HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Rio Grande County, Colorado (FY 2026)
$1,094 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Rio Grande County, and it's the baseline every voucher in Rio Grande is measured against.
2 bedroom FMR
$1,094
FY 2026, utilities included
Payment standard range
$985 to $1,203
90% to 110% of FMR
Income to afford 2BR
$43,760
per year, at 30% of income
Rank in Colorado
47th of 64
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Rio Grande moves to $1,220. That's up 12%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Rio Grande actually rent for?
Search any address in Rio Grande 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 | $839 | $755 to $923 | $33,560 | $16.13/hr | +5.0% |
| 1 bedroom | $976 | $878 to $1,074 | $39,040 | $18.77/hr | +11.4% |
| 2 bedroom | $1,094 | $985 to $1,203 | $43,760 | $21.04/hr | +6.6% |
| 3 bedroom | $1,312 | $1,181 to $1,443 | $52,480 | $25.23/hr | +6.1% |
| 4 bedroom | $1,715 | $1,544 to $1,887 | $68,600 | $32.98/hr | +4.5% |
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 | $1,972 | $1,775 to $2,169 |
| 6 bedroom Estimate | $2,230 | $2,007 to $2,453 |
| 7 bedroom Estimate | $2,487 | $2,238 to $2,736 |
| 8 bedroom Estimate | $2,744 | $2,470 to $3,018 |
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 Rio Grande, that runs from $839 for a studio up to $1,715 for four bedrooms, all five rates in the table above.
Because Rio Grande 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, Del Norte included.
Among Colorado's 64 counties, Rio Grande ranks 47th for two-bedroom FMR. That's about 12% below the state median of $1,247 and about 7% above the national median county at $1,018. About 11,442 people live here, 37th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,070 in 81132 (Del Norte) and $1,200 in 81154 (South Fork), with the 4 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 Rio Grande somewhere between $985 and $1,203. 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.
$1,094 a month is affordable, by HUD's 30% rule, on an income of roughly $43,760 a year. Put another way, $21 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% ($985) | HAP at 100% ($1,094) | HAP at 110% ($1,203) |
|---|---|---|---|---|
| $2,500 | $750 | $235 | $344 | $453 |
| $4,000 | $1,200 | $0 | $0 | $3 |
Rate history
The two-bedroom rate went up 7% from FY 2025 ($1,026) to FY 2026 ($1,094). Since FY 2020 it's up 53% in total, about 7.4% 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 | $572 | $576 | $714 | $975 | $995 | — |
| FY 2021 | $606 | $609 | $745 | $1,047 | $1,051 | +4.3% |
| FY 2022 | $689 | $693 | $866 | $1,230 | $1,391 | +16.2% |
| FY 2023 | $691 | $695 | $899 | $1,204 | $1,452 | +3.8% |
| FY 2024 | $842 | $843 | $1,073 | $1,297 | $1,728 | +19.4% |
| FY 2025 | $799 | $876 | $1,026 | $1,236 | $1,641 | -4.4% |
| FY 2026 | $839 | $976 | $1,094 | $1,312 | $1,715 | +6.6% |
| FY 2027 | $906 | $939 | $1,220 | $1,454 | $1,895 | +11.5% |
Nearby counties
Questions people ask
$1,094 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $839 for a studio, $976 for one bedroom, $1,312 for three and $1,715 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 Rio Grande actually go for?
HUD's number is one input. Search any address in Rio Grande for a rent estimate built from nearby comps. 3 free searches, no card.
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