Teller County, CO

2024 Fair Market Rents

Tags: 2024 Teller County, CO HUD Metro FMR Area

Return to the state page to see where Colorado ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Teller County are Divide, Woodland Park, Cripple Creek, and Victor. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Teller County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Teller County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Teller County compare?

Teller County ($1,518) has a 4% higher FMR for 2-Bedroom housing than the average of Colorado ($1,460) and therefore a higher gross rent.

Teller County is rank 23rd out of 64 counties. This means the FMRs, or in other words, the gross rent is higher than 41 other counties. Teller County is the 23rd most expensive county in terms of FMRs.

Rent Tables Teller County, CO

Fair Market Rent (40th Percentile)

$1,029
studio
$1,352
1-Bedroom
$1,518
2-Bedroom
$2,139
3-Bedroom
$2,576
4-Bedroom

Median Rent (50th Percentile)

$1,112
studio
$1,461
1-Bedroom
$1,640
2-Bedroom
$2,311
3-Bedroom
$2,783
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
80813 $830 $1,090 $1,220 $1,720 $2,070
80814 $1,050 $1,380 $1,540 $2,180 $2,620
80860 $810 $1,010 $1,210 $1,720 $2,070
80866 $1,030 $1,350 $1,520 $2,140 $2,580
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
80813 $747 $981 $1,098 $1,548 $1,863
80814 $945 $1,242 $1,386 $1,962 $2,358
80860 $729 $909 $1,089 $1,548 $1,863
80866 $927 $1,215 $1,368 $1,926 $2,322
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
80813 $913 $1,199 $1,342 $1,892 $2,277
80814 $1,155 $1,518 $1,694 $2,398 $2,882
80860 $891 $1,111 $1,331 $1,892 $2,277
80866 $1,133 $1,485 $1,672 $2,354 $2,838

Fair Market Rents on this page apply to the following cities in Teller County, Colorado: Divide, Woodland Park, Cripple Creek, and Victor.

These Fair Market Rents also apply to the following ZIP codes in Teller County, Colorado: 80814, 80866, 80813, and 80860.

Teller County, CO is considered part of the following metro FMR area: TELLER COUNTY, CO HUD METRO FMR AREA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.