Phillips County, CO Fair Market Rent FY2027

Part of the Phillips County, CO non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$845Efficiency +5.9%
$8751 bedroom +9.0%
$1,1372 bedrooms +7.9%
$1,4653 bedrooms +8.9%
$1,7664 bedrooms +6.9%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$845$798+5.9%
1 bedroom$875$803+9.0%
2 bedrooms$1,137$1,054+7.9%
3 bedrooms$1,465$1,345+8.9%
4 bedrooms$1,766$1,652+6.9%

FY2026 income limits

Median family income: $103,100

Household size12345678
Extremely low (30%)$21,700$24,800$27,900$33,000$38,680$44,360$50,040$55,720
Very low (50%)$36,100$41,250$46,400$51,550$55,700$59,800$63,950$68,050
Low income (80%)$57,750$66,000$74,250$82,500$89,100$95,700$102,300$108,900

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $3281983FY1985: $349FY1986: $330FY1987: $347FY1988: $362FY1989: $3721989FY1990: $384FY1991: $396FY1992: $413FY1993: $428FY1994: $3101994FY1995: $368FY1996: $459FY1997: $477FY1998: $485FY1999: $4951999FY2000: $499FY2001: $503FY2002: $520FY2003: $537FY2004: $5432004FY2005: $499FY2006: $516FY2007: $534FY2008: $555FY2009: $5772009FY2010: $588FY2011: $596FY2012: $602FY2013: $675FY2014: $6602014FY2015: $643FY2016: $672FY2017: $681FY2018: $721FY2019: $7382019FY2020: $714FY2021: $809FY2022: $973FY2023: $1,002FY2024: $1,1442024FY2025: $1,030FY2026: $1,054FY2027: $1,1372027

Questions and answers

What is the Fair Market Rent in Phillips County, CO for FY2027?

HUD set the FY2027 Fair Market Rents for Phillips County, CO at $845 for an efficiency, $875 for one bedroom, $1,137 for two bedrooms, $1,465 for three and $1,766 for four bedrooms.

How much did Fair Market Rent change in Phillips County, CO?

The two-bedroom FMR changed from $1,054 in FY2026 to $1,137 in FY2027 (+7.9%).

What are the HUD income limits for Phillips County, CO?

For FY2026 the median family income is $103,100. The low-income (80%) limit for a family of four is $82,500, very low income (50%) $51,550 and extremely low income $33,000.