FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 80452
0.87ratio
FMR$1,580
Market$1,820
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 80452
0.90ratio
FMR$1,890
Market$2,090
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR- 80452
1.11ratio
FMR$2,470
Market$2,220
vs market+$250
FMR is above market; underwrite to market rent.
1.11
4 BR
4 BR- 80452
1.17ratio
FMR$2,750
Market$2,350
vs market+$400
FMR is above market; underwrite to market rent.
1.17
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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Idaho Springs, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Idaho Springs, CO is $1,890 a month. That is down 2.1% from $1,930 in FY 2026. Idaho Springs is in the Denver-Aurora-Centennial, CO MSA. 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 metro-wide two-bedroom FMR of $2,169. The median county two-bedroom FMR in Colorado is $1,375, so Idaho Springs is 38% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Idaho Springs, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,480
$1,480
0.0%
$1,332–$1,628
1BR
$1,620
$1,580
−2.5%
$1,422–$1,738
2BR
$1,930
$1,890
−2.1%
$1,701–$2,079
3BR
$2,520
$2,470
−2.0%
$2,223–$2,717
4BR
$2,820
$2,750
−2.5%
$2,475–$3,025
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Idaho Springs, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,480
$1,580
$1,890
$2,470
$2,750
FY 2026
$1,480
$1,620
$1,930
$2,520
$2,820
FY 2025
$1,500
$1,660
$1,990
$2,590
$2,910
FY 2024
$1,260
$1,390
$1,680
$2,210
$2,480
FY 2023
$1,120
$1,230
$1,500
$2,010
$2,260
Questions about Idaho Springs, CO rents
How much will Section 8 pay for a two-bedroom in Idaho Springs, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,169, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,952 to $2,386 a month; under the ZIP-level Small Area FMR of $1,890 it would be $1,701 to $2,079. 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 Idaho Springs, CO in?
Idaho Springs, CO is in the Denver-Aurora-Centennial, CO MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,169.
How much did fair market rent change in Idaho Springs, CO for FY 2027?
The two-bedroom FMR fell 2.1%, from $1,930 in FY 2026 to $1,890 in FY 2027. Since FY 2023 it has risen 26.0%.
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