Colorado County, TX: 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).

$1,2112-bedroom FMR, FY2027

$9641-bedroom FMR, FY2027

$74,30080% income limit, family of 4 (FY2026)

$92,900Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Colorado County is $1,211 a month, up 5.6% from $1,147 in FY2026. Colorado County belongs to the Colorado County, TX 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 Colorado County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$921	$892	+3.3%	$829 – $1,013
1 bedroom	$964	$917	+5.1%	$868 – $1,060
2 bedrooms	$1,211	$1,147	+5.6%	$1,090 – $1,332
3 bedrooms	$1,472	$1,375	+7.1%	$1,325 – $1,619
4 bedrooms	$1,744	$1,688	+3.3%	$1,570 – $1,918

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 Colorado County that is typically $1,090 to $1,332 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?

$44,000median income of renter households

$926Median gross rent, all units

25%Rent-to-income ratio (median rent ÷ median renter income)

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

At the 30% rule, a renter household earning the local median of $44,000 can afford about $1,100 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,211 is $111 (10.1%) more than that. To rent a two-bedroom at the FMR, a household needs $48,440 a year under the 30% rule, or $43,596 under the common landlord rule that income must be three times the rent.

Colorado County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$926 ±$150
Median income of renter households	$44,000 ±$13,933
Renters paying 30% or more of income (cost-burdened)	29.6% ±7.8
Renters paying 50% or more (severely cost-burdened)	12.7% ±5.4
Renter households (where the share can be computed)	1,288

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$714	$926	+29.7%
Median renter household income	$32,092	$44,000	+37.1%
Renters paying 30%+ of income	32.7%	29.6%	−3.1 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 Colorado County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $92,900 (FY2025: $97,600, −4.8%). 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%)	$19,500 +8.6%	$22,300 +5.4%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$32,550 +9.0%	$37,200 +9.1%	$41,850 +9.1%	$46,450 +8.9%	$50,200 +9.0%	$53,900 +9.0%	$57,600 +8.9%	$61,350 +9.0%
Low income (80%)	$52,050 +8.9%	$59,450 +8.9%	$66,900 +8.9%	$74,300 +8.9%	$80,250 +8.8%	$86,200 +8.8%	$92,150 +8.9%	$98,100 +8.9%

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.