FY2027 Small Area FMR · Grand Lake, CO

ZIP 80447 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80447 (Grand Lake, CO) is $1,620 a month, up 9.5% from FY2026. That is 12% below the Grand County, CO area-wide FMR of $1,844.

2-bedroom SAFMR$1,620per month ▲ 9.5%

Area-wide 2 BR FMR$1,844Grand County, CO

Rank in the area10thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,458

2 BR Small Area FMR$1,620

110% of SAFMR$1,782

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

Studio$1,270▲ 14.4%

1 BR$1,350▲ 2.3%

2 BR$1,620▲ 9.5%

3 BR$2,030▲ 14.7%

4 BR$2,350▼ 5.2%

FY2027 FY2026

Where 80447 sits in the Grand County, CO area

Of the 10 ZIP codes HUD lists for the area, 80447 has the 10th highest two-bedroom Small Area FMR. Grand 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 $1,844 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,620 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	$1,270	$1,143 – $1,397	$1,370	$1,110
1 bedroom	$1,350	$1,215 – $1,485	$1,464	$1,320
2 bedrooms	$1,620	$1,458 – $1,782	$1,844	$1,480
3 bedrooms	$2,030	$1,827 – $2,233	$2,197	$1,770
4 bedrooms	$2,350	$2,115 – $2,585	$2,617	$2,480

A household renting a two-bedroom home at the Small Area FMR of $1,620 needs about $64,800 a year to keep housing costs at 30% of income. The area median family income is $123,600 and the 80% low-income limit for four people is $98,550. ZIP code 80447 lies mainly in Grand County. See the Grand County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80510	Allenspark	10.1 mi	$1,920
80517	Estes Park	11.1 mi	$1,560
80446	Granby	13.5 mi	$1,830
80481	Ward	16.7 mi	$2,050
80478	Tabernash	19.1 mi	$1,930
80532	Glen Haven	20.6 mi	$1,760

Questions

What is the Fair Market Rent for ZIP code 80447?

HUD's FY2027 Small Area Fair Market Rents for 80447 are $1,270 (studio), $1,350 (1 BR), $1,620 (2 BR), $2,030 (3 BR) and $2,350 (4 BR) a month.

What is the Section 8 payment standard in 80447?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80447 that range is $1,458 to $1,782 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80447?

The FY2026 income limits of the Grand County, CO area apply: median family income $123,600, low-income (80%) limit $98,550 for a family of four.