FY2026 Fair Market Rents — Garfield County
Studio
$1,215
1BR
$1,223
2BR
$1,605
3BR
$2,232
4BR
$2,391
Garfield County, Colorado
FIPS 08045 · County-level FMR and income limit data
FMR Area: Garfield County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,215 | $14,580 |
| 1-Bedroom | $1,223 | $14,676 |
| 2-Bedroom | $1,605 | $19,260 |
| 3-Bedroom | $2,232 | $26,784 |
| 4-Bedroom | $2,391 | $28,692 |
To afford the FY2026 2-bedroom FMR of $1,605/mo under the 30%-of-income rule, a household needs about
$64,200/yr ($5,350/mo). Area Median Income is $114,100.
At CO's state minimum wage of $14.81/hr, a worker would need to work 84 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,215 | $1,223 | $1,605 | $2,232 | $2,391 |
| FY2025 | $1,211 | $1,219 | $1,599 | $2,241 | $2,463 |
| FY2024 | $1,162 | $1,170 | $1,537 | $2,166 | $2,438 |
| FY2023 | $1,094 | $1,101 | $1,357 | $1,861 | $2,275 |
| FY2022 | $1,094 | $1,101 | $1,387 | $1,865 | $2,374 |
| FY2021 | $947 | $953 | $1,212 | $1,636 | $2,098 |
| FY2020 | $866 | $872 | $1,140 | $1,551 | $1,982 |
FY2026 Income Limits
Area Median Income: $114,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,000 | $27,400 | $30,850 | $34,250 | $38,680 | $44,360 |
| 50% AMI | $39,950 | $45,650 | $51,350 | $57,050 | $61,650 | $66,200 |
| 80% AMI | $63,950 | $73,050 | $82,200 | $91,300 | $98,650 | $105,950 |