FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 81211
0.68ratio
FMR$1,290
Market$1,900
vs market-$610
FMR is below market; voucher rent may lag private rents.
0.68
2 BR
2 BR- 81211
0.68ratio
FMR$1,690
Market$2,480
vs market-$790
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 81211
0.83ratio
FMR$2,270
Market$2,740
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 81211
0.91ratio
FMR$2,620
Market$2,870
vs market-$250
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Buena Vista, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Buena Vista, CO is $1,690 a month. That is up 29.0% from $1,310 in FY 2026. Buena Vista is in the Chaffee 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 $1,755. The median county two-bedroom FMR in Colorado is $1,375, so Buena Vista is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Buena Vista, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$1,260
+27.3%
$1,134–$1,386
1BR
$1,000
$1,290
+29.0%
$1,161–$1,419
2BR
$1,310
$1,690
+29.0%
$1,521–$1,859
3BR
$1,820
$2,270
+24.7%
$2,043–$2,497
4BR
$2,050
$2,620
+27.8%
$2,358–$2,882
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Buena Vista, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,260
$1,290
$1,690
$2,270
$2,620
FY 2026
$990
$1,000
$1,310
$1,820
$2,050
FY 2025
$980
$980
$1,290
$1,800
$2,180
FY 2024area FMR
$1,079
$1,086
$1,427
$1,992
$2,422
FY 2023area FMR
$861
$1,041
$1,176
$1,545
$2,003
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Buena Vista, CO rents
How much will Section 8 pay for a two-bedroom in Buena Vista, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,755, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,580 to $1,931 a month; under the ZIP-level Small Area FMR of $1,690 it would be $1,521 to $1,859. 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 Buena Vista, CO in?
Buena Vista, CO is in the Chaffee County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,755.
How much did fair market rent change in Buena Vista, CO for FY 2027?
The two-bedroom FMR rose 29.0%, from $1,310 in FY 2026 to $1,690 in FY 2027. Since FY 2025 it has risen 31.0%.
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