Phillips County
FY 2026 HUD Fair Market Rents in Colorado. Population: 4,493.
Fair Market Rents (2026)
Studio
National avg: $893
$798/mo
↑ 2.4% YoY
-11% vs US
1 Bedroom
National avg: $959
$803/mo
↑ 2.4% YoY
-16% vs US
2 Bedroom
National avg: $1,175
$1,054/mo
↑ 2.3% YoY
-10% vs US
3 Bedroom
National avg: $1,525
$1,345/mo
↑ 2.9% YoY
-12% vs US
4 Bedroom
National avg: $1,756
$1,652/mo
↓ 0.4% YoY
-6% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $779 | $798 | +$19 (+2.4%) |
| 1 Bedroom | $784 | $803 | +$19 (+2.4%) |
| 2 Bedroom | $1,030 | $1,054 | +$24 (+2.3%) |
| 3 Bedroom | $1,307 | $1,345 | +$38 (+2.9%) |
| 4 Bedroom | $1,658 | $1,652 | $-6 (-0.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$32,120
$2,677/month gross
Required annual income for 2 BR
$42,160
$3,513/month gross
Other Counties in Colorado
Montrose County
1 BR: $890/mo
Morgan County
1 BR: $884/mo
Adams County
1 BR: $1,754/mo
Moffat County
1 BR: $887/mo
Costilla County
1 BR: $742/mo
Kit Carson County
1 BR: $833/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.