FY2026 Fair Market Rents — Montezuma County
Studio
$852
1BR
$906
2BR
$1,180
3BR
$1,569
4BR
$1,850
Montezuma County, Colorado
FIPS 08083 · County-level FMR and income limit data
FMR Area: Montezuma County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $852 | $10,224 |
| 1-Bedroom | $906 | $10,872 |
| 2-Bedroom | $1,180 | $14,160 |
| 3-Bedroom | $1,569 | $18,828 |
| 4-Bedroom | $1,850 | $22,200 |
To afford the FY2026 2-bedroom FMR of $1,180/mo under the 30%-of-income rule, a household needs about
$47,200/yr ($3,933/mo). Area Median Income is $84,800.
At CO's state minimum wage of $14.81/hr, a worker would need to work 62 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $852 | $906 | $1,180 | $1,569 | $1,850 |
| FY2025 | $886 | $892 | $1,170 | $1,436 | $1,965 |
| FY2024 | $910 | $966 | $1,269 | $1,534 | $2,043 |
| FY2023 | $847 | $852 | $1,122 | $1,366 | $1,911 |
| FY2022 | $765 | $812 | $1,068 | $1,320 | $1,574 |
| FY2021 | $684 | $688 | $907 | $1,151 | $1,429 |
| FY2020 | $594 | $598 | $787 | $1,039 | $1,311 |
FY2026 Income Limits
Area Median Income: $84,800
| 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 |