Skip to main content
Loading page
TX/Scurry County/Colorado City

Colorado City, TX

CitySAFMR
Scurry County
Found 1 ZIP

City Median Investment Score

109Above average

095130300
BRFMR
Eff. Rent
0 BR$930$930
1 BR$930$930
2 BR$1,220$1,220
3 BR$1,580$1,580
4 BR$1,760$1,760
5 BR$2,024Not available
6 BR$2,328Not available
7 BR$2,677Not available
8 BR$3,078Not available

Purchase Price Calculator

Maximum purchase price
$119,375

Cost breakdown

+Likely effective rent$1,220
HUD FMRUsed$1,220
Market rentN/A
Est. payment standardN/A
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

Colorado City, TX fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Colorado City, TX is $1,220 a month. That is up 2.5% from $1,190 in FY 2026. Colorado City is in the Scurry County, TX 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 $1,245. The median county two-bedroom FMR in Texas is $1,105, so Colorado City is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Colorado City, TX
BedroomsFY 2027Change90–110% range
Studio$930+3.3%$837–$1,023
1BR$930+2.2%$837–$1,023
2BR$1,220+2.5%$1,098–$1,342
3BR$1,580+1.9%$1,422–$1,738
4BR$1,760+0.6%$1,584–$1,936

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Colorado City, TX
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$930$1,220$1,580$1,760
FY 2026$900$910$1,190$1,550$1,750
FY 2025$750$840$960$1,250$1,470
FY 2024area FMR$748$856$961$1,354$1,631
FY 2023area FMR$679$797$900$1,222$1,532

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Colorado City, TX rents

How much will Section 8 pay for a two-bedroom in Colorado City, TX?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,245, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,121 to $1,370 a month; under the ZIP-level Small Area FMR of $1,220 it would be $1,098 to $1,342. 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 Colorado City, TX in?

Colorado City, TX is in the Scurry County, TX non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,245.

How much did fair market rent change in Colorado City, TX for FY 2027?

The two-bedroom FMR rose 2.5%, from $1,190 in FY 2026 to $1,220 in FY 2027. Since FY 2025 it has risen 27.1%.

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