HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Kit Carson County, Colorado (FY 2027)
$1,241 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Kit Carson County, and it's the baseline every voucher in Kit Carson is measured against.
Two-bedroom FMR
$1,241
+13.5% from FY 2026
Payment standard
$1,117–$1,365
90% to 110% of the FMR, two-bedroom
Income to afford
$49,640
a year, with rent at 30% of income
Rank in Colorado
46th 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 | $922 | $830–$1,014 | $36,880 | $17.73/hr | +11.4% |
| 1 bedroom | $1,058 | $952–$1,164 | $42,320 | $20.35/hr | +27.0% |
| 2 bedroom | $1,241 | $1,117–$1,365 | $49,640 | $23.87/hr | +13.5% |
| 3 bedroom | $1,479 | $1,331–$1,627 | $59,160 | $28.44/hr | +12.8% |
| 4 bedroom | $1,927 | $1,734–$2,120 | $77,080 | $37.06/hr | +12.4% |
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 | $2,216 | $1,994–$2,438 |
| 6 bedroom Estimate | $2,505 | $2,255–$2,756 |
| 7 bedroom Estimate | $2,794 | $2,515–$3,073 |
| 8 bedroom Estimate | $3,083 | $2,775–$3,391 |
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 Kit Carson actually rent for?
Search any address in Kit Carson 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 Kit Carson somewhere between $1,117 and $1,365. 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.
$1,241 a month is affordable, by HUD's 30% rule, on an income of roughly $49,640 a year. Put another way, $24 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%$1,117 | Voucher pays at 100%$1,241 | Voucher pays at 110%$1,365 |
|---|---|---|---|---|
| $2,500 | $750 | $367 | $491 | $615 |
| $4,000 | $1,200 | $0 | $41 | $165 |
Rate history
The two-bedroom rate went up 14% from FY 2026 ($1,093) to FY 2027 ($1,241). Since FY 2020 it's up 70% in total, about 7.9% 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 | $549 | $553 | $728 | $997 | $1,278 | — |
| FY 2021 | $649 | $653 | $861 | $1,149 | $1,491 | +18.3% |
| FY 2022 | $754 | $759 | $999 | $1,249 | $1,604 | +16.0% |
| FY 2023 | $811 | $816 | $1,061 | $1,291 | $1,785 | +6.2% |
| FY 2024 | $888 | $893 | $1,174 | $1,420 | $1,786 | +10.7% |
| FY 2025 | $819 | $824 | $1,081 | $1,302 | $1,644 | -7.9% |
| FY 2026 | $828 | $833 | $1,093 | $1,311 | $1,714 | +1.1% |
| FY 2027In effect | $922 | $1,058 | $1,241 | $1,479 | $1,927 | +13.5% |
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 Kit Carson, that runs from $922 for a studio up to $1,927 for four bedrooms, all five rates in the table above.
Because Kit Carson 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, Bethune included.
Among Colorado's 64 counties, Kit Carson ranks 46th for two-bedroom FMR. That's about 10% below the state median of $1,375 and about 17% above the national median county at $1,063. About 7,023 people live here, 43rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,090 in 80861 (Vona) and $1,340 in 80807 (Burlington), with the 6 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.
Nearby counties
Two-bedroom FMR, with how each compares to Kit Carson.
Cheyenne County
35 mi · 1,741 people
$1,167
-6%
Yuma County
41 mi · 9,979 people
$1,132
-9%
Lincoln County
47 mi · 5,550 people
$1,070
-14%
Washington County
49 mi · 4,831 people
$1,297
+5%
Kiowa County
61 mi · 1,376 people
$1,319
+6%
Elbert County
86 mi · 27,874 people
$2,169
+75%
Prowers County
86 mi · 11,910 people
$1,050
-15%
Morgan County
91 mi · 29,520 people
$1,261
+2%
Questions people ask
$1,241 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $922 for a studio, $1,058 for one bedroom, $1,479 for three and $1,927 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 Kit Carson actually go for?
HUD's number is one input. Search any address in Kit Carson for a rent estimate built from nearby comps. Free to start, no card.
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