FY2027 Small Area FMR · Beulah, CO

ZIP 81023 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81023 (Beulah, CO) is $1,200 a month, up 1.7% from FY2026. That is 5% below the Pueblo, CO area-wide FMR of $1,263.

2-bedroom SAFMR$1,200per month ▲ 1.7%

Area-wide 2 BR FMR$1,263Pueblo, CO

Rank in the area14thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,080

2 BR Small Area FMR$1,200

110% of SAFMR$1,320

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

Studio$840▲ 3.7%

1 BR$930▲ 3.3%

2 BR$1,200▲ 1.7%

3 BR$1,540▲ 3.4%

4 BR$1,800▲ 2.9%

FY2027 FY2026

Where 81023 sits in the Pueblo, CO area

Of the 17 ZIP codes HUD lists for the area, 81023 has the 14th highest two-bedroom Small Area FMR. Pueblo, 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 $1,263 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,200 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	$840	$756 – $924	$879	$810
1 bedroom	$930	$837 – $1,023	$978	$900
2 bedrooms	$1,200	$1,080 – $1,320	$1,263	$1,180
3 bedrooms	$1,540	$1,386 – $1,694	$1,611	$1,490
4 bedrooms	$1,800	$1,620 – $1,980	$1,891	$1,750

A household renting a two-bedroom home at the Small Area FMR of $1,200 needs about $48,000 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 81023 lies mainly in Pueblo County. See the Pueblo, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
81019	Colorado City	10.0 mi	$1,440
81069	Rye	11.5 mi	$1,130
81005	Pueblo	13.0 mi	$1,230
81253	Wetmore	13.2 mi	$1,260
81004	Pueblo	13.6 mi	$1,240
81226	Florence	20.6 mi	$1,340

Questions

What is the Fair Market Rent for ZIP code 81023?

HUD's FY2027 Small Area Fair Market Rents for 81023 are $840 (studio), $930 (1 BR), $1,200 (2 BR), $1,540 (3 BR) and $1,800 (4 BR) a month.

What is the Section 8 payment standard in 81023?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81023 that range is $1,080 to $1,320 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 81023?

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