Garfield County, CO

2024 Fair Market Rents

Tags: 2024 Colorado

Return to the state page to see where Colorado ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Garfield County are Glenwood Springs, Rifle, New Castle, and Parachute. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Garfield County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Garfield County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Garfield County compare?

Garfield County ($1,537) has a 5.3% higher FMR for 2-Bedroom housing than the average of Colorado ($1,460) and therefore a higher gross rent.

Garfield County is rank 21st out of 64 counties. This means the FMRs, or in other words, the gross rent is higher than 43 other counties. Garfield County is the 21st most expensive county in terms of FMRs.

Rent Tables Garfield County, CO

Fair Market Rent (40th Percentile)

$1,162
studio
$1,170
1-Bedroom
$1,537
2-Bedroom
$2,166
3-Bedroom
$2,438
4-Bedroom

Median Rent (50th Percentile)

$1,272
studio
$1,280
1-Bedroom
$1,682
2-Bedroom
$2,370
3-Bedroom
$2,668
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
81630 $800 $910 $1,180 $1,660 $2,000
81635 $650 $740 $970 $1,370 $1,640
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
81630 $720 $819 $1,062 $1,494 $1,800
81635 $585 $666 $873 $1,233 $1,476
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
81630 $880 $1,001 $1,298 $1,826 $2,200
81635 $715 $814 $1,067 $1,507 $1,804

Fair Market Rents on this page apply to the following cities in Garfield County, Colorado: Glenwood Springs, Rifle, New Castle, Parachute, Silt, Meeker, and De Beque.

These Fair Market Rents also apply to the following ZIP codes in Garfield County, Colorado: 81601, 81650, 81647, 81635, 81652, 81641, 81602, and 81630.

More on Garfield County, CO

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.