FY2026 Fair Market Rents — Lake County, CO
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,017
1BR
$1,024
2BR
$1,343
3BR
$1,714
4BR
$2,106
Hours/week at min wage
70 hrs
to afford the 2BR FMR @ $14.81/hr (CO)
YoY change (2BR)
+3.1%
+$41 vs FY2025 · 5-yr +54.4%
Voucher payment standard
$1,209–$1,477
PHAs set HCV payment at 90–110% of the 2BR FMR
Lake County, CO
Non-Metropolitan area · CO · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,017 | $12,204 |
| 1-Bedroom | $1,024 | $12,288 |
| 2-Bedroom | $1,343 | $16,116 |
| 3-Bedroom | $1,714 | $20,568 |
| 4-Bedroom | $2,106 | $25,272 |
Recent 2-Bedroom FMR Trend
FY2020 $787 → FY2026 $1,343
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,017 | $1,024 | $1,343 | $1,714 | $2,106 |
| FY2025 | $986 | $992 | $1,302 | $1,664 | $2,082 |
| FY2024 | $1,031 | $1,038 | $1,364 | $1,753 | $2,196 |
| FY2023 | $796 | $859 | $970 | $1,379 | $1,567 |
| FY2022 | $813 | $841 | $958 | $1,361 | $1,539 |
| FY2021 | $746 | $763 | $870 | $1,245 | $1,370 |
| FY2020 | $670 | $682 | $787 | $1,119 | $1,206 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $124,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $24,150 | $27,600 | $31,050 | $34,450 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $40,200 | $45,950 | $51,700 | $57,450 | $62,050 | $66,650 |
| 80% AMI (Low) | $64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$16,116/yr
FMR as % of Area Median Income
12.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$53,720/yr
$4,477/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 | $1,090 | $1,246 | $1,401 | $1,682 | $1,806 |
| 60% AMI Maximum | $1,308 | $1,495 | $1,682 | $2,018 | $2,168 |
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 | $1,017 | $1,024 | $1,343 | $1,714 | $2,024 |
| Low HOME Rent | $1,005 | $1,148 | $1,292 | $1,436 | $1,551 |
Compare Lake County, CO 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