Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,493$17,916 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Teller County, CO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Teller 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 | $1,029 | $12,348 | $41,160 | $19.79/hr |
| 1-Bedroom Apartment | $1,362 | $16,344 | $54,480 | $26.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,493 | $17,916 | $59,720 | $28.71/hr |
| 3-Bedroom Home | $2,076 | $24,912 | $83,040 | $39.92/hr |
| 4-Bedroom Home | $2,505 | $30,060 | $100,200 | $48.17/hr |
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Frequently Asked Questions About Rent in Teller County, CO
What is the Fair Market Rent for a 2-bedroom in Teller County, CO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Teller County, CO is $1,493 per month ($17,916 per year).
What hourly wage is needed to afford rent in Teller County, CO?
To comfortably afford a 2-bedroom apartment at $1,493/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.71 per hour ($59,720/year).
What are the HUD Fair Market Rents by bedroom count in Teller County, CO?
Official 2026 HUD rents in Teller County, CO are: Studio: $1,029/mo, 1-Bedroom: $1,362/mo, 2-Bedroom: $1,493/mo, 3-Bedroom: $2,076/mo, and 4-Bedroom: $2,505/mo.
How do HUD Fair Market Rents compare to local incomes in Teller County, CO?
At the local Census ACS median household income of $85,361/year ($7,113/month), the benchmark 2-bedroom Fair Market Rent represents 21% of monthly income.
How is the 30% housing affordability standard calculated in Teller County, CO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,493/month, the required minimum annual gross income is calculated as ($1,493 × 12) ÷ 0.30 = $59,720 per year.