Colorado · HUD FY2026 Fair Market Rents · Updated

Rent in Boulder, CO

HUD puts rent for a two-bedroom in Boulder, CO at $2,124 a month for 2026, and a one-bedroom at $1,795. Keeping the two-bedroom under 30% of income takes $40.85 an hour full time, or $84,960 a year. The typical household there would spend 29.1% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $2,033 (down 4.3%).

Rent in Boulder, CO at a glance

2-bedroom rent (HUD)

$2,124$25,488 a year · HUD fiscal year 2026From October 1, 2026: $2,033 (−4.3%)
Studio$1,553$30/hr needed
1 bedroom$1,795$35/hr needed
Wage a 2-bedroom takes$40.85an hour, 40 hours a week
3 bedrooms$2,820$54/hr needed

How much rent can you afford in Boulder, CO?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$2,124Monthly market rent
Share of gross income29.1%Recommended max: 30%
Annual income needed$84,960To meet the 30% standard
Max affordable rent$2,187At 30% of $87,493
0%30% (Affordability standard)100%
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Rent in Boulder, CO by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Boulder, CO, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,553$18,636$62,120$29.87/hr
1 bedroom$1,795$21,540$71,800$34.52/hr
2 bedroomsMost searched$2,124$25,488$84,960$40.85/hr
3 bedrooms$2,820$33,840$112,800$54.23/hr
4 bedrooms$3,239$38,868$129,560$62.29/hr

Cost of living in Boulder, CO: income, prices and a budget →

Rent in Boulder, CO: common questions

How much is rent going down in Boulder, CO in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $2,033 for a two-bedroom, down 4.3% from $2,124. A one-bedroom goes from $1,795 to $1,735, a studio from $1,553 to $1,520.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Boulder, CO?

HUD's Fair Market Rent for 2026 is $1,795 for a one-bedroom and $2,124 for a two-bedroom, utilities included. That is $25,488 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Boulder, CO?

To keep a $2,124 two-bedroom at 30% of gross pay, one full-time worker needs $40.85 an hour, or $84,960 a year. A one-bedroom at $1,795 takes $34.52 an hour.

How much is a 1, 2 or 3-bedroom apartment in Boulder, CO?

At HUD's 2026 Fair Market Rent: studio $1,553, one bedroom $1,795, two $2,124, three $2,820 and four $3,239 a month.

Is rent affordable in Boulder, CO?

For the typical household, earning $87,493 a year ($7,291 a month, Census ACS), a two-bedroom at $2,124 takes 29.1% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($2,124 × 12) ÷ 0.30 = $84,960. Divided by 2,080 working hours, that is $40.85 an hour.