Rent prices in Colorado (FY2027)
The average FY2027 Fair Market Rent for a 2-bedroom in Colorado is $1,916 a month including utilities — 9% above the U.S. average, ranging from $1,014 to $2,766 by area. Find your metro below and check what you can afford.
Colorado average Fair Market Rent, FY2027 (rent + utilities)
$1,916/mo 2 bedrooms · ▲ 2.7% vs FY2026
Studio
U.S. $1,379 · 9% above U.S.
$1,497
1 bedroom
U.S. $1,478 · 9% above U.S.
$1,606
2 bedrooms
U.S. $1,761 · 9% above U.S.
$1,916
3 bedrooms
U.S. $2,266 · 12% above U.S.
$2,538
4 bedrooms
U.S. $2,607 · 11% above U.S.
$2,884
Ranks #12 of 51 (50 states + DC) for 2-bedroom rent. See all states
Metro areas in Colorado
Denver-Aurora-Centennial, CO
3.0M people · 1BR $1,831 · 3BR $2,846
Colorado Springs, CO
743K people · 1BR $1,380 · 3BR $2,245
Fort Collins-Loveland, CO
367K people · 1BR $1,589 · 3BR $2,379
Greeley, CO
350K people · 1BR $1,307 · 3BR $2,281
Boulder, CO
329K people · 1BR $1,735 · 3BR $2,703
Pueblo, CO
169K people · 1BR $978 · 3BR $1,611
Grand Junction, CO
159K people · 1BR $1,017 · 3BR $1,775
Teller County, CO
25K people · 1BR $1,354 · 3BR $2,041
2-bedroom FMR; arrow = change vs FY2026. Sorted by population in Colorado. Tap a metro for studio to 4 bedrooms and the income you need.
Rural counties (non-metro)
Show all 47 non-metro counties (A–Z)
Alamosa County, CO
Studio $853 · 1BR $949 · 3BR $1,570 · 4BR $1,920
Archuleta County, CO
Studio $1,253 · 1BR $1,260 · 3BR $2,135 · 4BR $2,577
Baca County, CO
Studio $753 · 1BR $775 · 3BR $1,404 · 4BR $1,575
Bent County, CO
Studio $854 · 1BR $879 · 3BR $1,592 · 4BR $1,786
Chaffee County, CO
Studio $1,304 · 1BR $1,342 · 3BR $2,362 · 4BR $2,725
Cheyenne County, CO
Studio $867 · 1BR $898 · 3BR $1,545 · 4BR $1,812
Conejos County, CO
Studio $753 · 1BR $922 · 3BR $1,390 · 4BR $1,395
Costilla County, CO
Studio $753 · 1BR $781 · 3BR $1,404 · 4BR $1,575
Crowley County, CO
Studio $1,044 · 1BR $1,074 · 3BR $1,674 · 4BR $2,182
Custer County, CO
Studio $893 · 1BR $970 · 3BR $1,432 · 4BR $1,867
Delta County, CO
Studio $940 · 1BR $972 · 3BR $1,753 · 4BR $2,105
Dolores County, CO
Studio $989 · 1BR $1,224 · 3BR $1,716 · 4BR $2,068
Eagle County, CO
Studio $1,815 · 1BR $1,993 · 3BR $3,106 · 4BR $4,357
Fremont County, CO
Studio $1,067 · 1BR $1,098 · 3BR $1,794 · 4BR $2,230
Garfield County, CO
Studio $1,240 · 1BR $1,387 · 3BR $2,466 · 4BR $2,477
Grand County, CO
Studio $1,370 · 1BR $1,464 · 3BR $2,197 · 4BR $2,617
Gunnison County, CO
Studio $1,222 · 1BR $1,276 · 3BR $1,990 · 4BR $2,231
Hinsdale County, CO
Studio $978 · 1BR $1,013 · 3BR $1,696 · 4BR $2,044
Huerfano County, CO
Studio $829 · 1BR $859 · 3BR $1,438 · 4BR $1,733
Jackson County, CO
Studio $1,103 · 1BR $1,143 · 3BR $1,913 · 4BR $2,306
Kiowa County, CO
Studio $980 · 1BR $1,015 · 3BR $1,700 · 4BR $2,048
Kit Carson County, CO
Studio $922 · 1BR $1,058 · 3BR $1,479 · 4BR $1,927
La Plata County, CO
Studio $1,338 · 1BR $1,392 · 3BR $2,209 · 4BR $2,393
Lake County, CO
Studio $1,103 · 1BR $1,143 · 3BR $1,913 · 4BR $2,306
Las Animas County, CO
Studio $959 · 1BR $1,000 · 3BR $1,620 · 4BR $1,719
Lincoln County, CO
Studio $795 · 1BR $818 · 3BR $1,482 · 4BR $1,662
Logan County, CO
Studio $928 · 1BR $955 · 3BR $1,650 · 4BR $1,707
Mineral County, CO
Studio $1,103 · 1BR $1,143 · 3BR $1,913 · 4BR $2,306
Moffat County, CO
Studio $910 · 1BR $936 · 3BR $1,586 · 4BR $1,992
Montezuma County, CO
Studio $953 · 1BR $1,025 · 3BR $1,772 · 4BR $1,988
Montrose County, CO
Studio $995 · 1BR $1,054 · 3BR $1,829 · 4BR $2,208
Morgan County, CO
Studio $937 · 1BR $964 · 3BR $1,746 · 4BR $1,959
Otero County, CO
Studio $787 · 1BR $810 · 3BR $1,359 · 4BR $1,770
Ouray County, CO
Studio $1,218 · 1BR $1,507 · 3BR $2,271 · 4BR $2,547
Phillips County, CO
Studio $845 · 1BR $875 · 3BR $1,465 · 4BR $1,766
Pitkin County, CO
Studio $1,808 · 1BR $2,169 · 3BR $3,346 · 4BR $4,033
