Colorado · FIPS 08017 · HUD FY 2027
Cheyenne County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cheyenne County is $1,167 a month (rent plus utilities), 39% below the Colorado average of $1,916 and 34% below the U.S. average of $1,761. That is up $123 (11.8%) from FY 2026. At 30% of income, a household needs about $46,680 a year to afford it.
- $1,1672-bedroom FMR+$123 (+11.8%) vs FY 2026
- $8981-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $46,680Income for a 2-bedroom$22/hour full-time
- 50 of 642BR rank in Colorado1 = highest rent
| Unit | Cheyenne County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $867 | $790 | +$77 (+9.7%) | $1,497 | $1,379 | $34,680 |
| 1 bedroom | $898 | $796 | +$102 (+12.8%) | $1,606 | $1,478 | $35,920 |
| 2 bedrooms | $1,167 | $1,044 | +$123 (+11.8%) | $1,916 | $1,761 | $46,680 |
| 3 bedrooms | $1,545 | $1,343 | +$202 (+15.0%) | $2,538 | $2,266 | $61,800 |
| 4 bedrooms | $1,812 | $1,637 | +$175 (+10.7%) | $2,884 | $2,607 | $72,480 |
How Cheyenne County compares
- Cheyenne 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: $867, $898, $1,167, $1,545, $1,812. 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 4 ZIP codes mostly in Cheyenne County (by land area), the 2-bedroom figure ranges from $1,010 to $1,240.
Small Area FMRs by ZIP code in Cheyenne County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 80802 | $920 | $1,000 | $1,240 | $1,620 | $1,910 | +$140 (+12.7%) | 6% above |
| 80810 | $880 | $910 | $1,180 | $1,560 | $1,830 | +$130 (+12.4%) | 1% above |
| 80825 | $750 | $780 | $1,010 | $1,350 | $1,580 | +$40 (+4.1%) | 13% below |
| 80862 | $760 | $810 | $1,030 | $1,360 | $1,600 | +$40 (+4.0%) | 12% 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.