HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Teller County, Colorado (FY 2026)
A two-bedroom in Teller County carries a FY 2026 Fair Market Rent of $1,493 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Teller keys off that figure.
2 bedroom FMR
$1,493
FY 2026, utilities included
Payment standard range
$1,344 to $1,642
90% to 110% of FMR
Income to afford 2BR
$59,720
per year, at 30% of income
Rank in Colorado
23rd of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Teller moves to $1,474. That's down 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Teller actually rent for?
Search any address in Teller for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $1,029 | $926 to $1,132 | $41,160 | $19.79/hr | +2.4% |
| 1 bedroom | $1,362 | $1,226 to $1,498 | $54,480 | $26.19/hr | +2.9% |
| 2 bedroom | $1,493 | $1,344 to $1,642 | $59,720 | $28.71/hr | +1.9% |
| 3 bedroom | $2,076 | $1,868 to $2,284 | $83,040 | $39.92/hr | +1.1% |
| 4 bedroom | $2,505 | $2,255 to $2,756 | $100,200 | $48.17/hr | +1.8% |
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.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,881 | $2,593 to $3,169 |
| 6 bedroom Estimate | $3,257 | $2,931 to $3,583 |
| 7 bedroom Estimate | $3,632 | $3,269 to $3,995 |
| 8 bedroom Estimate | $4,008 | $3,607 to $4,409 |
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 Teller, that runs from $1,029 for a studio up to $2,505 for four bedrooms, all five rates in the table above.
Teller is its own HUD metro area (Teller County, CO), so the rate here is set from rents inside the county rather than a wider region.
Among Colorado's 64 counties, Teller ranks 23rd for two-bedroom FMR. That's about 20% above the state median of $1,247 and about 47% above the national median county at $1,018. About 24,758 people live here, 24th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,320 in 80813 (Cripple Creek) and $1,930 in 80816 (Florissant), 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.
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 Teller somewhere between $1,344 and $1,642. 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.
$1,493 a month is affordable, by HUD's 30% rule, on an income of roughly $59,720 a year. Put another way, $29 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 income | Tenant pays (30%) | HAP at 90% ($1,344) | HAP at 100% ($1,493) | HAP at 110% ($1,642) |
|---|---|---|---|---|
| $2,500 | $750 | $594 | $743 | $892 |
| $4,000 | $1,200 | $144 | $293 | $442 |
Rate history
The two-bedroom rate went up 2% from FY 2025 ($1,465) to FY 2026 ($1,493). Since FY 2020 it's up 34% in total, about 5.0% a year. The Colorado median held flat over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $727 | $847 | $1,116 | $1,610 | $1,858 | — |
| FY 2021 | $761 | $875 | $1,153 | $1,650 | $1,875 | +3.3% |
| FY 2022 | $817 | $962 | $1,229 | $1,746 | $2,104 | +6.6% |
| FY 2023 | $899 | $1,122 | $1,344 | $1,910 | $2,289 | +9.4% |
| FY 2024 | $1,029 | $1,352 | $1,518 | $2,139 | $2,576 | +12.9% |
| FY 2025 | $1,005 | $1,323 | $1,465 | $2,053 | $2,460 | -3.5% |
| FY 2026 | $1,029 | $1,362 | $1,493 | $2,076 | $2,505 | +1.9% |
| FY 2027 | $1,026 | $1,354 | $1,474 | $2,041 | $2,346 | -1.3% |
Nearby counties
El Paso County
$1,73524 mi · pop 730,323
Fremont County
$1,24436 mi · pop 49,107
Park County
$2,08937 mi · pop 17,597
Douglas County
$2,08940 mi · pop 360,206
Custer County
$1,11253 mi · pop 4,885
Elbert County
$2,08954 mi · pop 26,457
Chaffee County
$1,46655 mi · pop 19,564
Jefferson County
$2,08955 mi · pop 580,519
Questions people ask
$1,493 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,029 for a studio, $1,362 for one bedroom, $2,076 for three and $2,505 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Teller actually go for?
HUD's number is one input. Search any address in Teller for a rent estimate built from nearby comps. 3 free searches, no card.
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