ZIP 80833 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 80833 in the Colorado Springs, CO FMR area.

Colorado Springs, CO

$750Efficiency

$8501 bedroom

$1,0102 bedrooms

$1,4103 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$1,129
1 bedroom	$850	$765	$935	$1,380
2 bedrooms	$1,010	$909	$1,111	$1,621
3 bedrooms	$1,410	$1,269	$1,551	$2,245
4 bedrooms	$1,610	$1,449	$1,771	$2,574

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Denver-Aurora-Centennial, CO MSA

$750Efficiency

$8501 bedroom

$1,0102 bedrooms

$1,4103 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$1,751
1 bedroom	$850	$765	$935	$1,831
2 bedrooms	$1,010	$909	$1,111	$2,169
3 bedrooms	$1,410	$1,269	$1,551	$2,846
4 bedrooms	$1,610	$1,449	$1,771	$3,183

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Lincoln County, CO

$750Efficiency

$8501 bedroom

$1,0102 bedrooms

$1,4103 bedrooms

$1,6104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$750	$675	$825	$795
1 bedroom	$850	$765	$935	$818
2 bedrooms	$1,010	$909	$1,111	$1,070
3 bedrooms	$1,410	$1,269	$1,551	$1,482
4 bedrooms	$1,610	$1,449	$1,771	$1,662

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 80833

$56,784average adjusted gross income per tax return (2022)

$40,659average salaries and wages per return

320tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	28.1%
$25,000 to $50,000	25.0%
$50,000 to $75,000	18.8%
$75,000 to $100,000	12.5%
$100,000 to $200,000	15.6%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 80833?

HUD's FY2027 Small Area FMRs for ZIP 80833 (Colorado Springs, CO) are $750 efficiency, $850 one bedroom, $1,010 two bedrooms, $1,410 three and $1,610 four bedrooms.

What payment standard can a housing authority set in ZIP 80833?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 80833?

Tax returns filed from ZIP 80833 reported an average adjusted gross income of $56,784 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 21% of that income.