FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 21917
1.08ratio
FMR$1,280
Market$1,190
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 21917
0.94ratio
FMR$1,530
Market$1,620
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 21917
1.06ratio
FMR$1,820
Market$1,720
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 21917
1.28ratio
FMR$2,010
Market$1,570
vs market+$440
FMR is above market; underwrite to market rent.
1.28
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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Colora, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Colora, MD is $1,530 a month. That is up 3.4% from $1,480 in FY 2026. Colora is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Maryland is $1,875, so Colora is 18% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Colora, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,140
$1,180
+3.5%
$1,062–$1,298
1BR
$1,240
$1,280
+3.2%
$1,152–$1,408
2BR
$1,480
$1,530
+3.4%
$1,377–$1,683
3BR
$1,770
$1,820
+2.8%
$1,638–$2,002
4BR
$1,980
$2,010
+1.5%
$1,809–$2,211
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Colora, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,180
$1,280
$1,530
$1,820
$2,010
FY 2026
$1,140
$1,240
$1,480
$1,770
$1,980
FY 2025
$1,150
$1,260
$1,500
$1,810
$2,070
FY 2024
$1,230
$1,370
$1,640
$1,980
$2,290
FY 2023
$1,040
$1,180
$1,420
$1,730
$2,010
Questions about Colora, MD rents
How much will Section 8 pay for a two-bedroom in Colora, MD?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,530, that basic range is $1,377 to $1,683 a month. 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 Colora, MD in?
Colora, MD is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Colora, MD for FY 2027?
The two-bedroom FMR rose 3.4%, from $1,480 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 7.7%.
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