FY2027 Small Area FMR · Romeo, CO

ZIP 81148 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81148 (Romeo, CO) is $1,010 a month, down 7.3% from FY2026. That is 0% equal to the Conejos County, CO area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▼ 7.3%

Area-wide 2 BR FMR$1,014Conejos County, CO

Rank in the area5thof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$760▼ 9.5%

1 BR$920▼ 5.2%

2 BR$1,010▼ 7.3%

3 BR$1,400▼ 6.0%

4 BR$1,410▼ 6.0%

FY2027 FY2026

Where 81148 sits in the Conejos County, CO area

Of the 8 ZIP codes HUD lists for the area, 81148 has the 5th highest two-bedroom Small Area FMR. Conejos 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$753	$840
1 bedroom	$920	$828 – $1,012	$922	$970
2 bedrooms	$1,010	$909 – $1,111	$1,014	$1,090
3 bedrooms	$1,400	$1,260 – $1,540	$1,390	$1,490
4 bedrooms	$1,410	$1,269 – $1,551	$1,395	$1,500

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $75,700 and the 80% low-income limit for four people is $77,900. ZIP code 81148 lies mainly in Conejos County. See the Conejos County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
81129	Conejos	5.3 mi	$1,030
81141	Manassa	7.0 mi	$1,010
81140	La Jara	11.9 mi	$1,010
81151	Sanford	12.2 mi	$1,170
81124	Capulin	13.4 mi	$1,010
81120	Antonito	18.8 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 81148?

HUD's FY2027 Small Area Fair Market Rents for 81148 are $760 (studio), $920 (1 BR), $1,010 (2 BR), $1,400 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 81148?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81148 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 81148?

The FY2026 income limits of the Conejos County, CO area apply: median family income $75,700, low-income (80%) limit $77,900 for a family of four.