FY2027 Small Area FMR · Hugo, CO

ZIP 80821 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80821 (Hugo, CO) is $1,010 a month, down 2.9% from FY2026. That is 6% below the Lincoln County, CO area-wide FMR of $1,070.

2-bedroom SAFMR$1,010per month ▼ 2.9%

Area-wide 2 BR FMR$1,070Lincoln County, CO

Rank in the area11thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$750▼ 5.1%

1 BR$780▼ 1.3%

2 BR$1,010▼ 2.9%

3 BR$1,410▼ 2.8%

4 BR$1,580▼ 3.1%

FY2027 FY2026

Where 80821 sits in the Lincoln County, CO area

Of the 13 ZIP codes HUD lists for the area, 80821 has the 11th highest two-bedroom Small Area FMR. Lincoln 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 $1,070 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$750	$675 – $825	$795	$790
1 bedroom	$780	$702 – $858	$818	$790
2 bedrooms	$1,010	$909 – $1,111	$1,070	$1,040
3 bedrooms	$1,410	$1,269 – $1,551	$1,482	$1,450
4 bedrooms	$1,580	$1,422 – $1,738	$1,662	$1,630

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $87,700 and the 80% low-income limit for four people is $77,900. ZIP code 80821 lies mainly in Lincoln County. See the Lincoln County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80862	Wild Horse	18.7 mi	$1,030
80823	Karval	22.0 mi	$1,140
80826	Limon	26.1 mi	$1,390
80804	Arriba	26.2 mi	$1,050
80818	Genoa	28.6 mi	$1,010
80830	Matheson	29.5 mi	$1,890

Questions

What is the Fair Market Rent for ZIP code 80821?

HUD's FY2027 Small Area Fair Market Rents for 80821 are $750 (studio), $780 (1 BR), $1,010 (2 BR), $1,410 (3 BR) and $1,580 (4 BR) a month.

What is the Section 8 payment standard in 80821?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80821 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80821?

The FY2026 income limits of the Lincoln County, CO area apply: median family income $87,700, low-income (80%) limit $77,900 for a family of four.