FY2026 Fair Market Rents — Cheyenne County
Studio
$790
1BR
$796
2BR
$1,044
3BR
$1,343
4BR
$1,637
Cheyenne County, Colorado
FIPS 08017 · County-level FMR and income limit data
FMR Area: Cheyenne County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $790 | $9,480 |
| 1-Bedroom | $796 | $9,552 |
| 2-Bedroom | $1,044 | $12,528 |
| 3-Bedroom | $1,343 | $16,116 |
| 4-Bedroom | $1,637 | $19,644 |
To afford the FY2026 2-bedroom FMR of $1,044/mo under the 30%-of-income rule, a household needs about
$41,760/yr ($3,480/mo). Area Median Income is $84,500.
At CO's state minimum wage of $14.81/hr, a worker would need to work 55 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $790 | $796 | $1,044 | $1,343 | $1,637 |
| FY2025 | $797 | $803 | $1,053 | $1,302 | $1,684 |
| FY2024 | $701 | $706 | $927 | $1,298 | $1,493 |
| FY2023 | $623 | $628 | $826 | $1,164 | $1,334 |
| FY2022 | $572 | $575 | $757 | $1,075 | $1,216 |
| FY2021 | $553 | $557 | $734 | $985 | $1,156 |
| FY2020 | $539 | $542 | $714 | $914 | $1,107 |
FY2026 Income Limits
Area Median Income: $84,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |