Summit 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).

$2,7662-bedroom FMR, FY2027

$2,1141-bedroom FMR, FY2027

$115,05080% income limit, family of 4 (FY2026)

$145,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Summit County is $2,766 a month, up 12.1% from $2,467 in FY2026. Summit County belongs to the Summit County, CO FMR area (non-metro county), 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 Summit County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,926	$1,701	+13.2%	$1,734 – $2,118
1 bedroom	$2,114	$1,880	+12.4%	$1,903 – $2,325
2 bedrooms	$2,766	$2,467	+12.1%	$2,490 – $3,042
3 bedrooms	$3,296	$2,958	+11.4%	$2,967 – $3,625
4 bedrooms	$3,749	$3,268	+14.7%	$3,375 – $4,123

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 Summit County that is typically $2,490 to $3,042 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?

$71,386median income of renter households

$1,928Median gross rent, all units

32%Rent-to-income ratio (median rent ÷ median renter income)

52%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $71,386 can afford about $1,785 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $2,766 is $981 (55.0%) more than that. To rent a two-bedroom at the FMR, a household needs $110,640 a year under the 30% rule, or $99,576 under the common landlord rule that income must be three times the rent.

Summit County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,928 ±$114
Median income of renter households	$71,386 ±$7,258
Renters paying 30% or more of income (cost-burdened)	51.9% ±8.5
Renters paying 50% or more (severely cost-burdened)	23.8% ±6.5
Renter households (where the share can be computed)	3,324

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$1,393	$1,928	+38.4%
Median renter household income	$68,604	$71,386	+4.1%
Renters paying 30%+ of income	47.4%	51.9%	+4.5 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.

HUD income limits for Summit County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $145,800 (FY2025: $139,600, +4.4%). 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%)	$30,650 +9.7%	$35,000 +9.5%	$39,400 +9.6%	$43,750 +9.6%	$47,250 +9.6%	$50,750 +9.6%	$54,250 +9.6%	$57,750 +6.6%
Very low income (50%)	$51,050 +9.7%	$58,350 +9.7%	$65,650 +9.7%	$72,900 +9.6%	$78,750 +9.6%	$84,600 +9.7%	$90,400 +9.6%	$96,250 +9.6%
Low income (80%)	$80,550 +8.1%	$92,050 +8.1%	$103,550 +8.1%	$115,050 +8.1%	$124,300 +8.1%	$133,500 +8.1%	$142,700 +8.1%	$151,900 +8.2%

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.