Rent in Chaffee County, CO at a glance
2-bedroom rent (HUD)
$1,466$17,592 a year · HUD fiscal year 2026From October 1, 2026: $1,755 (+19.7%)How much rent can you afford in Chaffee County, CO?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Chaffee County, 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.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,110 | $13,320 | $44,400 | $21.35/hr |
| 1 bedroom | $1,117 | $13,404 | $44,680 | $21.48/hr |
| 2 bedroomsMost searched | $1,466 | $17,592 | $58,640 | $28.19/hr |
| 3 bedrooms | $2,039 | $24,468 | $81,560 | $39.21/hr |
| 4 bedrooms | $2,298 | $27,576 | $91,920 | $44.19/hr |
Cost of living in Chaffee County, CO: income, prices and a budget →
Living and working in Chaffee County, CO
Rent in Chaffee County, CO: common questions
How much is rent going up in Chaffee County, CO in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,755 for a two-bedroom, up 19.7% from $1,466. A one-bedroom goes from $1,117 to $1,342, a studio from $1,110 to $1,304.
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 Chaffee County, CO?
HUD's Fair Market Rent for 2026 is $1,117 for a one-bedroom and $1,466 for a two-bedroom, utilities included. That is $17,592 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 Chaffee County, CO?
To keep a $1,466 two-bedroom at 30% of gross pay, one full-time worker needs $28.19 an hour, or $58,640 a year. A one-bedroom at $1,117 takes $21.48 an hour.
How much is a 1, 2 or 3-bedroom apartment in Chaffee County, CO?
At HUD's 2026 Fair Market Rent: studio $1,110, one bedroom $1,117, two $1,466, three $2,039 and four $2,298 a month.
Is rent affordable in Chaffee County, CO?
For the typical household, earning $84,132 a year ($7,011 a month, Census ACS), a two-bedroom at $1,466 takes 20.9% 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: ($1,466 × 12) ÷ 0.30 = $58,640. Divided by 2,080 working hours, that is $28.19 an hour.