Income Limits by County

FY2027 Small Area FMR · Lake George, CO

ZIP 80827 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80827 (Lake George, CO) is $2,180 a month, up 13.0% from FY2026. That is 48% above the Teller County, CO area-wide FMR of $1,474.

2-bedroom SAFMR$2,180per month ▲ 13.0%
Area-wide 2 BR FMR$1,474Teller County, CO
Rank in the area2ndof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,962
2 BR Small Area FMR$2,180
110% of SAFMR$2,398

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

FY2027 FY2026

Where 80827 sits in the Teller County, CO area

$1,350$2,490median $1,515

Of the 10 ZIP codes HUD lists for the area, 80827 has the 2nd highest two-bedroom Small Area FMR. Teller 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 $1,474 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,180 for this ZIP code instead.

ZIP code 80827 crosses more than one HUD area. HUD also lists it under Denver-Aurora-Centennial, CO (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,730$1,557 – $1,903$1,026$1,480
1 bedroom$1,860$1,674 – $2,046$1,354$1,620
2 bedrooms$2,180$1,962 – $2,398$1,474$1,930
3 bedrooms$2,880$2,592 – $3,168$2,041$2,520
4 bedrooms$3,230$2,907 – $3,553$2,346$2,860

A household renting a two-bedroom home at the Small Area FMR of $2,180 needs about $87,200 a year to keep housing costs at 30% of income. The area median family income is $112,600 and the 80% low-income limit for four people is $90,100. ZIP code 80827 lies mainly in Park County and Teller County. See the Teller County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
80456Jefferson13.8 mi$2,350
80820Guffey15.9 mi$2,350
80816Florissant16.0 mi$1,890
80814Divide16.1 mi$1,370
80863Woodland Park19.1 mi$1,560
80432Como21.0 mi$2,350

Questions

What is the Fair Market Rent for ZIP code 80827?

HUD's FY2027 Small Area Fair Market Rents for 80827 are $1,730 (studio), $1,860 (1 BR), $2,180 (2 BR), $2,880 (3 BR) and $3,230 (4 BR) a month.

What is the Section 8 payment standard in 80827?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80827 that range is $1,962 to $2,398 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80827?

The FY2026 income limits of the Teller County, CO area apply: median family income $112,600, low-income (80%) limit $90,100 for a family of four.