Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Nathrop, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nathrop, CO is $1,760 a month. That is up 19.7% from $1,470 in FY 2026. Nathrop is in the Chaffee County, CO 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 $1,755. The median county two-bedroom FMR in Colorado is $1,375, so Nathrop is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nathrop, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,310
+18.0%
$1,179–$1,441
1BR
$1,120
$1,350
+20.5%
$1,215–$1,485
2BR
$1,470
$1,760
+19.7%
$1,584–$1,936
3BR
$2,040
$2,370
+16.2%
$2,133–$2,607
4BR
$2,300
$2,730
+18.7%
$2,457–$3,003
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nathrop, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,310
$1,350
$1,760
$2,370
$2,730
FY 2026
$1,110
$1,120
$1,470
$2,040
$2,300
FY 2025
$980
$990
$1,300
$1,820
$2,180
FY 2024area FMR
$1,079
$1,086
$1,427
$1,992
$2,422
FY 2023area FMR
$861
$1,041
$1,176
$1,545
$2,003
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Nathrop, CO rents
How much will Section 8 pay for a two-bedroom in Nathrop, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,755, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,580 to $1,931 a month; under the ZIP-level Small Area FMR of $1,760 it would be $1,584 to $1,936. 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 Nathrop, CO in?
Nathrop, CO is in the Chaffee County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,755.
How much did fair market rent change in Nathrop, CO for FY 2027?
The two-bedroom FMR rose 19.7%, from $1,470 in FY 2026 to $1,760 in FY 2027. Since FY 2025 it has risen 35.4%.
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