Colorado · HUD FY2026 Fair Market Rents · Updated

Rent in Mineral County, CO

HUD puts rent for a two-bedroom in Mineral County, CO at $1,343 a month for 2026, and a one-bedroom at $1,024. Keeping the two-bedroom under 30% of income takes $25.83 an hour full time, or $53,720 a year. The typical household there would spend 28.7% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,485 (up 10.6%).

Rent in Mineral County, CO at a glance

2-bedroom rent (HUD)

$1,343$16,116 a year · HUD fiscal year 2026From October 1, 2026: $1,485 (+10.6%)
Studio$1,017$20/hr needed
1 bedroom$1,024$20/hr needed
Wage a 2-bedroom takes$25.83an hour, 40 hours a week
3 bedrooms$1,714$33/hr needed

How much rent can you afford in Mineral County, 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$1,343Monthly market rent
Share of gross income28.7%Recommended max: 30%
Annual income needed$53,720To meet the 30% standard
Max affordable rent$1,406At 30% of $56,250
0%30% (Affordability standard)100%
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Rent in Mineral 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.

HUD Fair Market Rent in Mineral County, CO, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,017$12,204$40,680$19.56/hr
1 bedroom$1,024$12,288$40,960$19.69/hr
2 bedroomsMost searched$1,343$16,116$53,720$25.83/hr
3 bedrooms$1,714$20,568$68,560$32.96/hr
4 bedrooms$2,106$25,272$84,240$40.50/hr

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

Rent in Mineral County, CO: common questions

How much is rent going up in Mineral County, CO in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,485 for a two-bedroom, up 10.6% from $1,343. A one-bedroom goes from $1,024 to $1,143, a studio from $1,017 to $1,103.

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 Mineral County, CO?

HUD's Fair Market Rent for 2026 is $1,024 for a one-bedroom and $1,343 for a two-bedroom, utilities included. That is $16,116 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 Mineral County, CO?

To keep a $1,343 two-bedroom at 30% of gross pay, one full-time worker needs $25.83 an hour, or $53,720 a year. A one-bedroom at $1,024 takes $19.69 an hour.

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

At HUD's 2026 Fair Market Rent: studio $1,017, one bedroom $1,024, two $1,343, three $1,714 and four $2,106 a month.

Is rent affordable in Mineral County, CO?

For the typical household, earning $56,250 a year ($4,688 a month, Census ACS), a two-bedroom at $1,343 takes 28.7% 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: ($1,343 × 12) ÷ 0.30 = $53,720. Divided by 2,080 working hours, that is $25.83 an hour.