FY2027 Small Area FMR · Breckenridge, CO

ZIP 80424 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80424 (Breckenridge, CO) is $3,020 a month, up 7.5% from FY2026. That is 9% above the Summit County, CO area-wide FMR of $2,766.

2-bedroom SAFMR$3,020per month ▲ 7.5%

Area-wide 2 BR FMR$2,766Summit County, CO

Rank in the area2ndof 5 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,718

2 BR Small Area FMR$3,020

110% of SAFMR$3,322

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

Studio$2,100▲ 8.2%

1 BR$2,310▲ 7.9%

2 BR$3,020▲ 7.5%

3 BR$3,600▲ 6.8%

4 BR$4,090▲ 9.9%

FY2027 FY2026

Where 80424 sits in the Summit County, CO area

Of the 5 ZIP codes HUD lists for the area, 80424 has the 2nd highest two-bedroom Small Area FMR. Summit County, 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 $2,766 for two bedrooms; an agency that opts in to Small Area FMRs would use $3,020 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,100	$1,890 – $2,310	$1,926	$1,940
1 bedroom	$2,310	$2,079 – $2,541	$2,114	$2,140
2 bedrooms	$3,020	$2,718 – $3,322	$2,766	$2,810
3 bedrooms	$3,600	$3,240 – $3,960	$3,296	$3,370
4 bedrooms	$4,090	$3,681 – $4,499	$3,749	$3,720

A household renting a two-bedroom home at the Small Area FMR of $3,020 needs about $120,800 a year to keep housing costs at 30% of income. The area median family income is $145,800 and the 80% low-income limit for four people is $115,050. ZIP code 80424 lies mainly in Summit County. See the Summit County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80435	Dillon	7.9 mi	$2,380
80443	Frisco	10.5 mi	$3,590
80420	Alma	11.9 mi	$2,360
81649	Red Cliff	15.1 mi	$2,540
80476	Silver Plume	16.4 mi	$1,890
80440	Fairplay	17.0 mi	$2,140

Questions

What is the Fair Market Rent for ZIP code 80424?

HUD's FY2027 Small Area Fair Market Rents for 80424 are $2,100 (studio), $2,310 (1 BR), $3,020 (2 BR), $3,600 (3 BR) and $4,090 (4 BR) a month.

What is the Section 8 payment standard in 80424?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80424 that range is $2,718 to $3,322 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80424?

The FY2026 income limits of the Summit County, CO area apply: median family income $145,800, low-income (80%) limit $115,050 for a family of four.