FY2027 Small Area FMR · Creede, CO
ZIP 81130 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81130 (Creede, CO) is $1,470 a month, up 11.4% from FY2026. That is 12% above the Hinsdale County, CO area-wide FMR of $1,316.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 81130 sits in the Hinsdale County, CO area
Of the 3 ZIP codes HUD lists for the area, 81130 has the 2nd highest two-bedroom Small Area FMR. Hinsdale 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 $1,316 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,470 for this ZIP code instead.
ZIP code 81130 crosses more than one HUD area. HUD also lists it under Mineral County, CO (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,090 | $981 – $1,199 | $978 | $1,000 |
| 1 bedroom | $1,130 | $1,017 – $1,243 | $1,013 | $1,000 |
| 2 bedrooms | $1,470 | $1,323 – $1,617 | $1,316 | $1,320 |
| 3 bedrooms | $1,890 | $1,701 – $2,079 | $1,696 | $1,680 |
| 4 bedrooms | $2,280 | $2,052 – $2,508 | $2,044 | $2,060 |
A household renting a two-bedroom home at the Small Area FMR of $1,470 needs about $58,800 a year to keep housing costs at 30% of income. The area median family income is $87,500 and the 80% low-income limit for four people is $77,900. ZIP code 81130 lies mainly in Mineral County and Hinsdale County. See the Hinsdale County, CO county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 81130?
HUD's FY2027 Small Area Fair Market Rents for 81130 are $1,090 (studio), $1,130 (1 BR), $1,470 (2 BR), $1,890 (3 BR) and $2,280 (4 BR) a month.
What is the Section 8 payment standard in 81130?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81130 that range is $1,323 to $1,617 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 81130?
The FY2026 income limits of the Hinsdale County, CO area apply: median family income $87,500, low-income (80%) limit $77,900 for a family of four.