FY2027 Small Area FMR · Otis, CO

ZIP 80743 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80743 (Otis, CO) is $1,080 a month, up 3.8% from FY2026. That is 17% below the Washington County, CO area-wide FMR of $1,297.

2-bedroom SAFMR$1,080per month ▲ 3.8%

Area-wide 2 BR FMR$1,297Washington County, CO

Rank in the area13thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$800■ 0.0%

1 BR$830▲ 3.8%

2 BR$1,080▲ 3.8%

3 BR$1,290▲ 3.2%

4 BR$1,420▲ 2.9%

FY2027 FY2026

Where 80743 sits in the Washington County, CO area

Of the 14 ZIP codes HUD lists for the area, 80743 has the 13th highest two-bedroom Small Area FMR. Washington 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 $1,297 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,080 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	$800	$720 – $880	$963	$800
1 bedroom	$830	$747 – $913	$991	$800
2 bedrooms	$1,080	$972 – $1,188	$1,297	$1,040
3 bedrooms	$1,290	$1,161 – $1,419	$1,545	$1,250
4 bedrooms	$1,420	$1,278 – $1,562	$1,705	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $93,300 and the 80% low-income limit for four people is $77,900. ZIP code 80743 lies mainly in Washington County. See the Washington County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80759	Yuma	14.8 mi	$1,170
80720	Akron	16.2 mi	$1,390
80727	Eckley	24.9 mi	$1,010
80722	Atwood	27.1 mi	$1,320
80733	Hillrose	28.8 mi	$1,400
80723	Brush	31.0 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 80743?

HUD's FY2027 Small Area Fair Market Rents for 80743 are $800 (studio), $830 (1 BR), $1,080 (2 BR), $1,290 (3 BR) and $1,420 (4 BR) a month.

What is the Section 8 payment standard in 80743?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80743 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80743?

The FY2026 income limits of the Washington County, CO area apply: median family income $93,300, low-income (80%) limit $77,900 for a family of four.