Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,475$17,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Grand County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Grand County, 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 | $1,107 | $13,284 | $44,280 | $21.29/hr |
| 1-Bedroom Apartment | $1,318 | $15,816 | $52,720 | $25.35/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,475 | $17,700 | $59,000 | $28.37/hr |
| 3-Bedroom Home | $1,769 | $21,228 | $70,760 | $34.02/hr |
| 4-Bedroom Home | $2,474 | $29,688 | $98,960 | $47.58/hr |
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Frequently Asked Questions About Rent in Grand County, CO
What is the Fair Market Rent for a 2-bedroom in Grand County, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Grand County, CO is $1,475 per month ($17,700 per year).
What hourly wage is needed to afford rent in Grand County, CO?
To comfortably afford a 2-bedroom apartment at $1,475/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.37 per hour ($59,000/year).
What are the HUD Fair Market Rents by bedroom count in Grand County, CO?
Official 2026 HUD rents in Grand County, CO are: Studio: $1,107/mo, 1-Bedroom: $1,318/mo, 2-Bedroom: $1,475/mo, 3-Bedroom: $1,769/mo, and 4-Bedroom: $2,474/mo.
How do HUD Fair Market Rents compare to local incomes in Grand County, CO?
At the local Census ACS median household income of $88,612/year ($7,384/month), the benchmark 2-bedroom Fair Market Rent represents 20% of monthly income.
How is the 30% housing affordability standard calculated in Grand County, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,475/month, the required minimum annual gross income is calculated as ($1,475 × 12) ÷ 0.30 = $59,000 per year.