Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,526$18,312 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Ouray County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Ouray 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 | $1,170 | $14,040 | $46,800 | $22.50/hr |
| 1-Bedroom Apartment | $1,245 | $14,940 | $49,800 | $23.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,526 | $18,312 | $61,040 | $29.35/hr |
| 3-Bedroom Home | $2,122 | $25,464 | $84,880 | $40.81/hr |
| 4-Bedroom Home | $2,392 | $28,704 | $95,680 | $46.00/hr |
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Frequently Asked Questions About Rent in Ouray County, CO
What is the Fair Market Rent for a 2-bedroom in Ouray County, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Ouray County, CO is $1,526 per month ($18,312 per year).
What hourly wage is needed to afford rent in Ouray County, CO?
To comfortably afford a 2-bedroom apartment at $1,526/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $29.35 per hour ($61,040/year).
What are the HUD Fair Market Rents by bedroom count in Ouray County, CO?
Official 2026 HUD rents in Ouray County, CO are: Studio: $1,170/mo, 1-Bedroom: $1,245/mo, 2-Bedroom: $1,526/mo, 3-Bedroom: $2,122/mo, and 4-Bedroom: $2,392/mo.
How do HUD Fair Market Rents compare to local incomes in Ouray County, CO?
At the local Census ACS median household income of $91,020/year ($7,585/month), the benchmark 2-bedroom Fair Market Rent represents 20.1% of monthly income.
How is the 30% housing affordability standard calculated in Ouray County, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,526/month, the required minimum annual gross income is calculated as ($1,526 × 12) ÷ 0.30 = $61,040 per year.