FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 81122
0.79ratio
FMR$1,440
Market$1,830
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 81122
0.94ratio
FMR$1,880
Market$1,990
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 81122
1.09ratio
FMR$2,290
Market$2,110
vs market+$180
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 81122
1.11ratio
FMR$2,490
Market$2,250
vs market+$240
FMR is above market; underwrite to market rent.
1.11
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
--
Bayfield, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bayfield, CO is $1,880 a month. That is up 11.9% from $1,680 in FY 2026. Bayfield is in the La Plata 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 $1,821. The median county two-bedroom FMR in Colorado is $1,375, so Bayfield is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bayfield, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,250
$1,390
+11.2%
$1,251–$1,529
1BR
$1,280
$1,440
+12.5%
$1,296–$1,584
2BR
$1,680
$1,880
+11.9%
$1,692–$2,068
3BR
$2,050
$2,290
+11.7%
$2,061–$2,519
4BR
$2,380
$2,490
+4.6%
$2,241–$2,739
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bayfield, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,390
$1,440
$1,880
$2,290
$2,490
FY 2026
$1,250
$1,280
$1,680
$2,050
$2,380
FY 2025
$1,250
$1,270
$1,650
$2,030
$2,640
FY 2024area FMR
$1,241
$1,402
$1,716
$2,123
$2,763
FY 2023area FMR
$1,094
$1,307
$1,476
$1,916
$2,514
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Bayfield, CO rents
How much will Section 8 pay for a two-bedroom in Bayfield, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,821, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,639 to $2,003 a month; under the ZIP-level Small Area FMR of $1,880 it would be $1,692 to $2,068. 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 Bayfield, CO in?
Bayfield, CO is in the La Plata County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,821.
How much did fair market rent change in Bayfield, CO for FY 2027?
The two-bedroom FMR rose 11.9%, from $1,680 in FY 2026 to $1,880 in FY 2027. Since FY 2025 it has risen 13.9%.
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