Income Limits by County

FY2027 Small Area FMR · Torrington, WY

ZIP 82240 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 82240 (Torrington, WY) is $1,050 a month, up 7.1% from FY2026. That is 5% above the Goshen County, WY area-wide FMR of $999.

2-bedroom SAFMR$1,050per month ▲ 7.1%
Area-wide 2 BR FMR$999Goshen County, WY
Rank in the area8thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945
2 BR Small Area FMR$1,050
110% of SAFMR$1,155

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

FY2027 FY2026

Where 82240 sits in the Goshen County, WY area

$1,000$1,300median $1,060

Of the 13 ZIP codes HUD lists for the area, 82240 has the 8th highest two-bedroom Small Area FMR. Goshen County, 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 $999 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$800$720 – $880$759$740
1 bedroom$800$720 – $880$764$750
2 bedrooms$1,050$945 – $1,155$999$980
3 bedrooms$1,450$1,305 – $1,595$1,383$1,320
4 bedrooms$1,760$1,584 – $1,936$1,670$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $83,500 and the 80% low-income limit for four people is $79,500. ZIP code 82240 lies mainly in Goshen County. See the Goshen County, WY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
82223Lingle15.3 mi$1,000
69358Morrill16.2 mi$1,050
82212Fort Laramie19.9 mi$1,300
69357Mitchell21.4 mi$1,160
82218Huntley22.4 mi$1,050
82243Veteran23.0 mi$1,050

Questions

What is the Fair Market Rent for ZIP code 82240?

HUD's FY2027 Small Area Fair Market Rents for 82240 are $800 (studio), $800 (1 BR), $1,050 (2 BR), $1,450 (3 BR) and $1,760 (4 BR) a month.

What is the Section 8 payment standard in 82240?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 82240 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 82240?

The FY2026 income limits of the Goshen County, WY area apply: median family income $83,500, low-income (80%) limit $79,500 for a family of four.