FY2026 Fair Market Rents — Otero County, CO
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$737
1BR
$742
2BR
$973
3BR
$1,303
4BR
$1,632
Hours/week at min wage
51 hrs
to afford the 2BR FMR @ $14.81/hr (CO)
YoY change (2BR)
+4.3%
+$40 vs FY2025 · 5-yr +16.9%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR
Otero 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) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,303 | $15,636 |
| 4-Bedroom | $1,632 | $19,584 |
Recent 2-Bedroom FMR Trend
FY2020 $756 → FY2026 $973
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $737 | $742 | $973 | $1,303 | $1,632 |
| FY2025 | $707 | $711 | $933 | $1,297 | $1,567 |
| FY2024 | $769 | $774 | $1,017 | $1,370 | $1,726 |
| FY2023 | $678 | $683 | $899 | $1,210 | $1,513 |
| FY2022 | $703 | $708 | $931 | $1,186 | $1,515 |
| FY2021 | $627 | $631 | $832 | $1,035 | $1,312 |
| FY2020 | $570 | $574 | $756 | $942 | $1,173 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $68,500
| 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
$11,676/yr
FMR as % of Area Median Income
17% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,920/yr
$3,243/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 | $599 | $685 | $770 | $924 | $993 |
| 60% AMI Maximum | $719 | $822 | $924 | $1,109 | $1,191 |
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 | $737 | $742 | $973 | $1,113 | $1,113 |
| Low HOME Rent | $852 | $975 | $1,096 | $1,217 | $1,315 |
Compare Otero 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