FY2027 Small Area FMR · Elbert, CO
ZIP 80106 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80106 (Elbert, CO) is $1,400 a month, up 3.7% from FY2026. That is 14% below the Colorado Springs, CO area-wide FMR of $1,621.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 80106 sits in the Colorado Springs, CO area
Of the 62 ZIP codes HUD lists for the area, 80106 has the 57th highest two-bedroom Small Area FMR. Colorado Springs, CO is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,260 and $1,540 for two bedrooms.
ZIP code 80106 crosses more than one HUD area. HUD also lists it under Denver-Aurora-Centennial, CO (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,030 | $927 – $1,133 | $1,129 | $980 |
| 1 bedroom | $1,190 | $1,071 – $1,309 | $1,380 | $1,140 |
| 2 bedrooms | $1,400 | $1,260 – $1,540 | $1,621 | $1,350 |
| 3 bedrooms | $1,900 | $1,710 – $2,090 | $2,245 | $1,840 |
| 4 bedrooms | $2,160 | $1,944 – $2,376 | $2,574 | $2,080 |
A household renting a two-bedroom home at the Small Area FMR of $1,400 needs about $56,000 a year to keep housing costs at 30% of income. The area median family income is $116,400 and the 80% low-income limit for four people is $93,100. ZIP code 80106 lies mainly in Elbert County, El Paso County and Douglas County. See the Colorado Springs, CO county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 80106?
HUD's FY2027 Small Area Fair Market Rents for 80106 are $1,030 (studio), $1,190 (1 BR), $1,400 (2 BR), $1,900 (3 BR) and $2,160 (4 BR) a month.
What is the Section 8 payment standard in 80106?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80106 that range is $1,260 to $1,540 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 80106?
The FY2026 income limits of the Colorado Springs, CO area apply: median family income $116,400, low-income (80%) limit $93,100 for a family of four.