Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,147$13,764 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Colorado County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Colorado County, TX
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $892 | $10,704 | $35,680 | $17.15/hr |
| 1-Bedroom Apartment | $917 | $11,004 | $36,680 | $17.63/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,147 | $13,764 | $45,880 | $22.06/hr |
| 3-Bedroom Home | $1,375 | $16,500 | $55,000 | $26.44/hr |
| 4-Bedroom Home | $1,688 | $20,256 | $67,520 | $32.46/hr |
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Frequently Asked Questions About Rent in Colorado County, TX
What is the Fair Market Rent for a 2-bedroom in Colorado County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Colorado County, TX is $1,147 per month ($13,764 per year).
What hourly wage is needed to afford rent in Colorado County, TX?
To comfortably afford a 2-bedroom apartment at $1,147/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.06 per hour ($45,880/year).
What are the HUD Fair Market Rents by bedroom count in Colorado County, TX?
Official 2026 HUD rents in Colorado County, TX are: Studio: $892/mo, 1-Bedroom: $917/mo, 2-Bedroom: $1,147/mo, 3-Bedroom: $1,375/mo, and 4-Bedroom: $1,688/mo.
How do HUD Fair Market Rents compare to local incomes in Colorado County, TX?
At the local Census ACS median household income of $66,377/year ($5,531/month), the benchmark 2-bedroom Fair Market Rent represents 20.7% of monthly income.
How is the 30% housing affordability standard calculated in Colorado County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,147/month, the required minimum annual gross income is calculated as ($1,147 × 12) ÷ 0.30 = $45,880 per year.