FY2026 Fair Market Rents — Rio Grande County
Studio
$839
1BR
$976
2BR
$1,094
3BR
$1,312
4BR
$1,715
Rio Grande County, Colorado
FIPS 08105 · County-level FMR and income limit data
FMR Area: Rio Grande County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $839 | $10,068 |
| 1-Bedroom | $976 | $11,712 |
| 2-Bedroom | $1,094 | $13,128 |
| 3-Bedroom | $1,312 | $15,744 |
| 4-Bedroom | $1,715 | $20,580 |
To afford the FY2026 2-bedroom FMR of $1,094/mo under the 30%-of-income rule, a household needs about
$43,760/yr ($3,647/mo). Area Median Income is $87,800.
At CO's state minimum wage of $14.81/hr, a worker would need to work 57 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $839 | $976 | $1,094 | $1,312 | $1,715 |
| FY2025 | $799 | $876 | $1,026 | $1,236 | $1,641 |
| FY2024 | $842 | $843 | $1,073 | $1,297 | $1,728 |
| FY2023 | $691 | $695 | $899 | $1,204 | $1,452 |
| FY2022 | $689 | $693 | $866 | $1,230 | $1,391 |
| FY2021 | $606 | $609 | $745 | $1,047 | $1,051 |
| FY2020 | $572 | $576 | $714 | $975 | $995 |
FY2026 Income Limits
Area Median Income: $87,800
| 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 |