FY2026 Fair Market Rents — San Miguel County
Studio
$1,245
1BR
$1,254
2BR
$1,645
3BR
$2,288
4BR
$2,579
San Miguel County, Colorado
FIPS 08113 · County-level FMR and income limit data
FMR Area: San Miguel County, CO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,245 | $14,940 |
| 1-Bedroom | $1,254 | $15,048 |
| 2-Bedroom | $1,645 | $19,740 |
| 3-Bedroom | $2,288 | $27,456 |
| 4-Bedroom | $2,579 | $30,948 |
To afford the FY2026 2-bedroom FMR of $1,645/mo under the 30%-of-income rule, a household needs about
$65,800/yr ($5,483/mo). Area Median Income is $131,100.
At CO's state minimum wage of $14.81/hr, a worker would need to work 86 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,245 | $1,254 | $1,645 | $2,288 | $2,579 |
| FY2025 | $1,318 | $1,326 | $1,743 | $2,438 | $2,806 |
| FY2024 | $1,312 | $1,473 | $1,936 | $2,341 | $3,117 |
| FY2023 | $1,144 | $1,300 | $1,711 | $2,082 | $2,763 |
| FY2022 | $1,112 | $1,296 | $1,673 | $2,137 | $2,687 |
| FY2021 | $984 | $1,159 | $1,491 | $2,061 | $2,347 |
| FY2020 | $884 | $1,030 | $1,357 | $1,877 | $2,105 |
FY2026 Income Limits
Area Median Income: $131,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $27,550 | $31,500 | $35,450 | $39,350 | $42,500 | $45,650 |
| 50% AMI | $45,900 | $52,450 | $59,000 | $65,550 | $70,800 | $76,050 |
| 80% AMI | $73,450 | $83,950 | $94,450 | $104,900 | $113,300 | $121,700 |