FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR
0.65ratio
FMR$2,000
Market$3,060
vs market-$1,060
FMR is below market; voucher rent may lag private rents.
0.65
2 BR
2 BR
0.79ratio
FMR$2,610
Market$3,290
vs market-$680
FMR is below market; voucher rent may lag private rents.
0.79
3 BR
3 BR
0.73ratio
FMR$3,110
Market$4,250
vs market-$1,140
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR
0.85ratio
FMR$4,360
Market$5,140
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.85
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 81658 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 81658 (Vail, CO) is $2,610 a month. That is up 9.7% from $2,380 in FY 2026. Vail is in the Eagle 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 $2,607. Among 13 ZIP codes in Eagle County, 81658 is tied for the 5th-highest two-bedroom rent (county range $2,200–$2,900). The median county two-bedroom FMR in Colorado is $1,375, so ZIP 81658 is 90% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 81658
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,640
$1,820
+11.0%
$1,638–$2,002
1BR
$1,810
$2,000
+10.5%
$1,800–$2,200
2BR
$2,380
$2,610
+9.7%
$2,349–$2,871
3BR
$2,850
$3,110
+9.1%
$2,799–$3,421
4BR
$3,690
$4,360
+18.2%
$3,924–$4,796
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 81658
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,820
$2,000
$2,610
$3,110
$4,360
FY 2026
$1,640
$1,810
$2,380
$2,850
$3,690
FY 2025
$1,490
$1,650
$2,170
$2,610
$2,880
FY 2024area FMR
$1,572
$1,765
$2,319
$2,809
$3,088
FY 2023area FMR
$1,357
$1,542
$2,030
$2,490
$2,727
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 81658?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,607, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,346 to $2,868 a month; under the ZIP-level Small Area FMR of $2,610 it would be $2,349 to $2,871. 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 81658 in?
ZIP 81658 is in the Eagle County, CO non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,607.
How much did fair market rent change in ZIP 81658 for FY 2027?
The two-bedroom FMR rose 9.7%, from $2,380 in FY 2026 to $2,610 in FY 2027. Since FY 2025 it has risen 20.3%.
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