FY2027 Small Area FMR · Wild Horse, CO

ZIP 80862 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80862 (Wild Horse, CO) is $1,030 a month, up 4.0% from FY2026. That is 12% below the Cheyenne County, CO area-wide FMR of $1,167.

2-bedroom SAFMR$1,030per month ▲ 4.0%

Area-wide 2 BR FMR$1,167Cheyenne County, CO

Rank in the area5thof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$760▲ 1.3%

1 BR$810▲ 8.0%

2 BR$1,030▲ 4.0%

3 BR$1,360▲ 5.4%

4 BR$1,600▲ 2.6%

FY2027 FY2026

Where 80862 sits in the Cheyenne County, CO area

Of the 6 ZIP codes HUD lists for the area, 80862 has the 5th highest two-bedroom Small Area FMR. Cheyenne 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 $1,167 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 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	$760	$684 – $836	$867	$750
1 bedroom	$810	$729 – $891	$898	$750
2 bedrooms	$1,030	$927 – $1,133	$1,167	$990
3 bedrooms	$1,360	$1,224 – $1,496	$1,545	$1,290
4 bedrooms	$1,600	$1,440 – $1,760	$1,812	$1,560

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $84,500 and the 80% low-income limit for four people is $77,900. ZIP code 80862 lies mainly in Cheyenne County. See the Cheyenne County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80825	Kit Carson	12.4 mi	$1,010
80821	Hugo	18.7 mi	$1,010
80823	Karval	24.2 mi	$1,140
81045	Haswell	26.9 mi	$1,190
80834	Seibert	28.9 mi	$1,330
80810	Cheyenne Wells	33.8 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 80862?

HUD's FY2027 Small Area Fair Market Rents for 80862 are $760 (studio), $810 (1 BR), $1,030 (2 BR), $1,360 (3 BR) and $1,600 (4 BR) a month.

What is the Section 8 payment standard in 80862?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80862 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80862?

The FY2026 income limits of the Cheyenne County, CO area apply: median family income $84,500, low-income (80%) limit $77,900 for a family of four.