FY2026 Fair Market Rents — Rio Grande County, CO
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$839
1BR
$976
2BR
$1,094
3BR
$1,312
4BR
$1,715
Hours/week at min wage
57 hrs
to afford the 2BR FMR @ $14.81/hr (CO)
YoY change (2BR)
+6.6%
+$68 vs FY2025 · 5-yr +46.8%
Voucher payment standard
$985–$1,203
PHAs set HCV payment at 90–110% of the 2BR FMR
Rio Grande 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) | $839 | $10,068 |
| 1-Bedroom | $976 | $11,712 |
| 2-Bedroom | $1,094 | $13,128 |
| 3-Bedroom | $1,312 | $15,744 |
| 4-Bedroom | $1,715 | $20,580 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $1,094
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $839 | $976 | $1,094 | $1,312 | $1,715 |
| FY2025 | $799 | $876 | $1,026 | $1,236 | $1,641 |
| FY2024 | $842 | $843 | $1,073 | $1,297 | $1,728 |
| FY2023 | $691 | $695 | $899 | $1,204 | $1,452 |
| FY2022 | $689 | $693 | $866 | $1,230 | $1,391 |
| FY2021 | $606 | $609 | $745 | $1,047 | $1,051 |
| FY2020 | $572 | $576 | $714 | $975 | $995 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $87,800
| 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
$13,128/yr
FMR as % of Area Median Income
15% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,760/yr
$3,647/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 | $768 | $878 | $987 | $1,185 | $1,273 |
| 60% AMI Maximum | $921 | $1,053 | $1,185 | $1,422 | $1,527 |
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 | $839 | $976 | $1,094 | $1,312 | $1,426 |
| Low HOME Rent | $852 | $975 | $1,096 | $1,217 | $1,315 |
Compare Rio Grande 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