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Section 8 rent in Colorado Springs, CO

FY2025 HUD Small Area Fair Market Rents for the Colorado Springs, CO HUD Metro FMR Area, covering 62 ZIP codes.

$1,885Avg 2BR FMR / mo
$2,074Avg 2BR at 110% Standard
62ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$850$1,300$1,990$1,430
1 Bedroom$1,000$1,559$2,210$1,715
2 Bedrooms$1,200$1,885$2,670$2,074
3 Bedrooms$1,620$2,628$3,740$2,891
4 Bedrooms$1,850$3,009$4,270$3,310

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$3,770$45,240
Triplex3 × 2BR$5,655$67,860
Fourplex4 × 2BR$7,540$90,480
Fourplex4 × 3BR$10,512$126,144

Gross scheduled rent before vacancy, maintenance and management. Run any Colorado multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 62 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
80927 $2,210 $2,670 $3,740 $4,270
80924 $2,200 $2,660 $3,730 $4,260
80118 $2,210 $2,650 $3,460 $3,880
80831 $2,130 $2,570 $3,600 $4,110
80925 $2,070 $2,500 $3,500 $4,000
80938 $2,060 $2,490 $3,490 $3,990
80951 $2,030 $2,450 $3,430 $3,920
80132 $1,990 $2,400 $3,360 $3,840
80840 $1,980 $2,390 $3,350 $3,830
80921 $1,970 $2,380 $3,330 $3,810
80914 $1,900 $2,340 $3,300 $3,880
80929 $1,920 $2,320 $3,250 $3,710
80902 $1,900 $2,300 $3,220 $3,680
80923 $1,880 $2,270 $3,180 $3,630
80920 $1,860 $2,250 $3,150 $3,600

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Colorado Springs, CO?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Colorado Springs, CO HUD Metro FMR Area is $1,885 per month, ranging from $1,200 to $2,670 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $2,074.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Colorado Springs, CO, 2-bedroom SAFMRs run from $1,200 to $2,670 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Colorado?
RealG searches live listings across Colorado, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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Every Colorado listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

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