Larimer County, CO: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,7592-bedroom FMR, FY2027

$1,5891-bedroom FMR, FY2027

$104,30080% income limit, family of 4 (FY2026)

$130,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Larimer County is $1,759 a month, up 1.6% from $1,732 in FY2026. Larimer County belongs to the Fort Collins-Loveland, CO MSA FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Larimer County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,551	$1,509	+2.8%	$1,396 – $1,706
1 bedroom	$1,589	$1,537	+3.4%	$1,431 – $1,747
2 bedrooms	$1,759	$1,732	+1.6%	$1,584 – $1,934
3 bedrooms	$2,379	$2,385	−0.3%	$2,142 – $2,616
4 bedrooms	$2,576	$2,540	+1.4%	$2,319 – $2,833

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Larimer County that is typically $1,584 to $1,934 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$60,436median income of renter households

$1,716Median gross rent, all units

34%Rent-to-income ratio (median rent ÷ median renter income)

55%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $60,436 can afford about $1,511 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,759 is $248 (16.4%) more than that. To rent a two-bedroom at the FMR, a household needs $70,360 a year under the 30% rule, or $63,324 under the common landlord rule that income must be three times the rent.

Larimer County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,716 ±$22
Median income of renter households	$60,436 ±$1,996
Renters paying 30% or more of income (cost-burdened)	55.4% ±2.4
Renters paying 50% or more (severely cost-burdened)	28.3% ±1.7
Renter households (where the share can be computed)	52,748

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$1,297	$1,716	+32.3%
Median renter household income	$43,133	$60,436	+40.1%
Renters paying 30%+ of income	56.1%	55.4%	−0.7 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,560 to $2,460 depending on the ZIP code.

All 30 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
80430	$1,360	$1,390	$1,560	$2,150	$2,310
80503	$1,470	$1,670	$1,960	$2,610	$3,030
80504	$1,540	$1,690	$2,060	$2,790	$3,320
80510	$1,440	$1,620	$1,920	$2,540	$2,920
80512	$1,550	$1,590	$1,760	$2,380	$2,580
80513	$1,620	$1,660	$1,920	$2,540	$2,920
80515	$1,430	$1,470	$1,620	$2,190	$2,380
80517	$1,360	$1,390	$1,560	$2,150	$2,290
80521	$1,450	$1,480	$1,640	$2,220	$2,400
80522	$1,550	$1,590	$1,760	$2,380	$2,580
80523	$1,550	$1,590	$1,760	$2,380	$2,580
80524	$1,480	$1,510	$1,680	$2,280	$2,480
80525	$1,710	$1,750	$1,940	$2,620	$2,840
80526	$1,500	$1,540	$1,700	$2,300	$2,490
80527	$1,550	$1,590	$1,760	$2,380	$2,580
80528	$1,750	$1,800	$1,990	$2,690	$2,910
80532	$1,550	$1,590	$1,760	$2,380	$2,580
80534	$1,500	$1,570	$1,910	$2,630	$3,100
80535	$1,360	$1,390	$1,560	$2,150	$2,290
80536	$1,530	$1,580	$1,750	$2,370	$2,590
80537	$1,480	$1,520	$1,680	$2,270	$2,460
80538	$1,600	$1,640	$1,820	$2,460	$2,670
80539	$1,550	$1,590	$1,760	$2,380	$2,580
80540	$1,790	$1,970	$2,270	$3,030	$3,450
80545	$1,550	$1,590	$1,760	$2,380	$2,580
80547	$1,830	$1,870	$2,070	$2,800	$3,030
80549	$2,160	$2,220	$2,460	$3,330	$3,610
80550	$1,490	$1,560	$1,930	$2,660	$3,170
80612	$1,470	$1,550	$1,800	$2,460	$2,780
82063	$1,360	$1,390	$1,560	$2,150	$2,290

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Larimer County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $130,400 (FY2025: $127,600, +2.2%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$27,400 +2.0%	$31,300 +2.1%	$35,200 +2.0%	$39,100 +2.1%	$42,250 +2.1%	$45,400 +2.1%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$45,650 +2.1%	$52,200 +2.3%	$58,700 +2.2%	$65,200 +2.2%	$70,450 +2.2%	$75,650 +2.2%	$80,850 +2.1%	$86,100 +2.2%
Low income (80%)	$73,050 +2.2%	$83,450 +2.1%	$93,900 +2.2%	$104,300 +2.2%	$112,650 +2.1%	$121,000 +2.2%	$129,350 +2.1%	$137,700 +2.2%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.