FY2026 Fair Market Rents — Montrose County, CO
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$884
1BR
$890
2BR
$1,168
3BR
$1,624
4BR
$1,959
Hours/week at min wage
61 hrs
to afford the 2BR FMR @ $14.81/hr (CO)
YoY change (2BR)
+2%
+$23 vs FY2025 · 5-yr +29.3%
Voucher payment standard
$1,051–$1,285
PHAs set HCV payment at 90–110% of the 2BR FMR
Montrose 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) | $884 | $10,608 |
| 1-Bedroom | $890 | $10,680 |
| 2-Bedroom | $1,168 | $14,016 |
| 3-Bedroom | $1,624 | $19,488 |
| 4-Bedroom | $1,959 | $23,508 |
Recent 2-Bedroom FMR Trend
FY2020 $817 → FY2026 $1,168
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $884 | $890 | $1,168 | $1,624 | $1,959 |
| FY2025 | $867 | $873 | $1,145 | $1,604 | $1,923 |
| FY2024 | $914 | $920 | $1,209 | $1,704 | $2,052 |
| FY2023 | $801 | $807 | $1,062 | $1,509 | $1,809 |
| FY2022 | $772 | $777 | $1,022 | $1,452 | $1,548 |
| FY2021 | $681 | $685 | $903 | $1,292 | $1,385 |
| FY2020 | $616 | $620 | $817 | $1,151 | $1,155 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $89,900
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI (Low) | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,016/yr
FMR as % of Area Median Income
15.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$46,720/yr
$3,893/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 | $786 | $899 | $1,011 | $1,213 | $1,303 |
| 60% AMI Maximum | $943 | $1,078 | $1,213 | $1,456 | $1,564 |
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 | $884 | $890 | $1,168 | $1,460 | $1,460 |
| Low HOME Rent | $852 | $975 | $1,096 | $1,217 | $1,315 |
Compare Montrose 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