Colorado · HUD FY2026 Fair Market Rents · Updated

Rent in Pitkin County, CO

HUD puts rent for a two-bedroom in Pitkin County, CO at $2,214 a month for 2026, and a one-bedroom at $2,020. Keeping the two-bedroom under 30% of income takes $42.58 an hour full time, or $88,560 a year. The typical household there would spend 25.9% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $2,597 (up 17.3%).

Rent in Pitkin County, CO at a glance

2-bedroom rent (HUD)

$2,214$26,568 a year · HUD fiscal year 2026From October 1, 2026: $2,597 (+17.3%)
Studio$1,526$29/hr needed
1 bedroom$2,020$39/hr needed
Wage a 2-bedroom takes$42.58an hour, 40 hours a week
3 bedrooms$2,826$54/hr needed

How much rent can you afford in Pitkin 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$2,214Monthly market rent
Share of gross income25.9%Recommended max: 30%
Annual income needed$88,560To meet the 30% standard
Max affordable rent$2,566At 30% of $102,645
0%30% (Affordability standard)100%
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Rent in Pitkin 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 Pitkin County, CO, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,526$18,312$61,040$29.35/hr
1 bedroom$2,020$24,240$80,800$38.85/hr
2 bedroomsMost searched$2,214$26,568$88,560$42.58/hr
3 bedrooms$2,826$33,912$113,040$54.35/hr
4 bedrooms$3,471$41,652$138,840$66.75/hr

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

Rent in Pitkin County, CO: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $2,597 for a two-bedroom, up 17.3% from $2,214. A one-bedroom goes from $2,020 to $2,169, a studio from $1,526 to $1,808.

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 Pitkin County, CO?

HUD's Fair Market Rent for 2026 is $2,020 for a one-bedroom and $2,214 for a two-bedroom, utilities included. That is $26,568 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 Pitkin County, CO?

To keep a $2,214 two-bedroom at 30% of gross pay, one full-time worker needs $42.58 an hour, or $88,560 a year. A one-bedroom at $2,020 takes $38.85 an hour.

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

At HUD's 2026 Fair Market Rent: studio $1,526, one bedroom $2,020, two $2,214, three $2,826 and four $3,471 a month.

Is rent affordable in Pitkin County, CO?

For the typical household, earning $102,645 a year ($8,554 a month, Census ACS), a two-bedroom at $2,214 takes 25.9% 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: ($2,214 × 12) ÷ 0.30 = $88,560. Divided by 2,080 working hours, that is $42.58 an hour.