County FMR · HUD FY2026

Mineral County Fair Market Rent

HUD's FY2026 Fair Market Rent for Mineral County, CO - 7% above the US average.

$1,024
1-bedroom FMR
$1,343
2-bedroom FMR
+3.2%
YoY change
+7%
vs US avg

The verdict

Mineral is the 26th most expensive of 64 counties in Colorado by 2-bedroom FMR; nationally it ranks #692 most expensive of 3,145 HUD counties.

#692
most expensive of 3,145 US counties (2BR)
#26
most expensive of 64 in Colorado (2BR)
-12%
vs the state average
$40,960
income to afford it (30% rule)

Software Developers spend the smallest share of income on rent here (9.1%), while Teaching Assistants, Except Postsecondary spend the most (39.1%).

FY 2026 HUD Fair Market Rent for Mineral County, CO. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Mineral County, Colorado is $1,024 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,343/mo and a studio is $1,017/mo. This is 7% higher than the national average of $959 and 12% below the Colorado average of $1,161.

Rent increased3.2% from FY 2025 ($992), outpacing inflation. Under the 30% rule, affordability starts near $40,960/year for a 1-bedroom.

Observed renter burden: 52.6% of the 114 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.

FY 2026 HUD Fair Market Rents in Colorado. Population: 794.

FMR filing desk

Area MINERAL·COUNTY·CO·CO

Mineral County, CO: $1,024/mo 1BR · #692 of 3145 counties (2BR) · FY2026

  • FMR-AREA CO
  • 1BR-FMR $1,024
  • 2BR-FMR $1,343
  • RANK-MID #692
  • YOY-UP +3.2%
  • VSUS-NEAR +7%
  • VS-ST-LOW -12% CO
  • INC-MID 23%
  • POP-SMALL 794
  • PHOTO-NEAR El Paso County
  • VOUCH-90-110 $922–$1,126
  • FY-2026 FY2026

Photo-finish peer: El Paso ($440 1BR gap)

Read with: How Fair Market Rent works

Fair Market Rents (2026)

Studio
State avg: $1,083 · US avg: $893
$1,017/mo
↑ 3.1% YoY -6% vs state +14% vs US
1 Bedroom
State avg: $1,161 · US avg: $959
$1,024/mo
↑ 3.2% YoY -12% vs state +7% vs US
2 Bedroom
State avg: $1,429 · US avg: $1,175
$1,343/mo
↑ 3.1% YoY -6% vs state +14% vs US
3 Bedroom
State avg: $1,861 · US avg: $1,525
$1,714/mo
↑ 3.0% YoY -8% vs state +12% vs US
4 Bedroom
State avg: $2,178 · US avg: $1,756
$2,106/mo
↑ 1.2% YoY -3% vs state +20% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $986
$1,017
+$31 (+3.1%)
1 Bedroom $992
$1,024
+$32 (+3.2%)
2 Bedroom $1,302
$1,343
+$41 (+3.1%)
3 Bedroom $1,664
$1,714
+$50 (+3.0%)
4 Bedroom $2,082
$2,106
+$24 (+1.2%)

Rent Burden Analysis

How much of household income goes to rent in Mineral County. The 30% threshold indicates cost burden.

Studio
23.3%
Affordable
Need $40,680/yr for 30% rule
1 Bedroom
23.4%
Affordable
Need $40,960/yr for 30% rule
2 Bedroom
30.7%
Burdened
Need $53,720/yr for 30% rule
3 Bedroom
39.2%
Burdened
Need $68,560/yr for 30% rule
4 Bedroom
48.2%
Burdened
Need $84,240/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

0%100%National avg22%30.7%
Mineral County 2-bedroom rent burden
County median income: $52,455 · National avg burden: 21.7% ·View Colorado rent burden →

Where Mineral sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,343 Top 22% higher than 78% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). This entry sits in this band. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Mineral compares on 1-bedroom rent

