FY2027 Small Area FMR · Colorado Springs, CO

ZIP 80922 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 80922 (Colorado Springs, CO) is $1,970 a month, down 7.5% from FY2026. That is 22% above the Colorado Springs, CO area-wide FMR of $1,621.

2-bedroom SAFMR$1,970per month ▼ 7.5%

Area-wide 2 BR FMR$1,621Colorado Springs, CO

Rank in the area15thof 62 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,773

2 BR Small Area FMR$1,970

110% of SAFMR$2,167

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

Studio$1,370▼ 6.8%

1 BR$1,680▼ 6.7%

2 BR$1,970▼ 7.5%

3 BR$2,730▼ 7.8%

4 BR$3,130▼ 7.1%

FY2027 FY2026

Where 80922 sits in the Colorado Springs, CO area

Of the 62 ZIP codes HUD lists for the area, 80922 has the 15th highest two-bedroom Small Area FMR. Colorado Springs, CO is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,773 and $2,167 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,370	$1,233 – $1,507	$1,129	$1,470
1 bedroom	$1,680	$1,512 – $1,848	$1,380	$1,800
2 bedrooms	$1,970	$1,773 – $2,167	$1,621	$2,130
3 bedrooms	$2,730	$2,457 – $3,003	$2,245	$2,960
4 bedrooms	$3,130	$2,817 – $3,443	$2,574	$3,370

A household renting a two-bedroom home at the Small Area FMR of $1,970 needs about $78,800 a year to keep housing costs at 30% of income. The area median family income is $116,400 and the 80% low-income limit for four people is $93,100. ZIP code 80922 lies mainly in El Paso County. See the Colorado Springs, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
80939	Colorado Springs	1.5 mi	$2,090
80938	Colorado Springs	2.2 mi	$2,200
80917	Colorado Springs	2.4 mi	$1,460
80923	Colorado Springs	2.6 mi	$1,960
80951	Colorado Springs	2.6 mi	$2,120
80915	Colorado Springs	3.0 mi	$1,480

Questions

What is the Fair Market Rent for ZIP code 80922?

HUD's FY2027 Small Area Fair Market Rents for 80922 are $1,370 (studio), $1,680 (1 BR), $1,970 (2 BR), $2,730 (3 BR) and $3,130 (4 BR) a month.

What is the Section 8 payment standard in 80922?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 80922 that range is $1,773 to $2,167 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 80922?

The FY2026 income limits of the Colorado Springs, CO area apply: median family income $116,400, low-income (80%) limit $93,100 for a family of four.