HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Fremont County, Colorado (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Fremont County is $1,436 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,436
+15.4% from FY 2026
Payment standard
$1,292–$1,580
90% to 110% of the FMR, two-bedroom
Income to afford
$57,440
a year, with rent at 30% of income
Rank in Colorado
31st of 64
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,067 | $960–$1,174 | $42,680 | $20.52/hr | +13.3% |
| 1 bedroom | $1,098 | $988–$1,208 | $43,920 | $21.12/hr | +15.8% |
| 2 bedroom | $1,436 | $1,292–$1,580 | $57,440 | $27.62/hr | +15.4% |
| 3 bedroom | $1,794 | $1,615–$1,973 | $71,760 | $34.50/hr | +12.6% |
| 4 bedroom | $2,230 | $2,007–$2,453 | $89,200 | $42.88/hr | +35.4% |
Five to eight 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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,565 | $2,309–$2,822 |
| 6 bedroom Estimate | $2,899 | $2,609–$3,189 |
| 7 bedroom Estimate | $3,234 | $2,911–$3,557 |
| 8 bedroom Estimate | $3,568 | $3,211–$3,925 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Fremont actually rent for?
Search any address in Fremont for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
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 Fremont somewhere between $1,292 and $1,580. 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.
$1,436 a month is affordable, by HUD's 30% rule, on an income of roughly $57,440 a year. Put another way, $28 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,292 | Voucher pays at 100%$1,436 | Voucher pays at 110%$1,580 |
|---|---|---|---|---|
| $2,500 | $750 | $542 | $686 | $830 |
| $4,000 | $1,200 | $92 | $236 | $380 |
Rate history
The two-bedroom rate went up 15% from FY 2026 ($1,244) to FY 2027 ($1,436). Since FY 2020 it's up 83% in total, about 9.0% a year. The Colorado median moved up 10% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $593 | $597 | $786 | $1,121 | $1,202 | — |
| FY 2021 | $675 | $679 | $895 | $1,281 | $1,321 | +13.9% |
| FY 2022 | $769 | $774 | $1,019 | $1,447 | $1,533 | +13.9% |
| FY 2023 | $792 | $798 | $1,050 | $1,492 | $1,646 | +3.0% |
| FY 2024 | $912 | $918 | $1,206 | $1,669 | $1,866 | +14.9% |
| FY 2025 | $883 | $889 | $1,166 | $1,508 | $1,680 | -3.3% |
| FY 2026 | $942 | $948 | $1,244 | $1,593 | $1,647 | +6.7% |
| FY 2027In effect | $1,067 | $1,098 | $1,436 | $1,794 | $2,230 | +15.4% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Fremont, that runs from $1,067 for a studio up to $2,230 for four bedrooms, all five rates in the table above.
Because Fremont sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Canon City included.
Among Colorado's 64 counties, Fremont ranks 31st for two-bedroom FMR. That's about 4% above the state median of $1,375 and about 35% above the national median county at $1,063. About 49,634 people live here, 16th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,290 in 81240 (Penrose) and $2,150 in 81223 (Cotopaxi), with the 10 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 81212 | Canon City | $1,440 | +0.3% |
| 81215 | Canon City | $1,440 | +0.3% |
| 81221 | Coal Creek | $1,410 | -1.8% |
| 81222 | Coaldale | $2,130 | +48.3% |
| 81223 | Cotopaxi | $2,150 | +49.7% |
| 81226 | Florence | $1,340 | -6.7% |
| 81232 | Hillside | $1,440 | +0.3% |
| 81233 | Howard | $1,880 | +30.9% |
| 81240 | Penrose | $1,290 | -10.2% |
| 81244 | Rockvale | $1,290 | -10.2% |
| 81290 | Florence | $1,436County rate | — |
Nearby counties
Two-bedroom FMR, with how each compares to Fremont.
Custer County
19 mi · 5,247 people
$1,202
-16%
Teller County
36 mi · 24,825 people
$1,474
+3%
Saguache County
42 mi · 6,580 people
$1,059
-26%
Pueblo County
43 mi · 169,356 people
$1,263
-12%
Chaffee County
47 mi · 20,178 people
$1,755
+22%
El Paso County
48 mi · 742,999 people
$1,621
+13%
Huerfano County
55 mi · 6,972 people
$1,116
-22%
Park County
59 mi · 17,907 people
$2,169
+51%
Questions people ask
$1,436 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,067 for a studio, $1,098 for one bedroom, $1,794 for three and $2,230 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Fremont actually go for?
HUD's number is one input. Search any address in Fremont for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.