Tags: 2024 40th percentile Colorado
On this Page:
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 three largest cities in Otero County are Rocky Ford, Swink, and Cheraw. 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 Otero County use?
No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Otero County uses 40th percentile Fair Market Rents.
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 Otero County compare?
Otero County ($1,017) has a 30.3% lower FMR for 2-Bedroom housing than the average of Colorado ($1,460) and therefore has a lower gross rent.
Otero County is rank 58th out of 64 counties. This means the FMRs, or in other words, the gross rent is lower than 57 other counties. Otero County is the 7th cheapest county in terms of FMRs.
Rent Tables Otero County, CO
Fair Market Rent (40th Percentile)
studio
1-Bedroom
2-Bedroom
3-Bedroom
4-Bedroom
Median Rent (50th Percentile)
studio
1-Bedroom
2-Bedroom
3-Bedroom
4-Bedroom
Related Areas
Fair Market Rents on this page apply to the following cities in Otero County, Colorado: Rocky Ford, Swink, and Cheraw.
These Fair Market Rents also apply to the following ZIP codes in Otero County, Colorado: 81067, 81077, and 81030.
More on Otero County, CO
- Loan Limits to view maximum loan amounts in Otero County, CO
- Property Taxes to find local Property Taxes
- Income Limits to learn more about income assistance in your area
- Housing Authorites to find your local Housing Authorities
Citation
Link to this Page:
Questions or Comments? Contact us
Data Source
Fair Market Rents are published by the Department of Housing And Urban Development.