FY2027 Small Area FMR · Twin Lakes, CO
ZIP 81251 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81251 (Twin Lakes, CO) is $1,830 a month, up 16.6% from FY2026. That is 23% above the Lake County, CO area-wide FMR of $1,485.
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 81251 sits in the Lake County, CO area
Of the 3 ZIP codes HUD lists for the area, 81251 has the 1st highest two-bedroom Small Area FMR. Lake 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 $1,485 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,830 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,330 | $1,197 – $1,463 | $1,103 | $1,150 |
| 1 bedroom | $1,450 | $1,305 – $1,595 | $1,143 | $1,290 |
| 2 bedrooms | $1,830 | $1,647 – $2,013 | $1,485 | $1,570 |
| 3 bedrooms | $2,380 | $2,142 – $2,618 | $1,913 | $2,040 |
| 4 bedrooms | $2,830 | $2,547 – $3,113 | $2,306 | $2,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,830 needs about $73,200 a year to keep housing costs at 30% of income. The area median family income is $124,600 and the 80% low-income limit for four people is $91,900. ZIP code 81251 lies mainly in Lake County. See the Lake 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 81251?
HUD's FY2027 Small Area Fair Market Rents for 81251 are $1,330 (studio), $1,450 (1 BR), $1,830 (2 BR), $2,380 (3 BR) and $2,830 (4 BR) a month.
What is the Section 8 payment standard in 81251?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81251 that range is $1,647 to $2,013 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 81251?
The FY2026 income limits of the Lake County, CO area apply: median family income $124,600, low-income (80%) limit $91,900 for a family of four.