Fair Market Rents by apartment size
| Size | FY2026 FMR | Income needed (30% rule) | Hourly, full time |
|---|---|---|---|
| Studio | $1,509/mo | $60,360/yr | $29.02 |
| 1 bedroom | $1,537/mo | $61,480/yr | $29.56 |
| 2 bedrooms | $1,732/mo | $69,280/yr | $33.31 |
| 3 bedrooms | $2,385/mo | $95,400/yr | $45.87 |
| 4 bedrooms | $2,540/mo | $101,600/yr | $48.85 |
Fair Market Rents are HUD's estimate of the 40th percentile of gross rent (rent plus essential utilities) for standard-quality units in Fort Collins-Loveland, CO MSA. About 40% of comparable rentals cost less and 60% cost more, so treat these as a benchmark rather than a listing price. Income needed assumes rent and utilities take no more than 30% of gross income, the federal cost-burden line; the hourly figure assumes 2,080 working hours a year.
Rent vs wages
To afford the 2-bedroom Fair Market Rent here with 30% of a full-time income, you would need to earn about $33.31 an hour. At the state minimum wage of $15.16, that is about 88 hours of work a week. See how every metro compares.
What this means for renters
If you have a Housing Choice Voucher, your local housing authority sets its payment standards based on these FMRs; ask your agency for its exact figures. If you are budgeting a move, compare these numbers with real listings: newer or better-located units usually rent above the FMR.
Areas with similar rents nearby
Frequently asked questions
What is the fair market rent in Fort Collins-Loveland, CO?
HUD's FY2026 Fair Market Rents for Fort Collins-Loveland, CO MSA are $1,509 for studio, $1,537 for 1 bedroom, $1,732 for 2 bedrooms, $2,385 for 3 bedrooms, $2,540 for 4 bedrooms.
How much do I need to earn to rent a 2-bedroom in Fort Collins-Loveland, CO?
At the Fair Market Rent of $1,732, keeping rent within 30% of gross income (the federal cost-burden line) takes about $69,280 a year, or $5,773 a month.
Source: HUD Fair Market Rents, FY2026 schedule (effective October 1, 2025), area code METRO22660M22660. HUD has since published FY2027 FMRs; check HUD for the newest figures. Our data.