Income Limits by County

FY2027 Small Area FMR · Horse Creek, WY

ZIP 82061 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 82061 (Horse Creek, WY) is $1,260 a month, up 6.8% from FY2026. That is 3% above the Cheyenne, WY area-wide FMR of $1,228.

2-bedroom SAFMR$1,260per month ▲ 6.8%
Area-wide 2 BR FMR$1,228Cheyenne, WY
Rank in the area5thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,134
2 BR Small Area FMR$1,260
110% of SAFMR$1,386

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

FY2027 FY2026

Where 82061 sits in the Cheyenne, WY area

$1,060$1,410median $1,230

Of the 17 ZIP codes HUD lists for the area, 82061 has the 5th highest two-bedroom Small Area FMR. Cheyenne, WY 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 $1,228 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,260 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$880$792 – $968$855$810
1 bedroom$990$891 – $1,089$963$920
2 bedrooms$1,260$1,134 – $1,386$1,228$1,180
3 bedrooms$1,740$1,566 – $1,914$1,700$1,640
4 bedrooms$2,110$1,899 – $2,321$2,053$1,980

A household renting a two-bedroom home at the Small Area FMR of $1,260 needs about $50,400 a year to keep housing costs at 30% of income. The area median family income is $104,400 and the 80% low-income limit for four people is $83,500. ZIP code 82061 lies mainly in Laramie County. See the Cheyenne, WY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
82009Cheyenne17.6 mi$1,260
82072Laramie18.1 mi$1,000
82210Chugwater23.7 mi$1,110
82051Bosler24.2 mi$1,000
82073Laramie24.8 mi$1,020
82052Buford27.2 mi$1,200

Questions

What is the Fair Market Rent for ZIP code 82061?

HUD's FY2027 Small Area Fair Market Rents for 82061 are $880 (studio), $990 (1 BR), $1,260 (2 BR), $1,740 (3 BR) and $2,110 (4 BR) a month.

What is the Section 8 payment standard in 82061?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 82061 that range is $1,134 to $1,386 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 82061?

The FY2026 income limits of the Cheyenne, WY area apply: median family income $104,400, low-income (80%) limit $83,500 for a family of four.