Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,732$20,784 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Fort Collins, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Fort Collins, CO
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 | $1,509 | $18,108 | $60,360 | $29.02/hr |
| 1-Bedroom Apartment | $1,537 | $18,444 | $61,480 | $29.56/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,732 | $20,784 | $69,280 | $33.31/hr |
| 3-Bedroom Home | $2,385 | $28,620 | $95,400 | $45.87/hr |
| 4-Bedroom Home | $2,540 | $30,480 | $101,600 | $48.85/hr |
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Frequently Asked Questions About Rent in Fort Collins, CO
What is the Fair Market Rent for a 2-bedroom in Fort Collins, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Fort Collins, CO is $1,732 per month ($20,784 per year).
What hourly wage is needed to afford rent in Fort Collins, CO?
To comfortably afford a 2-bedroom apartment at $1,732/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $33.31 per hour ($69,280/year).
What are the HUD Fair Market Rents by bedroom count in Fort Collins, CO?
Official 2026 HUD rents in Fort Collins, CO are: Studio: $1,509/mo, 1-Bedroom: $1,537/mo, 2-Bedroom: $1,732/mo, 3-Bedroom: $2,385/mo, and 4-Bedroom: $2,540/mo.
How do HUD Fair Market Rents compare to local incomes in Fort Collins, CO?
At the local Census ACS median household income of $85,070/year ($7,089/month), the benchmark 2-bedroom Fair Market Rent represents 24.4% of monthly income.
How is the 30% housing affordability standard calculated in Fort Collins, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,732/month, the required minimum annual gross income is calculated as ($1,732 × 12) ÷ 0.30 = $69,280 per year.