Income Limits by County

FY2027 Small Area FMR · Alma, CO

ZIP 80420 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80420 (Alma, CO) is $2,360 a month, up 19.8% from FY2026. That is 9% above the Denver-Aurora-Centennial, CO area-wide FMR of $2,169.

2-bedroom SAFMR$2,360per month ▲ 19.8%
Area-wide 2 BR FMR$2,169Denver-Aurora-Centennial, CO
Rank in the area48thof 182 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,124
2 BR Small Area FMR$2,360
110% of SAFMR$2,596

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 80420 sits in the Denver-Aurora-Centennial, CO area

$1,010$3,250median $2,150

Of the 182 ZIP codes HUD lists for the area, 80420 has the 48th highest two-bedroom Small Area FMR. Denver-Aurora-Centennial, CO is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,169 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,360 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,910$1,719 – $2,101$1,751$1,550
1 bedroom$1,990$1,791 – $2,189$1,831$1,650
2 bedrooms$2,360$2,124 – $2,596$2,169$1,970
3 bedrooms$3,100$2,790 – $3,410$2,846$2,580
4 bedrooms$3,460$3,114 – $3,806$3,183$2,880

A household renting a two-bedroom home at the Small Area FMR of $2,360 needs about $94,400 a year to keep housing costs at 30% of income. The area median family income is $144,000 and the 80% low-income limit for four people is $106,800. ZIP code 80420 lies mainly in Park County. See the Denver-Aurora-Centennial, CO metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
80440Fairplay10.2 mi$2,140
80424Breckenridge11.9 mi$3,020
80461Leadville12.3 mi$1,490
80443Frisco16.3 mi$3,590
81649Red Cliff16.6 mi$2,540
80432Como18.5 mi$2,350

Questions

What is the Fair Market Rent for ZIP code 80420?

HUD's FY2027 Small Area Fair Market Rents for 80420 are $1,910 (studio), $1,990 (1 BR), $2,360 (2 BR), $3,100 (3 BR) and $3,460 (4 BR) a month.

What is the Section 8 payment standard in 80420?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80420 that range is $2,124 to $2,596 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80420?

The FY2026 income limits of the Denver-Aurora-Centennial, CO area apply: median family income $144,000, low-income (80%) limit $106,800 for a family of four.