What is the Fair Market Rent in Palmer Lake, CO?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 80133, which covers Palmer Lake, is $1,850 a month.

Across the whole Colorado Springs, CO HUD Metro FMR Area the two-bedroom figure is $1,621.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,621
2 bedrooms, ZIP 80133: $1,850

Fair Market Rents for Palmer Lake, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Colorado Springs, CO HUD Metro FMR Area (whole area)	$1,129	$1,380	$1,621	$2,245	$2,574	—
ZIP 80133 (91% of the ZIP’s land is in this place)	$1,290	$1,580	$1,850	$2,560	$2,940	$1,911

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Palmer Lake

What is the Section 8 payment standard in Palmer Lake?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Colorado Springs, CO HUD Metro FMR Area is $1,621, and the Small Area figure for 80133 is $1,850.

What is the Fair Market Rent for a two-bedroom in ZIP 80133?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 80133 is $1,850 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,911 (±$802).

What is the Fair Market Rent for a one-bedroom in Palmer Lake?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 80133 is $1,580 a month, against $1,380 across the Colorado Springs, CO HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.