FMR is below market; voucher rent may lag private rents.
0.42
1 BR
1 BR- 81621
0.60ratio
FMR$2,290
Market$3,810
vs market-$1,520
FMR is below market; voucher rent may lag private rents.
0.60
2 BR
2 BR- 81621
0.51ratio
FMR$2,900
Market$5,740
vs market-$2,840
FMR is below market; voucher rent may lag private rents.
0.51
3 BR
3 BR- 81621
0.44ratio
FMR$3,560
Market$8,090
vs market-$4,530
FMR is below market; voucher rent may lag private rents.
0.44
4 BR
4 BR- 81621
0.41ratio
FMR$4,730
Market$11,430
vs market-$6,700
FMR is below market; voucher rent may lag private rents.
0.41
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
--
Basalt, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Basalt, CO is $2,900 a month. That is up 12.8% from $2,570 in FY 2026. Basalt is in the Eagle County, CO non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $2,607. The median county two-bedroom FMR in Colorado is $1,375, so Basalt is 111% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Basalt, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,770
$2,020
+14.1%
$1,818–$2,222
1BR
$2,080
$2,290
+10.1%
$2,061–$2,519
2BR
$2,570
$2,900
+12.8%
$2,610–$3,190
3BR
$3,140
$3,560
+13.4%
$3,204–$3,916
4BR
$4,000
$4,730
+18.3%
$4,257–$5,203
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Basalt, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,020
$2,290
$2,900
$3,560
$4,730
FY 2026
$1,770
$2,080
$2,570
$3,140
$4,000
FY 2025
$1,660
$1,900
$2,380
$2,910
$3,320
FY 2024area FMR
$1,572
$1,765
$2,319
$2,809
$3,088
FY 2023area FMR
$1,357
$1,542
$2,030
$2,490
$2,727
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Basalt, CO rents
How much will Section 8 pay for a two-bedroom in Basalt, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,607, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,346 to $2,868 a month; under the ZIP-level Small Area FMR of $2,900 it would be $2,610 to $3,190. 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 Basalt, CO in?
Basalt, CO is in the Eagle County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,607.
How much did fair market rent change in Basalt, CO for FY 2027?
The two-bedroom FMR rose 12.8%, from $2,570 in FY 2026 to $2,900 in FY 2027. Since FY 2025 it has risen 21.8%.
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