Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,334$16,008 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gunnison County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gunnison 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 | $1,015 | $12,180 | $40,600 | $19.52/hr |
| 1-Bedroom Apartment | $1,149 | $13,788 | $45,960 | $22.10/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,334 | $16,008 | $53,360 | $25.65/hr |
| 3-Bedroom Home | $1,855 | $22,260 | $74,200 | $35.67/hr |
| 4-Bedroom Home | $2,238 | $26,856 | $89,520 | $43.04/hr |
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Frequently Asked Questions About Rent in Gunnison County, CO
What is the Fair Market Rent for a 2-bedroom in Gunnison County, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gunnison County, CO is $1,334 per month ($16,008 per year).
What hourly wage is needed to afford rent in Gunnison County, CO?
To comfortably afford a 2-bedroom apartment at $1,334/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.65 per hour ($53,360/year).
What are the HUD Fair Market Rents by bedroom count in Gunnison County, CO?
Official 2026 HUD rents in Gunnison County, CO are: Studio: $1,015/mo, 1-Bedroom: $1,149/mo, 2-Bedroom: $1,334/mo, 3-Bedroom: $1,855/mo, and 4-Bedroom: $2,238/mo.
How do HUD Fair Market Rents compare to local incomes in Gunnison County, CO?
At the local Census ACS median household income of $84,527/year ($7,044/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Gunnison County, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,334/month, the required minimum annual gross income is calculated as ($1,334 × 12) ÷ 0.30 = $53,360 per year.