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

The HUD Fair Market Rent for a 2-bedroom unit in Teller County, CO HUD Metro FMR Area is $1,493 per month for fiscal year 2026. The studio FMR is $1,029, 1-bedroom is $1,362, 3-bedroom is $2,076, and 4-bedroom is $2,505.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $59,720 per year ($4,977 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,493 in Teller County, CO HUD Metro FMR Area.

FY2026 Fair Market Rents — Teller County, CO HUD Metro FMR Area

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

Studio

$1,029

1BR

$1,362

2BR

$1,493

3BR

$2,076

4BR

$2,505

Hours/week at min wage

78 hrs

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

National rank

#193

of 661 U.S. metros (top 30% most expensive)

YoY change (2BR)

+1.9%

+$28 vs FY2025 · 5-yr +29.5%

Voucher payment standard

$1,344–$1,642

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

Teller County, CO HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,029	$12,348
1-Bedroom	$1,362	$16,344
2-Bedroom	$1,493	$17,916
3-Bedroom	$2,076	$24,912
4-Bedroom	$2,505	$30,060

Recent 2-Bedroom FMR Trend

FY2020 $1,116 → FY2026 $1,493

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,029	$1,362	$1,493	$2,076	$2,505
FY2025	$1,005	$1,323	$1,465	$2,053	$2,460
FY2024	$1,029	$1,352	$1,518	$2,139	$2,576
FY2023	$899	$1,122	$1,344	$1,910	$2,289
FY2022	$817	$962	$1,229	$1,746	$2,104
FY2021	$761	$875	$1,153	$1,650	$1,875
FY2020	$727	$847	$1,116	$1,610	$1,858

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $112,600

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$23,700	$27,050	$30,450	$33,800	$38,680	$44,360
50% AMI (Very Low)	$39,450	$45,050	$50,700	$56,300	$60,850	$65,350
80% AMI (Low)	$63,100	$72,100	$81,100	$90,100	$97,350	$104,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$17,916/yr

FMR as % of Area Median Income

15.9% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$59,720/yr

$4,977/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	$985	$1,126	$1,266	$1,520	$1,632
60% AMI Maximum	$1,182	$1,351	$1,520	$1,824	$1,959

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	$1,029	$1,362	$1,493	$1,829	$1,829
Low HOME Rent	$986	$1,126	$1,267	$1,407	$1,521

Compare Teller County, 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

Counties in This FMR Area

Teller County