FY2026 Fair Market Rents — Montrose County
Studio
$884
1BR
$890
2BR
$1,168
3BR
$1,624
4BR
$1,959
Montrose County, Colorado
FIPS 08085 · County-level FMR and income limit data
FMR Area: Montrose County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $884 | $10,608 |
| 1-Bedroom | $890 | $10,680 |
| 2-Bedroom | $1,168 | $14,016 |
| 3-Bedroom | $1,624 | $19,488 |
| 4-Bedroom | $1,959 | $23,508 |
To afford the FY2026 2-bedroom FMR of $1,168/mo under the 30%-of-income rule, a household needs about
$46,720/yr ($3,893/mo). Area Median Income is $89,900.
At CO's state minimum wage of $14.81/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $884 | $890 | $1,168 | $1,624 | $1,959 |
| FY2025 | $867 | $873 | $1,145 | $1,604 | $1,923 |
| FY2024 | $914 | $920 | $1,209 | $1,704 | $2,052 |
| FY2023 | $801 | $807 | $1,062 | $1,509 | $1,809 |
| FY2022 | $772 | $777 | $1,022 | $1,452 | $1,548 |
| FY2021 | $681 | $685 | $903 | $1,292 | $1,385 |
| FY2020 | $616 | $620 | $817 | $1,151 | $1,155 |
FY2026 Income Limits
Area Median Income: $89,900
| 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 |