FY2027 Small Area FMR · Poncha Springs, CO

ZIP 81242 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81242 (Poncha Springs, CO) is $1,690 a month, up 34.1% from FY2026. That is 4% below the Chaffee County, CO area-wide FMR of $1,755.

2-bedroom SAFMR$1,690per month ▲ 34.1%

Area-wide 2 BR FMR$1,755Chaffee County, CO

Rank in the area5thof 7 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,521

2 BR Small Area FMR$1,690

110% of SAFMR$1,859

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

Studio$1,260▲ 32.6%

1 BR$1,290▲ 34.4%

2 BR$1,690▲ 34.1%

3 BR$2,270▲ 29.7%

4 BR$2,620▲ 32.3%

FY2027 FY2026

Where 81242 sits in the Chaffee County, CO area

Of the 7 ZIP codes HUD lists for the area, 81242 has the 5th highest two-bedroom Small Area FMR. Chaffee 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 $1,755 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,690 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	$1,260	$1,134 – $1,386	$1,304	$950
1 bedroom	$1,290	$1,161 – $1,419	$1,342	$960
2 bedrooms	$1,690	$1,521 – $1,859	$1,755	$1,260
3 bedrooms	$2,270	$2,043 – $2,497	$2,362	$1,750
4 bedrooms	$2,620	$2,358 – $2,882	$2,725	$1,980

A household renting a two-bedroom home at the Small Area FMR of $1,690 needs about $67,600 a year to keep housing costs at 30% of income. The area median family income is $111,100 and the 80% low-income limit for four people is $88,900. ZIP code 81242 lies mainly in Chaffee County. See the Chaffee County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
81201	Salida	3.3 mi	$1,820
81227	Monarch	11.9 mi	$1,820
81233	Howard	14.7 mi	$1,880
81155	Villa Grove	15.3 mi	$1,220
81236	Nathrop	15.4 mi	$1,760
81248	Sargents	16.6 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 81242?

HUD's FY2027 Small Area Fair Market Rents for 81242 are $1,260 (studio), $1,290 (1 BR), $1,690 (2 BR), $2,270 (3 BR) and $2,620 (4 BR) a month.

What is the Section 8 payment standard in 81242?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81242 that range is $1,521 to $1,859 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 81242?

The FY2026 income limits of the Chaffee County, CO area apply: median family income $111,100, low-income (80%) limit $88,900 for a family of four.