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HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in El Paso County, Colorado (FY 2026)

A two-bedroom in El Paso County carries a FY 2026 Fair Market Rent of $1,735 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in El Paso keys off that figure.

2 bedroom FMR

$1,735

FY 2026, utilities included

Payment standard range

$1,562 to $1,909

90% to 110% of FMR

Income to afford 2BR

$69,400

per year, at 30% of income

Rank in Colorado

16th of 64

by 2BR FMR

FY 2027 published

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in El Paso moves to $1,621. That's down 7%. The full FY 2027 table is in the history section below.

Market check

Two-bedrooms in Colorado Springs are asking $1,726. HUD says $1,735.

The two are within a couple percent of each other. Median asking rent across 19 Colorado Springs ZIP codes with active 2BR listings. FMR includes utilities and asking rents usually don't, so the true gap is a little smaller.

Comps for a specific address

A rent estimate built from nearby listings, next to the HUD number.

FY 2026 Fair Market Rents

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$1,196$1,076 to $1,316$47,840$23.00/hr-1.9%
1 bedroom$1,464$1,318 to $1,610$58,560$28.15/hr-0.5%
2 bedroom$1,735$1,562 to $1,909$69,400$33.37/hr-2.4%
3 bedroom$2,413$2,172 to $2,654$96,520$46.40/hr-3.1%
4 bedroom$2,744$2,470 to $3,018$109,760$52.77/hr-3.6%
5 to 8 bedrooms (PropMetrics estimates)

HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$3,156$2,840 to $3,472
6 bedroom Estimate$3,567$3,210 to $3,924
7 bedroom Estimate$3,979$3,581 to $4,377
8 bedroom Estimate$4,390$3,951 to $4,829

Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov

Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In El Paso, that runs from $1,196 for a studio up to $2,744 for four bedrooms, all five rates in the table above.

El Paso is its own HUD metro area (Colorado Springs, CO), so the rate here is set from rents inside the county rather than a wider region.

Among Colorado's 64 counties, El Paso ranks 16th for two-bedroom FMR. That's about 39% above the state median of $1,247 and about 70% above the national median county at $1,018. About 730,323 people live here, 1st in the state.

Rates by ZIP code

Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,120 in 80833 (Rush) and $2,600 in 80927 (Colorado Springs), with the 57 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.

ZIPCity2BR ratevs county
80132Monument$2,320+33.7%
80133Palmer Lake$1,810+4.3%
80808Calhan$1,130-34.9%
80809Cascade$2,010+15.9%
80817Fountain$1,940+11.8%
80819Green Mountain Falls$1,530-11.8%
80829Manitou Springs$1,290-25.6%
80831Peyton$2,530+45.8%
80832Ramah$1,190-31.4%
80833Rush$1,120-35.4%
80840Usaf Academy$2,320+33.7%
80841Usaf Academy$1,740+0.3%
80864Yoder$1,610-7.2%
80901Colorado Springs$1,740+0.3%
80902Colorado Springs$2,200+26.8%
80903Colorado Springs$1,620-6.6%
80904Colorado Springs$1,530-11.8%
80905Colorado Springs$1,540-11.2%
80906Colorado Springs$1,880+8.4%
80907Colorado Springs$1,430-17.6%
80908Colorado Springs$1,900+9.5%
80909Colorado Springs$1,500-13.5%
80910Colorado Springs$1,590-8.4%
80911Colorado Springs$1,810+4.3%
80912Colorado Springs$1,740+0.3%
80913Colorado Springs$2,080+19.9%
80914Colorado Springs$2,110+21.6%
80915Colorado Springs$1,570-9.5%
80916Colorado Springs$1,650-4.9%
80917Colorado Springs$1,550-10.7%
80918Colorado Springs$1,790+3.2%
80919Colorado Springs$1,910+10.1%
80920Colorado Springs$2,150+23.9%
80921Colorado Springs$2,310+33.1%
80922Colorado Springs$2,130+22.8%
80923Colorado Springs$2,140+23.3%
80924Colorado Springs$2,400+38.3%
80925Colorado Springs$2,430+40.1%
80926Colorado Springs$1,710-1.4%
80927Colorado Springs$2,600+49.9%

What a voucher pays here

The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in El Paso somewhere between $1,562 and $1,909. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.

$1,735 a month is affordable, by HUD's 30% rule, on an income of roughly $69,400 a year. Put another way, $33 an hour full time.

Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.

Monthly household incomeTenant pays (30%)HAP at 90% ($1,562)HAP at 100% ($1,735)HAP at 110% ($1,909)
$2,500$750$812$985$1,159
$4,000$1,200$362$535$709

Rate history

The two-bedroom rate went down 2% from FY 2025 ($1,778) to FY 2026 ($1,735). Since FY 2020 it's up 52% in total, about 7.2% a year. The Colorado median held flat over the same year.

YearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$743$897$1,141$1,646$2,003
FY 2021$797$949$1,200$1,717$2,078+5.2%
FY 2022$885$1,033$1,302$1,849$2,229+8.5%
FY 2023$1,020$1,183$1,484$2,109$2,528+14.0%
FY 2024$1,190$1,408$1,734$2,444$2,875+16.8%
FY 2025$1,219$1,472$1,778$2,491$2,846+2.5%
FY 2026$1,196$1,464$1,735$2,413$2,744-2.4%
FY 2027$1,129$1,380$1,621$2,245$2,574-6.6%

Nearby counties

Get next year's El Paso County rates the day they publish

HUD updates Fair Market Rents every October. One email a year, no newsletter.

Questions people ask

$1,735 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,196 for a studio, $1,464 for one bedroom, $2,413 for three and $2,744 for four.

Tools for this county

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