HUD Fair Market Rent · FY 2026 · Effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Hinsdale County, Colorado (FY 2026)
A two-bedroom in Hinsdale County carries a FY 2026 Fair Market Rent of $1,145 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Hinsdale keys off that figure.
Two-bedroom FMR
$1,145
+4.1% from FY 2025
Payment standard
$1,031–$1,260
90% to 110% of the FMR, two-bedroom
Income to afford
$45,800
a year, with rent at 30% of income
Rank in Colorado
41st of 64
by two-bedroom FMR, highest first
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Hinsdale moves to $1,316. That's up 15%. The full FY 2027 table is in the history section below.
FY 2026 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $867 | $780–$954 | $34,680 | $16.67/hr | +1.2% |
| 1 bedroom | $873 | $786–$960 | $34,920 | $16.79/hr | +1.0% |
| 2 bedroom | $1,145 | $1,031–$1,260 | $45,800 | $22.02/hr | +4.1% |
| 3 bedroom | $1,461 | $1,315–$1,607 | $58,440 | $28.10/hr | +4.0% |
| 4 bedroom | $1,795 | $1,616–$1,975 | $71,800 | $34.52/hr | +2.0% |
Five to eight 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 | $2,064 | $1,858–$2,270 |
| 6 bedroom Estimate | $2,334 | $2,101–$2,567 |
| 7 bedroom Estimate | $2,603 | $2,343–$2,863 |
| 8 bedroom Estimate | $2,872 | $2,585–$3,159 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Hinsdale actually rent for?
Search any address in Hinsdale for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Hinsdale somewhere between $1,031 and $1,260. 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.
$1,145 a month is affordable, by HUD's 30% rule, on an income of roughly $45,800 a year. Put another way, $22 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,031 | Voucher pays at 100%$1,145 | Voucher pays at 110%$1,260 |
|---|---|---|---|---|
| $2,500 | $750 | $281 | $395 | $510 |
| $4,000 | $1,200 | $0 | $0 | $60 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($1,100) to FY 2026 ($1,145). Since FY 2020 it's up 49% in total, about 6.9% a year. The Colorado median held flat over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $552 | $676 | $769 | $1,049 | $1,193 | — |
| FY 2021 | $603 | $725 | $826 | $1,121 | $1,300 | +7.4% |
| FY 2022 | $791 | $818 | $932 | $1,244 | $1,497 | +12.8% |
| FY 2023 | $800 | $862 | $974 | $1,274 | $1,573 | +4.5% |
| FY 2024 | $893 | $928 | $1,137 | $1,461 | $1,831 | +16.7% |
| FY 2025 | $857 | $864 | $1,100 | $1,405 | $1,759 | -3.3% |
| FY 2026In effect | $867 | $873 | $1,145 | $1,461 | $1,795 | +4.1% |
| FY 2027From Oct 1, 2026 | $978 | $1,013 | $1,316 | $1,696 | $2,044 | +14.9% |
About this rate
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 Hinsdale, that runs from $867 for a studio up to $1,795 for four bedrooms, all five rates in the table above.
Because Hinsdale 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, Lake City included.
Among Colorado's 64 counties, Hinsdale ranks 41st for two-bedroom FMR. That's about 8% below the state median of $1,247 and about 12% above the national median county at $1,018. About 911 people live here, 62nd in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in Hinsdale, the two-bedroom rate is $1,150 across the board, so there's no ZIP-level story here.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 81235 | Lake City | $1,150 | +0.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Hinsdale.
Ouray County
23 mi · 4,936 people
$1,526
+33%
San Juan County
23 mi · 690 people
$1,227
+7%
Mineral County
24 mi · 794 people
$1,343
+17%
San Miguel County
48 mi · 8,082 people
$1,645
+44%
Gunnison County
52 mi · 17,018 people
$1,334
+17%
Montrose County
58 mi · 42,823 people
$1,168
+2%
Archuleta County
59 mi · 13,509 people
$1,337
+17%
Rio Grande County
60 mi · 11,442 people
$1,094
-4%
Questions people ask
$1,145 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $867 for a studio, $873 for one bedroom, $1,461 for three and $1,795 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Hinsdale actually go for?
HUD's number is one input. Search any address in Hinsdale for a rent estimate built from nearby comps. 3 free searches, no card.
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