FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR- 80420
1.06ratio
FMR$1,990
Market$1,870
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.06
2 BR
2 BR- 80420
1.06ratio
FMR$2,360
Market$2,220
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 80420
1.37ratio
FMR$3,100
Market$2,260
vs market+$840
FMR is above market; underwrite to market rent.
1.37
4 BR
4 BR- 80420
1.34ratio
FMR$3,460
Market$2,590
vs market+$870
FMR is above market; underwrite to market rent.
1.34
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Alma, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Alma, CO is $2,360 a month. That is up 19.8% from $1,970 in FY 2026. Alma is in the Denver-Aurora-Centennial, CO MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,169. The median county two-bedroom FMR in Colorado is $1,375, so Alma is 72% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Alma, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,550
$1,910
+23.2%
$1,719–$2,101
1BR
$1,650
$1,990
+20.6%
$1,791–$2,189
2BR
$1,970
$2,360
+19.8%
$2,124–$2,596
3BR
$2,580
$3,100
+20.2%
$2,790–$3,410
4BR
$2,880
$3,460
+20.1%
$3,114–$3,806
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Alma, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,910
$1,990
$2,360
$3,100
$3,460
FY 2026
$1,550
$1,650
$1,970
$2,580
$2,880
FY 2025
$1,500
$1,660
$1,990
$2,590
$2,910
FY 2024
$1,330
$1,480
$1,770
$2,310
$2,590
FY 2023
$1,230
$1,360
$1,640
$2,160
$2,430
Questions about Alma, CO rents
How much will Section 8 pay for a two-bedroom in Alma, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,169, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,952 to $2,386 a month; under the ZIP-level Small Area FMR of $2,360 it would be $2,124 to $2,596. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Alma, CO in?
Alma, CO is in the Denver-Aurora-Centennial, CO MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,169.
How much did fair market rent change in Alma, CO for FY 2027?
The two-bedroom FMR rose 19.8%, from $1,970 in FY 2026 to $2,360 in FY 2027. Since FY 2023 it has risen 43.9%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set