Rental Benchmark Overview
2-Bedroom Benchmark Rent
$975$11,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Saguache County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Saguache 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 | $748 | $8,976 | $29,920 | $14.38/hr |
| 1-Bedroom Apartment | $797 | $9,564 | $31,880 | $15.33/hr |
| 2-Bedroom ApartmentStandard Benchmark | $975 | $11,700 | $39,000 | $18.75/hr |
| 3-Bedroom Home | $1,295 | $15,540 | $51,800 | $24.90/hr |
| 4-Bedroom Home | $1,529 | $18,348 | $61,160 | $29.40/hr |
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Frequently Asked Questions About Rent in Saguache County, CO
What is the Fair Market Rent for a 2-bedroom in Saguache County, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Saguache County, CO is $975 per month ($11,700 per year).
What hourly wage is needed to afford rent in Saguache County, CO?
To comfortably afford a 2-bedroom apartment at $975/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.75 per hour ($39,000/year).
What are the HUD Fair Market Rents by bedroom count in Saguache County, CO?
Official 2026 HUD rents in Saguache County, CO are: Studio: $748/mo, 1-Bedroom: $797/mo, 2-Bedroom: $975/mo, 3-Bedroom: $1,295/mo, and 4-Bedroom: $1,529/mo.
How do HUD Fair Market Rents compare to local incomes in Saguache County, CO?
At the local Census ACS median household income of $50,082/year ($4,174/month), the benchmark 2-bedroom Fair Market Rent represents 23.4% of monthly income.
How is the 30% housing affordability standard calculated in Saguache County, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $975/month, the required minimum annual gross income is calculated as ($975 × 12) ÷ 0.30 = $39,000 per year.