FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR
1.14ratio
FMR$1,930
Market$1,690
vs market+$240
FMR is above market; underwrite to market rent.
1.14
2 BR
2 BR
0.77ratio
FMR$2,270
Market$2,940
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR
0.84ratio
FMR$3,000
Market$3,580
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.84
4 BR
4 BR
0.88ratio
FMR$3,430
Market$3,920
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.88
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
--
ZIP 80025 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 80025 (Eldorado Springs, CO) is $2,270 a month. That is up 0.4% from $2,260 in FY 2026. Eldorado Springs is in the Boulder, 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 $2,033. Among 25 ZIP codes in Boulder County, 80025 is tied for the 3rd-highest two-bedroom rent (county range $1,920–$2,630). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 80025 is 65% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 80025
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,700
$1,760
+3.5%
$1,584–$1,936
1BR
$1,900
$1,930
+1.6%
$1,737–$2,123
2BR
$2,260
$2,270
+0.4%
$2,043–$2,497
3BR
$2,980
$3,000
+0.7%
$2,700–$3,300
4BR
$3,380
$3,430
+1.5%
$3,087–$3,773
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 80025
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,760
$1,930
$2,270
$3,000
$3,430
FY 2026
$1,700
$1,900
$2,260
$2,980
$3,380
FY 2025
$1,620
$1,820
$2,200
$2,880
$3,300
FY 2024
$1,750
$2,000
$2,420
$3,170
$3,660
FY 2023
$1,570
$1,760
$2,130
$2,830
$3,300
Two-bedroom rent in nearby Boulder County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 80025?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,033, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,830 to $2,236 a month; under the ZIP-level Small Area FMR of $2,270 it would be $2,043 to $2,497. 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 ZIP 80025 in?
ZIP 80025 is in the Boulder, CO MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,033.
How much did fair market rent change in ZIP 80025 for FY 2027?
The two-bedroom FMR rose 0.4%, from $2,260 in FY 2026 to $2,270 in FY 2027. Since FY 2023 it has risen 6.6%.
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