1-bedroom FMR vs other Colorado counties

1BR FMR / mo

What this shows Mineral is highlighted. Nearby Colorado counties by 1-bedroom FMR, highest to lowest: Denver County ($1,754), Arapahoe County ($1,754), Jefferson County ($1,754), Adams County ($1,754), Douglas County ($1,754), El Paso County ($1,464), Mineral County (this county) ($1,024).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $1,024/mo compares to Colorado salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation CO Salary Rent Burden Verdict
Software Developers $134,540 9.1% Affordable
General & Operations Managers $130,340 9.4% Affordable
Registered Nurses $96,520 12.7% Affordable
Police & Sheriff's Patrol Officers $96,100 12.8% Affordable
Accountants & Auditors $90,030 13.6% Affordable
Paralegals & Legal Assistants $73,380 16.7% Affordable
Electricians $62,090 19.8% Affordable
Elementary School Teachers $61,550 20% Affordable
Heavy & Tractor-Trailer Truck Drivers $60,260 20.4% Affordable
Pharmacy Technicians $48,070 25.6% Affordable
Customer Service Representatives $46,020 26.7% Affordable
Janitors & Cleaners $37,270 33% Stretched
Retail Salespersons $36,960 33.2% Stretched
Fast Food & Counter Workers $35,440 34.7% Stretched
Teaching Assistants $31,390 39.1% Stretched
Salaries: BLS OES (Colorado) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Mineral County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Mineral (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 48.6% overall, from $689 to $1,024. Most of that movement was gradual except for a single sharp jump of +16.3% in FY 2021, well above this county's typical year-to-year change.

$600$700$800$900$1,000$1,100 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,024
Mineral County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑3.2% $1,017 $1,024 $1,343
FY 2025 ↓4.4% $986 $992 $1,302
FY 2024 ↑12.3% $1,031 $1,038 $1,364
FY 2023 ↑1.9% $918 $924 $1,179
FY 2022 ↑13.2% $902 $907 $1,134
FY 2021 ↑16.3% $796 $801 $979
FY 2020 $685 $689 $855
Total change (6yr): +48.6%
Annualized: +6.8%/yr
1 BR: $689 → $1,024

Where Mineral County Ranks in Colorado

Mineral County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #39 of 64 counties in Colorado. Nearest by rank: San Juan County ($1,227), Fremont County ($1,244), Mesa County ($1,249), Pueblo County ($1,269), Crowley County ($1,289), Gunnison County ($1,334), Archuleta County ($1,337), Lake County ($1,343), Mineral County (this county) ($1,343), Chaffee County ($1,466), Grand County ($1,475), Teller County ($1,493), Ouray County ($1,526), Weld County ($1,563), La Plata County ($1,589), Garfield County ($1,605), San Miguel County ($1,645).

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Mineral County, both outside Colorado so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Nearby Counties in Colorado

Largest counties by population in Colorado

Showing the 8 largest of 63 other counties in Colorado.

Frequently Asked Questions

What is the average rent in Mineral County?
The FY 2026 Fair Market Rent for a 1-bedroom in Mineral County is $1,024 per month. A 2-bedroom is $1,343 and a studio is $1,017.
How does Mineral County rent compare to the national average?
Rent in Mineral County is 7% above the national average. A 1-bedroom here costs $1,024 compared to $959 nationally.
Where does Mineral County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Mineral County's 2-bedroom FMR of $1,343 ranks #692 most expensive among 3,145 HUD counties, placing it in the upper-rent quarter of HUD counties.
What income do I need to afford rent in Mineral County?
Based on the 30% affordability rule, you need an annual income of at least $40,960 ($3,413/month) to afford a 1-bedroom at Fair Market Rent in Mineral County.
Is rent going up or down in Mineral County?
The 1-bedroom Fair Market Rent in Mineral County increased by 3.2% from FY 2025 to FY 2026, going from $992 to $1,024.
Which jobs can afford rent in Mineral County?
Based on Colorado BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,024/mo. 11 of 15 common occupations are affordable here.
How much has rent changed in Mineral County over time?
The 1-bedroom Fair Market Rent in Mineral County went from $689 in FY 2020 to $1,024 in FY 2026, a total change of +48.6% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Mineral County?
In Mineral County, the FY 2026 FMR of $1,024/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Mineral County?
For Mineral County, it's the specific 40th-percentile rent HUD publishes each year ($1,024/mo for a 1-bedroom in FY 2026).

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.