HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Gunnison County, Colorado (FY 2026)
$1,334 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Gunnison County, and it's the baseline every voucher in Gunnison is measured against.
2 bedroom FMR
$1,334
FY 2026, utilities included
Payment standard range
$1,201 to $1,467
90% to 110% of FMR
Income to afford 2BR
$53,360
per year, at 30% of income
Rank in Colorado
29th of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Gunnison moves to $1,437. That's up 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Gunnison actually rent for?
Search any address in Gunnison for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $1,015 | $914 to $1,117 | $40,600 | $19.52/hr | +1.5% |
| 1 bedroom | $1,149 | $1,034 to $1,264 | $45,960 | $22.10/hr | +6.1% |
| 2 bedroom | $1,334 | $1,201 to $1,467 | $53,360 | $25.65/hr | +0.6% |
| 3 bedroom | $1,855 | $1,670 to $2,041 | $74,200 | $35.67/hr | -0.2% |
| 4 bedroom | $2,238 | $2,014 to $2,462 | $89,520 | $43.04/hr | -0.4% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,574 | $2,317 to $2,831 |
| 6 bedroom Estimate | $2,909 | $2,618 to $3,200 |
| 7 bedroom Estimate | $3,245 | $2,921 to $3,570 |
| 8 bedroom Estimate | $3,581 | $3,223 to $3,939 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Gunnison, that runs from $1,015 for a studio up to $2,238 for four bedrooms, all five rates in the table above.
Because Gunnison sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Crested Butte included.
Among Colorado's 64 counties, Gunnison ranks 29th for two-bedroom FMR. That's about 7% above the state median of $1,247 and about 31% above the national median county at $1,018. About 17,018 people live here, 30th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,220 in 81243 (Powderhorn) and $1,730 in 81225 (Crested Butte), with the 9 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Gunnison somewhere between $1,201 and $1,467. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,334 a month is affordable, by HUD's 30% rule, on an income of roughly $53,360 a year. Put another way, $26 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,201) | HAP at 100% ($1,334) | HAP at 110% ($1,467) |
|---|---|---|---|---|
| $2,500 | $750 | $451 | $584 | $717 |
| $4,000 | $1,200 | $1 | $134 | $267 |
Rate history
The two-bedroom rate went up 1% from FY 2025 ($1,326) to FY 2026 ($1,334). Since FY 2020 it's up 53% in total, about 7.3% a year. The Colorado median held flat over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $718 | $722 | $874 | $1,243 | $1,534 | — |
| FY 2021 | $820 | $825 | $1,012 | $1,448 | $1,752 | +15.8% |
| FY 2022 | $934 | $940 | $1,198 | $1,700 | $2,050 | +18.4% |
| FY 2023 | $961 | $967 | $1,273 | $1,721 | $2,168 | +6.3% |
| FY 2024 | $1,111 | $1,119 | $1,470 | $2,016 | $2,495 | +15.5% |
| FY 2025 | $1,000 | $1,083 | $1,326 | $1,858 | $2,246 | -9.8% |
| FY 2026 | $1,015 | $1,149 | $1,334 | $1,855 | $2,238 | +0.6% |
| FY 2027 | $1,222 | $1,276 | $1,437 | $1,990 | $2,231 | +7.7% |
Nearby counties
Questions people ask
$1,334 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,015 for a studio, $1,149 for one bedroom, $1,855 for three and $2,238 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Gunnison actually go for?
HUD's number is one input. Search any address in Gunnison for a rent estimate built from nearby comps. 3 free searches, no card.
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