Colorado · FIPS 08105 · HUD FY 2027
Rio Grande County, Colorado Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Rio Grande County is $1,220 a month (rent plus utilities), 36% below the Colorado average of $1,916 and 31% below the U.S. average of $1,761. That is up $126 (11.5%) from FY 2026. At 30% of income, a household needs about $48,800 a year to afford it.
- $1,2202-bedroom FMR+$126 (+11.5%) vs FY 2026
- $9391-bedroom FMRColorado: $1,606 · U.S.: $1,478
- $48,800Income for a 2-bedroom$23/hour full-time
- 48 of 642BR rank in Colorado1 = highest rent
| Unit | Rio Grande County FY 2027 | FY 2026 | Change | Colorado avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $906 | $839 | +$67 (+8.0%) | $1,497 | $1,379 | $36,240 |
| 1 bedroom | $939 | $976 | −$37 (−3.8%) | $1,606 | $1,478 | $37,560 |
| 2 bedrooms | $1,220 | $1,094 | +$126 (+11.5%) | $1,916 | $1,761 | $48,800 |
| 3 bedrooms | $1,454 | $1,312 | +$142 (+10.8%) | $2,538 | $2,266 | $58,160 |
| 4 bedrooms | $1,895 | $1,715 | +$180 (+10.5%) | $2,884 | $2,607 | $75,800 |
How Rio Grande County compares
- Rio Grande 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: $906, $939, $1,220, $1,454, $1,895. 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 3 ZIP codes mostly in Rio Grande County (by land area), the 2-bedroom figure ranges from $1,210 to $1,280.
Small Area FMRs by ZIP code in Rio Grande County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 81132 | $900 | $940 | $1,210 | $1,450 | $1,880 | +$140 (+13.1%) | 1% below |
| 81144 | $940 | $970 | $1,260 | $1,510 | $1,960 | +$170 (+15.6%) | 3% above |
| 81154 | $950 | $990 | $1,280 | $1,550 | $1,990 | +$80 (+6.7%) | 5% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.