FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR- 80817
1.22ratio
FMR$2,430
Market$2,000
vs market+$430
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 80817
1.26ratio
FMR$2,770
Market$2,190
vs market+$580
FMR is above market; underwrite to market rent.
1.26
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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Fountain, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fountain, CO is $1,750 a month. That is down 9.8% from $1,940 in FY 2026. Fountain is in the Colorado Springs, CO HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Colorado is $1,375, so Fountain is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fountain, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,210
−9.7%
$1,089–$1,331
1BR
$1,640
$1,480
−9.8%
$1,332–$1,628
2BR
$1,940
$1,750
−9.8%
$1,575–$1,925
3BR
$2,700
$2,430
−10.0%
$2,187–$2,673
4BR
$3,070
$2,770
−9.8%
$2,493–$3,047
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fountain, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,210
$1,480
$1,750
$2,430
$2,770
FY 2026
$1,340
$1,640
$1,940
$2,700
$3,070
FY 2025
$1,420
$1,710
$2,070
$2,900
$3,310
FY 2024
$1,430
$1,700
$2,090
$2,940
$3,460
FY 2023
$1,240
$1,440
$1,810
$2,570
$3,080
Questions about Fountain, CO rents
How much will Section 8 pay for a two-bedroom in Fountain, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 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 Fountain, CO in?
Fountain, CO is in the Colorado Springs, CO HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Fountain, CO for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,940 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has fallen 3.3%.
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