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Colorado Fair Market Rents

2023 Fair Market Rents

2023 FMRs in Colorado by county. Click on the map below to view FMRs for a particular county.

Colorado Map

Minimum FMR
Maximum FMR

FMRs vary across Colorado based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Colorado is $1,276.

The highest average FMR for a two-bedroom apartment in the United States is $1,951 in Hawaii. The lowest for a two-bedroom apartment is $519 in Puerto Rico.

FMRs in Colorado are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does Colorado compare?

The highest FMR for a two-bedroom apartment in Colorado is $1,860 in Summit County. The lowest FMR for a two-bedroom apartment is $826 in Conejos County.

Colorado ($1,276) has a 16.5% higher FMR for 2-Bedroom housing than the average of the US ($1,095) and therefore has a higher gross rent.

Colorado is rank 14th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is higher than 42 other States and territories. Colorado is the 14th most expensive State or territory in terms of FMRs.

Average FMRs for Colorado

14th
Rank
$953
Studio
$1,020
1-person
$1,276
2-person
$1,673
3-person
$1,989
4-person
Counties in Colorado (64)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Summit County 1st $1,350 $1,573 $1,860 $2,643 $3,168
Boulder County 2nd $1,397 $1,578 $1,911 $2,541 $3,005
Pitkin County 3rd $1,366 $1,590 $1,910 $2,325 $3,179
Eagle County 4th $1,357 $1,542 $2,030 $2,490 $2,727
Adams County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Jefferson County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Park County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Gilpin County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Elbert County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Douglas County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Denver County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Clear Creek County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Broomfield County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Arapahoe County 5th $1,390 $1,538 $1,856 $2,449 $2,750
Routt County 15th $1,279 $1,288 $1,695 $2,063 $2,887
San Miguel County 16th $1,144 $1,300 $1,711 $2,082 $2,763
Larimer County 17th $1,210 $1,232 $1,539 $2,187 $2,469
Ouray County 18th $1,206 $1,214 $1,598 $2,122 $2,242
El Paso County 19th $1,020 $1,183 $1,484 $2,109 $2,528
La Plata County 20th $1,094 $1,307 $1,476 $1,916 $2,514
Garfield County 21st $1,094 $1,101 $1,357 $1,861 $2,275
Teller County 22nd $899 $1,122 $1,344 $1,910 $2,289
Weld County 23rd $951 $1,063 $1,380 $1,961 $2,156
San Juan County 24th $1,099 $1,106 $1,411 $1,717 $1,895
Gunnison County 25th $961 $967 $1,273 $1,721 $2,168
Grand County 26th $965 $1,109 $1,253 $1,542 $2,134
Archuleta County 27th $928 $966 $1,232 $1,639 $1,990
Chaffee County 28th $861 $1,041 $1,176 $1,545 $2,003
Mineral County 29th $918 $924 $1,179 $1,542 $1,904
Crowley County 30th $864 $870 $1,110 $1,504 $1,793
Montezuma County 31st $847 $852 $1,122 $1,366 $1,911
Montrose County 32nd $801 $807 $1,062 $1,509 $1,809
Pueblo County 33rd $815 $854 $1,124 $1,471 $1,674
Mesa County 34th $713 $812 $1,066 $1,515 $1,816
Morgan County 35th $736 $819 $1,078 $1,443 $1,726
Fremont County 36th $792 $798 $1,050 $1,492 $1,646
Kit Carson County 37th $811 $816 $1,061 $1,291 $1,785
Yuma County 38th $835 $841 $1,107 $1,347 $1,487
Delta County 39th $804 $809 $1,065 $1,388 $1,531
Lake County 40th $796 $859 $970 $1,379 $1,567
Lincoln County 41st $775 $780 $995 $1,245 $1,695
Hinsdale County 42nd $800 $862 $974 $1,274 $1,573
Moffat County 43rd $812 $817 $1,076 $1,310 $1,445
Custer County 44th $745 $750 $987 $1,291 $1,681
Logan County 45th $710 $766 $1,008 $1,433 $1,505
Alamosa County 46th $743 $748 $985 $1,238 $1,678
Huerfano County 47th $751 $756 $995 $1,211 $1,607
Las Animas County 48th $685 $778 $1,024 $1,307 $1,460
Washington County 49th $801 $863 $975 $1,242 $1,310
Phillips County 50th $780 $785 $1,002 $1,219 $1,346
Rio Blanco County 51st $751 $756 $995 $1,261 $1,341
Dolores County 52nd $722 $727 $927 $1,212 $1,497
Costilla County 53rd $720 $724 $924 $1,209 $1,492
Kiowa County 54th $727 $731 $933 $1,136 $1,507
Otero County 55th $678 $683 $899 $1,210 $1,513
Rio Grande County 56th $691 $695 $899 $1,204 $1,452
Prowers County 57th $686 $691 $909 $1,106 $1,499
Bent County 58th $673 $678 $892 $1,086 $1,441
Saguache County 59th $693 $697 $918 $1,117 $1,233
Jackson County 60th $646 $649 $826 $1,174 $1,334
Baca County 61st $643 $647 $826 $1,174 $1,334
Cheyenne County 62nd $623 $628 $826 $1,164 $1,334
Sedgwick County 63rd $678 $731 $826 $1,005 $1,334
Conejos County 64th $631 $635 $826 $1,104 $1,128

More on Colorado

Want to learn more about Colorado? See Loan Limits in Colorado to view maximum loan amounts or click here to find a Public Housing Authority in Colorado who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.


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