What is the Fair Market Rent for a 2-bedroom in Colorado Springs, CO HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Colorado Springs, CO HUD Metro FMR Area is $1,735 per month for fiscal year 2026. The studio FMR is $1,196, 1-bedroom is $1,464, 3-bedroom is $2,413, and 4-bedroom is $2,744.

What income do you need to afford the FMR in Colorado Springs, CO HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $69,400 per year ($5,783 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,735 in Colorado Springs, CO HUD Metro FMR Area.

FY2026 Fair Market Rents — Colorado Springs, CO HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,196

1BR

$1,464

2BR

$1,735

3BR

$2,413

4BR

$2,744

Hours/week at min wage

91 hrs

to afford the 2BR FMR @ $14.81/hr (CO)

YoY change (2BR)

-2.4%

$43 vs FY2025 · 5-yr +44.6%

Voucher payment standard

$1,562–$1,909

PHAs set HCV payment at 90–110% of the 2BR FMR

Colorado Springs, CO HUD Metro FMR Area

Non-Metropolitan area · CO · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,196	$14,352
1-Bedroom	$1,464	$17,568
2-Bedroom	$1,735	$20,820
3-Bedroom	$2,413	$28,956
4-Bedroom	$2,744	$32,928

Recent 2-Bedroom FMR Trend

FY2020 $1,141 → FY2026 $1,735

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,196	$1,464	$1,735	$2,413	$2,744
FY2025	$1,219	$1,472	$1,778	$2,491	$2,846
FY2024	$1,190	$1,408	$1,734	$2,444	$2,875
FY2023	$1,020	$1,183	$1,484	$2,109	$2,528
FY2022	$885	$1,033	$1,302	$1,849	$2,229
FY2021	$797	$949	$1,200	$1,717	$2,078
FY2020	$743	$897	$1,141	$1,646	$2,003

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $116,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$24,450	$27,950	$31,450	$34,900	$38,680	$44,360
50% AMI (Very Low)	$40,750	$46,600	$52,400	$58,200	$62,900	$67,550
80% AMI (Low)	$65,200	$74,500	$83,800	$93,100	$100,550	$108,000

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$20,820/yr

FMR as % of Area Median Income

17.9% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$69,400/yr

$5,783/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$1,018	$1,164	$1,309	$1,571	$1,687
60% AMI Maximum	$1,222	$1,396	$1,571	$1,885	$2,025

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,196	$1,464	$1,735	$1,891	$1,891
Low HOME Rent	$1,018	$1,165	$1,310	$1,455	$1,572

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,735. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

80927	$2,600
80831	$2,530
80925	$2,430
80924	$2,400
80118	$2,390

Lowest-cost ZIPs (2BR SAFMR)

80833	$1,120
80808	$1,130
80832	$1,190
80829	$1,290
80106	$1,350

All 60 ZIP codes in this area

80106 80118 80132 80133 80808 80809 80819 80829 80831 80832 80833 80835 80840 80841 80863 80864 80901 80902 80903 80904 80905 80906 80907 80908 80909 80910 80911 80912 80913 80914 80915 80916 80917 80918 80919 80920 80921 80922 80923 80924 80925 80926 80927 80928 80929 80930 80931 80932 80933 80934 80935 80936 80937 80938 80939 80949 80951 80960 80962 80970

Compare Colorado Springs, CO HUD Metro FMR Area With Other CO Metros

vs. Boulder, CO MSA vs. Colorado Springs, CO HUD Metro FMR Area vs. Denver-Aurora-Lakewood, CO MSA vs. Fort Collins, CO MSA vs. Grand Junction, CO MSA