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Colorado · FIPS 08097 · HUD FY 2027

Pitkin County, Colorado Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Pitkin County is $2,597 a month (rent plus utilities), 36% above the Colorado average of $1,916 and 47% above the U.S. average of $1,761. That is up $383 (17.3%) from FY 2026. At 30% of income, a household needs about $103,880 a year to afford it.

  • $2,5972-bedroom FMR+$383 (+17.3%) vs FY 2026
  • $2,1691-bedroom FMRColorado: $1,606 · U.S.: $1,478
  • $103,880Income for a 2-bedroom$50/hour full-time
  • 3 of 642BR rank in Colorado1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$2,597/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Pitkin County FMR$2,597$103,880–
Colorado average$1,916$76,623–
U.S. average$1,761$70,432–
Pitkin County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitPitkin County FY 2027FY 2026ChangeColorado avgU.S. avgIncome needed
Studio$1,808$1,526+$282 (+18.5%)$1,497$1,379$72,320
1 bedroom$2,169$2,020+$149 (+7.4%)$1,606$1,478$86,760
2 bedrooms$2,597$2,214+$383 (+17.3%)$1,916$1,761$103,880
3 bedrooms$3,346$2,826+$520 (+18.4%)$2,538$2,266$133,840
4 bedrooms$4,033$3,471+$562 (+16.2%)$2,884$2,607$161,320

How Pitkin County compares

  • Pitkin County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
  • Across Colorado, 2-bedroom FMRs run from $1,014 (Sedgwick County) to $2,766 (Summit County).
  • Studio to 4-bedroom: $1,808, $2,169, $2,597, $3,346, $4,033. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 7 ZIP codes mostly in Pitkin County (by land area), the 2-bedroom figure ranges from $2,410 to $2,700.

Small Area FMRs by ZIP code in Pitkin County

FY 2027 Small Area Fair Market Rents, ZIP codes in Pitkin County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
81611$1,790$2,150$2,570$3,310$3,990+$340 (+15.2%)1% below
81612$1,810$2,170$2,600$3,350$4,040+$510 (+24.4%)about the same as
81615$1,820$2,190$2,620$3,380$4,070+$380 (+17.0%)1% above
81623$1,790$2,000$2,550$3,410$3,730+$260 (+11.4%)2% below
81642$1,700$1,920$2,410$3,020$3,850+$250 (+11.6%)7% below
81654$1,870$2,170$2,690$3,430$4,190+$330 (+14.0%)4% above
81656$1,880$2,210$2,700$3,410$4,290+$330 (+13.9%)4% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Colorado counties · How HUD sets these rents