HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Carbon County, Wyoming (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Carbon County is $1,022 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,022
+4.3% from FY 2026
Payment standard
$920–$1,124
90% to 110% of the FMR, two-bedroom
Income to afford
$40,880
a year, with rent at 30% of income
Rank in Wyoming
11th of 23
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 | $797 | $717–$877 | $31,880 | $15.33/hr | +2.8% |
| 1 bedroom | $859 | $773–$945 | $34,360 | $16.52/hr | +0.6% |
| 2 bedroom | $1,022 | $920–$1,124 | $40,880 | $19.65/hr | +4.3% |
| 3 bedroom | $1,338 | $1,204–$1,472 | $53,520 | $25.73/hr | +3.5% |
| 4 bedroom | $1,343 | $1,209–$1,477 | $53,720 | $25.83/hr | -7.6% |
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 | $1,544 | $1,390–$1,698 |
| 6 bedroom Estimate | $1,746 | $1,571–$1,921 |
| 7 bedroom Estimate | $1,947 | $1,752–$2,142 |
| 8 bedroom Estimate | $2,149 | $1,934–$2,364 |
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 Carbon actually rent for?
Search any address in Carbon 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 Carbon somewhere between $920 and $1,124. 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.
$1,022 a month is affordable, by HUD's 30% rule, on an income of roughly $40,880 a year. Put another way, $20 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%$920 | Voucher pays at 100%$1,022 | Voucher pays at 110%$1,124 |
|---|---|---|---|---|
| $2,500 | $750 | $170 | $272 | $374 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($980) to FY 2027 ($1,022). Since FY 2020 it's up 17% in total, about 2.3% a year. The Wyoming median moved up 4% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $653 | $721 | $874 | $1,158 | $1,435 | — |
| FY 2021 | $692 | $750 | $888 | $1,193 | $1,470 | +1.6% |
| FY 2022 | $715 | $771 | $878 | $1,247 | $1,503 | -1.1% |
| FY 2023 | $708 | $713 | $913 | $1,298 | $1,552 | +4.0% |
| FY 2024 | $803 | $808 | $1,038 | $1,463 | $1,726 | +13.7% |
| FY 2025 | $746 | $751 | $982 | $1,376 | $1,615 | -5.4% |
| FY 2026 | $775 | $854 | $980 | $1,293 | $1,454 | -0.2% |
| FY 2027In effect | $797 | $859 | $1,022 | $1,338 | $1,343 | +4.3% |
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 Carbon, that runs from $797 for a studio up to $1,343 for four bedrooms, all five rates in the table above.
Because Carbon 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, Rawlins included.
Among Wyoming's 23 counties, Carbon ranks 11th for two-bedroom FMR. That's within a couple percent of the state median of $1,016 and about 4% below the national median county at $1,063. About 14,463 people live here, 12th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,000 in 82301 (Rawlins) and $1,440 in 82327 (Hanna), with the 12 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 |
|---|---|---|---|
| 82301 | Rawlins | $1,000 | -2.2% |
| 82321 | Baggs | $1,070 | +4.7% |
| 82323 | Dixon | $1,120 | +9.6% |
| 82324 | Elk Mountain | $1,140 | +11.5% |
| 82325 | Encampment | $1,210 | +18.4% |
| 82327 | Hanna | $1,440 | +40.9% |
| 82329 | Medicine Bow | $1,020 | -0.2% |
| 82331 | Saratoga | $1,140 | +11.5% |
| 82332 | Savery | $1,210 | +18.4% |
| 82334 | Sinclair | $1,440 | +40.9% |
| 82335 | Walcott | $1,020 | -0.2% |
| 82615 | Shirley Basin | $1,020 | -0.2% |
Nearby counties
Two-bedroom FMR, with how each compares to Carbon.
Albany County
66 mi · 38,249 people
$999
-2%
Natrona County
102 mi · 79,977 people
$1,045
+2%
Sweetwater County
113 mi · 41,542 people
$999
-2%
Platte County
117 mi · 8,612 people
$999
-2%
Laramie County
121 mi · 101,060 people
$1,228
+20%
Converse County
125 mi · 13,762 people
$1,052
+3%
Fremont County
137 mi · 39,533 people
$999
-2%
Goshen County
140 mi · 12,605 people
$999
-2%
Questions people ask
$1,022 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $797 for a studio, $859 for one bedroom, $1,338 for three and $1,343 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 Carbon actually go for?
HUD's number is one input. Search any address in Carbon for a rent estimate built from nearby comps. Free to start, no card.
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