FY2027 Small Area FMR · Woody Creek, CO

ZIP 81656 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 81656 (Woody Creek, CO) is $2,700 a month, up 13.9% from FY2026. That is 4% above the Pitkin County, CO area-wide FMR of $2,597.

2-bedroom SAFMR$2,700per month ▲ 13.9%

Area-wide 2 BR FMR$2,597Pitkin County, CO

Rank in the area2ndof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,430

2 BR Small Area FMR$2,700

110% of SAFMR$2,970

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

Studio$1,880▲ 15.3%

1 BR$2,210▲ 7.8%

2 BR$2,700▲ 13.9%

3 BR$3,410▲ 14.8%

4 BR$4,290▲ 15.9%

FY2027 FY2026

Where 81656 sits in the Pitkin County, CO area

Of the 8 ZIP codes HUD lists for the area, 81656 has the 2nd highest two-bedroom Small Area FMR. Pitkin 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 $2,597 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,700 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	$1,880	$1,692 – $2,068	$1,808	$1,630
1 bedroom	$2,210	$1,989 – $2,431	$2,169	$2,050
2 bedrooms	$2,700	$2,430 – $2,970	$2,597	$2,370
3 bedrooms	$3,410	$3,069 – $3,751	$3,346	$2,970
4 bedrooms	$4,290	$3,861 – $4,719	$4,033	$3,700

A household renting a two-bedroom home at the Small Area FMR of $2,700 needs about $108,000 a year to keep housing costs at 30% of income. The area median family income is $142,100 and the 80% low-income limit for four people is $106,800. ZIP code 81656 lies mainly in Pitkin County. See the Pitkin County, CO county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
81615	Snowmass Village	4.7 mi	$2,620
81621	Basalt	9.5 mi	$2,900
81654	Snowmass	9.6 mi	$2,690
81612	Aspen	10.8 mi	$2,600
81642	Meredith	13.1 mi	$2,410
81623	Carbondale	14.4 mi	$2,550

Questions

What is the Fair Market Rent for ZIP code 81656?

HUD's FY2027 Small Area Fair Market Rents for 81656 are $1,880 (studio), $2,210 (1 BR), $2,700 (2 BR), $3,410 (3 BR) and $4,290 (4 BR) a month.

What is the Section 8 payment standard in 81656?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 81656 that range is $2,430 to $2,970 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 81656?

The FY2026 income limits of the Pitkin County, CO area apply: median family income $142,100, low-income (80%) limit $106,800 for a family of four.