FY2026 Fair Market Rents — Lake County
Studio
$1,017
1BR
$1,024
2BR
$1,343
3BR
$1,714
4BR
$2,106
Lake County, Colorado
FIPS 08065 · County-level FMR and income limit data
FMR Area: Lake County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,017 | $12,204 |
| 1-Bedroom | $1,024 | $12,288 |
| 2-Bedroom | $1,343 | $16,116 |
| 3-Bedroom | $1,714 | $20,568 |
| 4-Bedroom | $2,106 | $25,272 |
To afford the FY2026 2-bedroom FMR of $1,343/mo under the 30%-of-income rule, a household needs about
$53,720/yr ($4,477/mo). Area Median Income is $124,600.
At CO's state minimum wage of $14.81/hr, a worker would need to work 70 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,017 | $1,024 | $1,343 | $1,714 | $2,106 |
| FY2025 | $986 | $992 | $1,302 | $1,664 | $2,082 |
| FY2024 | $1,031 | $1,038 | $1,364 | $1,753 | $2,196 |
| FY2023 | $796 | $859 | $970 | $1,379 | $1,567 |
| FY2022 | $813 | $841 | $958 | $1,361 | $1,539 |
| FY2021 | $746 | $763 | $870 | $1,245 | $1,370 |
| FY2020 | $670 | $682 | $787 | $1,119 | $1,206 |
FY2026 Income Limits
Area Median Income: $124,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,150 | $27,600 | $31,050 | $34,450 | $38,680 | $44,360 |
| 50% AMI | $40,200 | $45,950 | $51,700 | $57,450 | $62,050 | $66,650 |
| 80% AMI | $64,350 | $73,550 | $82,750 | $91,900 | $99,300 | $106,650 |