FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 80137
0.77ratio
FMR$1,700
Market$2,200
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 80137
0.79ratio
FMR$2,020
Market$2,570
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR- 80137
0.93ratio
FMR$2,650
Market$2,840
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 80137
0.97ratio
FMR$2,970
Market$3,060
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.97
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
--
Watkins, CO fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Watkins, CO is $2,020 a month. That is up 4.7% from $1,930 in FY 2026. Watkins 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 Watkins is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Watkins, CO
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,510
$1,630
+7.9%
$1,467–$1,793
1BR
$1,620
$1,700
+4.9%
$1,530–$1,870
2BR
$1,930
$2,020
+4.7%
$1,818–$2,222
3BR
$2,520
$2,650
+5.2%
$2,385–$2,915
4BR
$2,820
$2,970
+5.3%
$2,673–$3,267
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Watkins, CO
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,630
$1,700
$2,020
$2,650
$2,970
FY 2026
$1,510
$1,620
$1,930
$2,520
$2,820
FY 2025
$1,500
$1,660
$1,990
$2,590
$2,910
FY 2024
$1,330
$1,470
$1,760
$2,300
$2,580
FY 2023
$1,120
$1,240
$1,500
$2,010
$2,260
Questions about Watkins, CO rents
How much will Section 8 pay for a two-bedroom in Watkins, 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 $2,020 it would be $1,818 to $2,222. 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 Watkins, CO in?
Watkins, 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 Watkins, CO for FY 2027?
The two-bedroom FMR rose 4.7%, from $1,930 in FY 2026 to $2,020 in FY 2027. Since FY 2023 it has risen 34.7%.
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