FY2027 Small Area FMR · Powderhorn, CO

ZIP 81243 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81243 (Powderhorn, CO) is $1,330 a month, up 9.0% from FY2026. That is 7% below the Gunnison County, CO area-wide FMR of $1,437.

2-bedroom SAFMR$1,330per month ▲ 9.0%

Area-wide 2 BR FMR$1,437Gunnison County, CO

Rank in the area10thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,197

2 BR Small Area FMR$1,330

110% of SAFMR$1,463

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

Studio$1,090▲ 17.2%

1 BR$1,140▲ 11.8%

2 BR$1,330▲ 9.0%

3 BR$1,800▲ 7.1%

4 BR$2,060▲ 1.5%

FY2027 FY2026

Where 81243 sits in the Gunnison County, CO area

Of the 13 ZIP codes HUD lists for the area, 81243 has the 10th highest two-bedroom Small Area FMR. Gunnison 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 $1,437 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,330 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	$1,090	$981 – $1,199	$1,222	$930
1 bedroom	$1,140	$1,026 – $1,254	$1,276	$1,020
2 bedrooms	$1,330	$1,197 – $1,463	$1,437	$1,220
3 bedrooms	$1,800	$1,620 – $1,980	$1,990	$1,680
4 bedrooms	$2,060	$1,854 – $2,266	$2,231	$2,030

A household renting a two-bedroom home at the Small Area FMR of $1,330 needs about $53,200 a year to keep housing costs at 30% of income. The area median family income is $130,800 and the 80% low-income limit for four people is $98,950. ZIP code 81243 lies mainly in Gunnison County. See the Gunnison County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
81230	Gunnison	15.7 mi	$1,330
81220	Cimarron	15.9 mi	$1,390
81235	Lake City	18.4 mi	$1,320
81427	Ouray	28.1 mi	$1,510
81432	Ridgway	32.7 mi	$1,680
81239	Parlin	33.2 mi	$1,440

Questions

What is the Fair Market Rent for ZIP code 81243?

HUD's FY2027 Small Area Fair Market Rents for 81243 are $1,090 (studio), $1,140 (1 BR), $1,330 (2 BR), $1,800 (3 BR) and $2,060 (4 BR) a month.

What is the Section 8 payment standard in 81243?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81243 that range is $1,197 to $1,463 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 81243?

The FY2026 income limits of the Gunnison County, CO area apply: median family income $130,800, low-income (80%) limit $98,950 for a family of four.