For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Texas, CO is $1,390 a month. That is down 7.9% from $1,510 in FY 2026. Texas is in the Dallas, TX 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 Texas is 1% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Texas, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,240
$1,150
−7.3%
$1,035–$1,265
1BR
$1,290
$1,180
−8.5%
$1,062–$1,298
2BR
$1,510
$1,390
−7.9%
$1,251–$1,529
3BR
$1,900
$1,750
−7.9%
$1,575–$1,925
4BR
$2,420
$2,220
−8.3%
$1,998–$2,442
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Texas, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,180
$1,390
$1,750
$2,220
FY 2026
$1,240
$1,290
$1,510
$1,900
$2,420
FY 2025area FMR
$1,531
$1,606
$1,884
$2,361
$3,033
FY 2024area FMR
$1,426
$1,500
$1,758
$2,212
$2,847
FY 2023area FMR
$1,259
$1,326
$1,565
$1,972
$2,572
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Texas, CO rents
How much will Section 8 pay for a two-bedroom in Texas, CO?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,390, that basic range is $1,251 to $1,529 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 Texas, CO in?
Texas, CO is in the Dallas, TX 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 Texas, CO for FY 2027?
The two-bedroom FMR fell 7.9%, from $1,510 in FY 2026 to $1,390 in FY 2027.
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