Teller 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).

$1,4742-bedroom FMR, FY2027

$1,3541-bedroom FMR, FY2027

$90,10080% income limit, family of 4 (FY2026)

$112,600Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Teller County is $1,474 a month, down 1.3% from $1,493 in FY2026. Teller County belongs to the Teller County, CO HUD Metro FMR Area 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 Teller County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,026	$1,029	−0.3%	$924 – $1,128
1 bedroom	$1,354	$1,362	−0.6%	$1,219 – $1,489
2 bedrooms	$1,474	$1,493	−1.3%	$1,327 – $1,621
3 bedrooms	$2,041	$2,076	−1.7%	$1,837 – $2,245
4 bedrooms	$2,346	$2,505	−6.3%	$2,112 – $2,580

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 Teller County that is typically $1,327 to $1,621 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?

$58,413median income of renter households

$1,880Median gross rent, all units

39%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 $58,413 can afford about $1,460 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,474 is $14 (0.9%) more than that. To rent a two-bedroom at the FMR, a household needs $58,960 a year under the 30% rule, or $53,064 under the common landlord rule that income must be three times the rent.

Teller County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,880 ±$235
Median income of renter households	$58,413 ±$5,487
Renters paying 30% or more of income (cost-burdened)	54.6% ±9.6
Renters paying 50% or more (severely cost-burdened)	27.0% ±7.3
Renter households (where the share can be computed)	2,057

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$1,102	$1,880	+70.6%
Median renter household income	$38,484	$58,413	+51.8%
Renters paying 30%+ of income	46.1%	54.6%	+8.5 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.

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 $1,350 to $2,490 depending on the ZIP code.

All 10 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
80135	$2,010	$2,100	$2,490	$3,270	$3,650
80813	$930	$1,230	$1,350	$1,870	$2,260
80814	$950	$1,260	$1,370	$1,900	$2,260
80816	$1,480	$1,580	$1,890	$2,470	$2,750
80819	$1,010	$1,240	$1,450	$2,010	$2,300
80827	$1,730	$1,860	$2,180	$2,880	$3,230
80860	$930	$1,230	$1,350	$1,870	$2,260
80863	$1,080	$1,430	$1,560	$2,160	$2,480
80866	$1,020	$1,350	$1,470	$2,040	$2,340
80906	$1,170	$1,440	$1,700	$2,350	$2,680

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

HUD income limits for Teller County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $112,600 (FY2025: $111,300, +1.2%). 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%)	$23,700 +9.5%	$27,050 +9.3%	$30,450 +9.3%	$33,800 +5.1%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$39,450 +9.4%	$45,050 +9.3%	$50,700 +9.4%	$56,300 +9.3%	$60,850 +9.3%	$65,350 +9.5%	$69,850 +9.3%	$74,350 +9.4%
Low income (80%)	$63,100 +9.4%	$72,100 +9.3%	$81,100 +9.3%	$90,100 +9.3%	$97,350 +9.4%	$104,550 +9.4%	$111,750 +9.3%	$118,950 +9.3%

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.