HUD Fair Market Rent · FY 2026 · Effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in San Juan County, Colorado (FY 2026)
$1,227 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in San Juan County, and it's the baseline every voucher in San Juan is measured against.
Two-bedroom FMR
$1,227
-8.3% from FY 2025
Payment standard
$1,104–$1,350
90% to 110% of the FMR, two-bedroom
Income to afford
$49,080
a year, with rent at 30% of income
Rank in Colorado
34th of 64
by two-bedroom FMR, highest first
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in San Juan moves to $1,344. That's up 10%. 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 | $945 | $851–$1,040 | $37,800 | $18.17/hr | -10.0% |
| 1 bedroom | $1,119 | $1,007–$1,231 | $44,760 | $21.52/hr | -6.1% |
| 2 bedroom | $1,227 | $1,104–$1,350 | $49,080 | $23.60/hr | -8.3% |
| 3 bedroom | $1,509 | $1,358–$1,660 | $60,360 | $29.02/hr | -6.7% |
| 4 bedroom | $1,924 | $1,732–$2,116 | $76,960 | $37.00/hr | -5.9% |
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 | $2,213 | $1,992–$2,434 |
| 6 bedroom Estimate | $2,501 | $2,251–$2,751 |
| 7 bedroom Estimate | $2,790 | $2,511–$3,069 |
| 8 bedroom Estimate | $3,078 | $2,770–$3,386 |
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 San Juan actually rent for?
Search any address in San Juan 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 San Juan somewhere between $1,104 and $1,350. 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.
$1,227 a month is affordable, by HUD's 30% rule, on an income of roughly $49,080 a year. Put another way, $24 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%$1,104 | Voucher pays at 100%$1,227 | Voucher pays at 110%$1,350 |
|---|---|---|---|---|
| $2,500 | $750 | $354 | $477 | $600 |
| $4,000 | $1,200 | $0 | $27 | $150 |
Rate history
The two-bedroom rate went down 8% from FY 2025 ($1,338) to FY 2026 ($1,227). Since FY 2020 it's up 22% in total, about 3.4% 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 | $774 | $778 | $1,004 | $1,258 | $1,538 | — |
| FY 2021 | $796 | $801 | $979 | $1,328 | $1,541 | -2.5% |
| FY 2022 | $902 | $907 | $1,134 | $1,513 | $1,821 | +15.8% |
| FY 2023 | $1,099 | $1,106 | $1,411 | $1,717 | $1,895 | +24.4% |
| FY 2024 | $1,166 | $1,324 | $1,486 | $1,797 | $1,979 | +5.3% |
| FY 2025 | $1,050 | $1,192 | $1,338 | $1,618 | $2,044 | -10.0% |
| FY 2026In effect | $945 | $1,119 | $1,227 | $1,509 | $1,924 | -8.3% |
| FY 2027From Oct 1, 2026 | $936 | $1,035 | $1,344 | $1,620 | $2,087 | +9.5% |
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 San Juan, that runs from $945 for a studio up to $1,924 for four bedrooms, all five rates in the table above.
Because San Juan 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, Silverton included.
Among Colorado's 64 counties, San Juan ranks 34th for two-bedroom FMR. That's within a couple percent of the state median of $1,247 and about 21% above the national median county at $1,018. About 690 people live here, 64th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the one ZIP code it covers in San Juan, the two-bedroom rate is $1,230 across the board, so there's no ZIP-level story here.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 81433 | Silverton | $1,230 | +0.2% |
Nearby counties
Two-bedroom FMR, with how each compares to San Juan.
Ouray County
19 mi · 4,936 people
$1,526
+24%
Hinsdale County
23 mi · 911 people
$1,145
-7%
San Miguel County
30 mi · 8,082 people
$1,645
+34%
Mineral County
40 mi · 794 people
$1,343
+9%
La Plata County
44 mi · 55,983 people
$1,589
+30%
Dolores County
50 mi · 2,329 people
$1,115
-9%
Montrose County
50 mi · 42,823 people
$1,168
-5%
Archuleta County
56 mi · 13,509 people
$1,337
+9%
Questions people ask
$1,227 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $945 for a studio, $1,119 for one bedroom, $1,509 for three and $1,924 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 San Juan actually go for?
HUD's number is one input. Search any address in San Juan for a rent estimate built from nearby comps. 3 free searches, no card.
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