HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Ouray County, Colorado (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Ouray County is $1,526 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,526
FY 2026, utilities included
Payment standard range
$1,373 to $1,679
90% to 110% of FMR
Income to afford 2BR
$61,040
per year, at 30% of income
Rank in Colorado
22nd of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Ouray moves to $1,640. That's up 7%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Ouray actually rent for?
Search any address in Ouray 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 | $1,170 | $1,053 to $1,287 | $46,800 | $22.50/hr | -4.3% |
| 1 bedroom | $1,245 | $1,121 to $1,370 | $49,800 | $23.94/hr | +1.2% |
| 2 bedroom | $1,526 | $1,373 to $1,679 | $61,040 | $29.35/hr | -5.5% |
| 3 bedroom | $2,122 | $1,910 to $2,334 | $84,880 | $40.81/hr | -4.1% |
| 4 bedroom | $2,392 | $2,153 to $2,631 | $95,680 | $46.00/hr | -7.4% |
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 | $2,751 | $2,476 to $3,026 |
| 6 bedroom Estimate | $3,110 | $2,799 to $3,421 |
| 7 bedroom Estimate | $3,468 | $3,121 to $3,815 |
| 8 bedroom Estimate | $3,827 | $3,444 to $4,210 |
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 Ouray, that runs from $1,170 for a studio up to $2,392 for four bedrooms, all five rates in the table above.
Because Ouray 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, Ouray included.
Among Colorado's 64 counties, Ouray ranks 22nd for two-bedroom FMR. That's about 22% above the state median of $1,247 and about 50% above the national median county at $1,018. About 4,936 people live here, 51st in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,460 in 81427 (Ouray) and $1,610 in 81432 (Ridgway), with the 2 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 Ouray somewhere between $1,373 and $1,679. 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.
$1,526 a month is affordable, by HUD's 30% rule, on an income of roughly $61,040 a year. Put another way, $29 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% ($1,373) | HAP at 100% ($1,526) | HAP at 110% ($1,679) |
|---|---|---|---|---|
| $2,500 | $750 | $623 | $776 | $929 |
| $4,000 | $1,200 | $173 | $326 | $479 |
Rate history
The two-bedroom rate went down 5% from FY 2025 ($1,614) to FY 2026 ($1,526). Since FY 2020 it's up 32% in total, about 4.7% 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 | $755 | $880 | $1,159 | $1,444 | $1,798 | — |
| FY 2021 | $1,024 | $1,031 | $1,359 | $1,690 | $2,052 | +17.3% |
| FY 2022 | $1,169 | $1,176 | $1,548 | $1,914 | $2,294 | +13.9% |
| FY 2023 | $1,206 | $1,214 | $1,598 | $2,122 | $2,242 | +3.2% |
| FY 2024 | $1,340 | $1,349 | $1,772 | $2,384 | $2,405 | +10.9% |
| FY 2025 | $1,222 | $1,230 | $1,614 | $2,213 | $2,582 | -8.9% |
| FY 2026 | $1,170 | $1,245 | $1,526 | $2,122 | $2,392 | -5.5% |
| FY 2027 | $1,218 | $1,507 | $1,640 | $2,271 | $2,547 | +7.5% |
Nearby counties
Questions people ask
$1,526 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,170 for a studio, $1,245 for one bedroom, $2,122 for three and $2,392 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 Ouray actually go for?
HUD's number is one input. Search any address in Ouray for a rent estimate built from nearby comps. 3 free searches, no card.
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