HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Hinsdale County, Colorado (FY 2027)
A two-bedroom in Hinsdale County carries a FY 2027 Fair Market Rent of $1,316 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Hinsdale keys off that figure.
Two-bedroom FMR
$1,316
+14.9% from FY 2026
Payment standard
$1,184–$1,448
90% to 110% of the FMR, two-bedroom
Income to afford
$52,640
a year, with rent at 30% of income
Rank in Colorado
37th 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 | $978 | $880–$1,076 | $39,120 | $18.81/hr | +12.8% |
| 1 bedroom | $1,013 | $912–$1,114 | $40,520 | $19.48/hr | +16.0% |
| 2 bedroom | $1,316 | $1,184–$1,448 | $52,640 | $25.31/hr | +14.9% |
| 3 bedroom | $1,696 | $1,526–$1,866 | $67,840 | $32.62/hr | +16.1% |
| 4 bedroom | $2,044 | $1,840–$2,248 | $81,760 | $39.31/hr | +13.9% |
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 | $2,351 | $2,116–$2,586 |
| 6 bedroom Estimate | $2,657 | $2,391–$2,923 |
| 7 bedroom Estimate | $2,964 | $2,668–$3,260 |
| 8 bedroom Estimate | $3,270 | $2,943–$3,597 |
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 Hinsdale actually rent for?
Search any address in Hinsdale for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Hinsdale somewhere between $1,184 and $1,448. 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.
$1,316 a month is affordable, by HUD's 30% rule, on an income of roughly $52,640 a year. Put another way, $25 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%$1,184 | Voucher pays at 100%$1,316 | Voucher pays at 110%$1,448 |
|---|---|---|---|---|
| $2,500 | $750 | $434 | $566 | $698 |
| $4,000 | $1,200 | $0 | $116 | $248 |
Rate history
The two-bedroom rate went up 15% from FY 2026 ($1,145) to FY 2027 ($1,316). Since FY 2020 it's up 71% in total, about 8.0% 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 | $552 | $676 | $769 | $1,049 | $1,193 | — |
| FY 2021 | $603 | $725 | $826 | $1,121 | $1,300 | +7.4% |
| FY 2022 | $791 | $818 | $932 | $1,244 | $1,497 | +12.8% |
| FY 2023 | $800 | $862 | $974 | $1,274 | $1,573 | +4.5% |
| FY 2024 | $893 | $928 | $1,137 | $1,461 | $1,831 | +16.7% |
| FY 2025 | $857 | $864 | $1,100 | $1,405 | $1,759 | -3.3% |
| FY 2026 | $867 | $873 | $1,145 | $1,461 | $1,795 | +4.1% |
| FY 2027In effect | $978 | $1,013 | $1,316 | $1,696 | $2,044 | +14.9% |
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 Hinsdale, that runs from $978 for a studio up to $2,044 for four bedrooms, all five rates in the table above.
Because Hinsdale 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, Lake City included.
Among Colorado's 64 counties, Hinsdale ranks 37th for two-bedroom FMR. That's about 4% below the state median of $1,375 and about 24% above the national median county at $1,063. About 1,005 people live here, 62nd in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in Hinsdale, the two-bedroom rate is $1,320 across the board, so there's no ZIP-level story here.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 81235 | Lake City | $1,320 | +0.3% |
Nearby counties
Two-bedroom FMR, with how each compares to Hinsdale.
Ouray County
23 mi · 5,087 people
$1,640
+25%
San Juan County
23 mi · 724 people
$1,344
+2%
Mineral County
24 mi · 729 people
$1,485
+13%
San Miguel County
48 mi · 7,968 people
$1,631
+24%
Gunnison County
52 mi · 17,241 people
$1,437
+9%
Montrose County
58 mi · 43,807 people
$1,321
same rate
Archuleta County
59 mi · 13,900 people
$1,542
+17%
Rio Grande County
60 mi · 11,321 people
$1,220
-7%
Questions people ask
$1,316 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $978 for a studio, $1,013 for one bedroom, $1,696 for three and $2,044 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 Hinsdale actually go for?
HUD's number is one input. Search any address in Hinsdale for a rent estimate built from nearby comps. Free to start, no card.
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