Prowers County, CO
Studio $780 · 1BR $907 · 3BR $1,419 · 4BR $1,631
Rio Blanco County, CO
Studio $865 · 1BR $891 · 3BR $1,488 · 4BR $1,809
Rio Grande County, CO
Studio $906 · 1BR $939 · 3BR $1,454 · 4BR $1,895
Routt County, CO
Studio $2,020 · 1BR $2,119 · 3BR $2,841 · 4BR $3,702
Saguache County, CO
Studio $787 · 1BR $957 · 3BR $1,466 · 4BR $1,645
San Juan County, CO
Studio $936 · 1BR $1,035 · 3BR $1,620 · 4BR $2,087
San Miguel County, CO
Studio $1,136 · 1BR $1,377 · 3BR $2,258 · 4BR $2,533
Sedgwick County, CO
Studio $753 · 1BR $775 · 3BR $1,208 · 4BR $1,575
Summit County, CO
Studio $1,926 · 1BR $2,114 · 3BR $3,296 · 4BR $3,749
Washington County, CO
Studio $963 · 1BR $991 · 3BR $1,545 · 4BR $1,705
Yuma County, CO
Studio $841 · 1BR $865 · 3BR $1,530 · 4BR $1,758
Big number = 2-bedroom FMR. HUD sets a floor: no 2-bedroom FMR may be below the lower of the state’s or the national non-metro median ($1,014 for FY2027).
Rent affordability check
Income needed at the Colorado average
Studio
$1,497/mo rent + utilities
$59,880/yr
$28.79/hr full-time
1 bedroom
$1,606/mo rent + utilities
$64,240/yr
$30.88/hr full-time
2 bedrooms
$1,916/mo rent + utilities
$76,640/yr
$36.85/hr full-time
3 bedrooms
$2,538/mo rent + utilities
$101,520/yr
$48.81/hr full-time
4 bedrooms
$2,884/mo rent + utilities
$115,360/yr
$55.46/hr full-time
Gross yearly income so that rent plus utilities is 30% of income; hourly = yearly ÷ 2,080 hours.
What a Fair Market Rent is (and is not)
A Fair Market Rent (FMR) is set every year by the U.S. Department of Housing and Urban Development (HUD). It is HUD’s estimate of the 40th-percentile gross rent — rent plus utilities (except phone, cable and internet) — paid by recent movers into standard-quality, non-luxury rental homes in an area. In other words, about 40% of recently rented units in the area cost less than the FMR and about 60% cost more.
FMRs are not asking rents and not the price of any specific listing. They are built from Census Bureau American Community Survey rents and updated with inflation and trend factors, so they lag the newest listings and smooth out neighborhood differences. HUD uses them to set Housing Choice Voucher (Section 8) payment standards and other program rents. Treat them as a solid, official benchmark for a typical modest rental — new listings in popular neighborhoods often cost more.
Questions & answers
What is the average rent in Colorado?
Using HUD’s FY2027 Fair Market Rents, the population-weighted average for a 2-bedroom in Colorado is $1,916 a month including utilities — 9% above the U.S. average of $1,761. A 1-bedroom averages $1,606 and a studio $1,497.
Where is rent cheapest in Colorado?
The lowest FY2027 2-bedroom FMR in Colorado is $1,014 in Baca County, CO; the highest is $2,766 in Summit County, CO.
How much do I need to earn to rent in Colorado?
At the 30% rule, a 2-bedroom at the state-average FMR of $1,916 needs $76,640 a year in gross income (about $36.85 an hour full-time). A 1-bedroom at $1,606 needs $64,240.
Did rent go up in Colorado this year?
The population-weighted 2-bedroom FMR in Colorado changed +2.7% from FY2026 to FY2027, compared with +1.5% for the U.S.
Is the Fair Market Rent what landlords charge?
Not exactly. It is HUD’s 40th-percentile estimate of rent plus utilities paid by recent movers into standard-quality units — a benchmark for a modest rental. Many listings, especially new or central ones, ask more.
Source: HUD User, FY2027 Fair Market Rents (effective October 1, 2026; Federal Register notice), compared with FY2026 revised FMRs. HUD data is in the public domain. State and U.S. averages are Tachlis calculations weighted by each county’s population as listed in HUD’s file. HUD may revise FMRs for areas that request a reevaluation.
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