is up $289 (19.7%) from FY 2026. At 30% of income, a household needs about $70,200 a year to afford it.
- $1,7552-bedroom FMR+$289 (+19.7%) vs FY 2026
- $1,3421-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $70,200Income for a 2-bedroom$34/hour full-time
- 20 of 642BR rank in Colorado1 = highest rent
| Unit | Chaffee County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,304 | $1,110 | +$194 (+17.5%) | $1,497 | $1,379 | $52,160 |
| 1 bedroom | $1,342 | $1,117 | +$225 (+20.1%) | $1,606 | $1,478 | $53,680 |
| 2 bedrooms | $1,755 | $1,466 | +$289 (+19.7%) | $1,916 | $1,761 | $70,200 |
| 3 bedrooms | $2,362 | $2,039 | +$323 (+15.8%) | $2,538 | $2,266 | $94,480 |
| 4 bedrooms | $2,725 | $2,298 | +$427 (+18.6%) | $2,884 | $2,607 | $109,000 |
How Chaffee County compares
- Chaffee 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: $1,304, $1,342, $1,755, $2,362, $2,725. 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 6 ZIP codes mostly in Chaffee County (by land area), the 2-bedroom figure ranges from $1,580 to $1,820.
Small Area FMRs by ZIP code in Chaffee County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 81201 | $1,350 | $1,390 | $1,820 | $2,450 | $2,830 | +$200 (+12.3%) | 4% above |
| 81211 | $1,260 | $1,290 | $1,690 | $2,270 | $2,620 | +$380 (+29.0%) | 4% below |
| 81227 | $1,350 | $1,390 | $1,820 | $2,450 | $2,830 | +$200 (+12.3%) | 4% above |
| 81228 | $1,170 | $1,210 | $1,580 | $2,070 | $2,450 | +$200 (+14.5%) | 10% below |
| 81236 | $1,310 | $1,350 | $1,760 | $2,370 | $2,730 | +$290 (+19.7%) | about the same as |
| 81242 | $1,260 | $1,290 | $1,690 | $2,270 | $2,620 | +$430 (+34.1%) | 4% below |
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.