FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 80829
0.73ratio
FMR$1,030
Market$1,420
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.73
2 BR
2 BR- 80829
0.60ratio
FMR$1,210
Market$2,020
vs market-$810
FMR is below market; voucher rent may lag private rents.
0.60
3 BR
3 BR- 80829
0.68ratio
FMR$1,680
Market$2,460
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.68
4 BR
4 BR- 80829
0.83ratio
FMR$1,920
Market$2,310
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.83
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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Manitou Springs, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Manitou Springs, CO is $1,210 a month. That is down 6.2% from $1,290 in FY 2026. Manitou Springs 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 Manitou Springs is 12% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Manitou Springs, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$840
−5.6%
$756–$924
1BR
$1,090
$1,030
−5.5%
$927–$1,133
2BR
$1,290
$1,210
−6.2%
$1,089–$1,331
3BR
$1,790
$1,680
−6.1%
$1,512–$1,848
4BR
$2,040
$1,920
−5.9%
$1,728–$2,112
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Manitou Springs, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$1,030
$1,210
$1,680
$1,920
FY 2026
$890
$1,090
$1,290
$1,790
$2,040
FY 2025
$920
$1,110
$1,340
$1,880
$2,150
FY 2024
$910
$1,070
$1,320
$1,860
$2,190
FY 2023
$820
$950
$1,190
$1,690
$2,030
Questions about Manitou Springs, CO rents
How much will Section 8 pay for a two-bedroom in Manitou Springs, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,210, that basic range is $1,089 to $1,331 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 Manitou Springs, CO in?
Manitou Springs, 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 Manitou Springs, CO for FY 2027?
The two-bedroom FMR fell 6.2%, from $1,290 in FY 2026 to $1,210 in FY 2027. Since FY 2023 it has risen 1.7%.
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