Rent in Summit County, CO at a glance
2-bedroom rent (HUD)
$2,467$29,604 a year · HUD fiscal year 2026From October 1, 2026: $2,766 (+12.1%)How much rent can you afford in Summit 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 Summit 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 | $1,701 | $20,412 | $68,040 | $32.71/hr |
| 1 bedroom | $1,880 | $22,560 | $75,200 | $36.15/hr |
| 2 bedroomsMost searched | $2,467 | $29,604 | $98,680 | $47.44/hr |
| 3 bedrooms | $2,958 | $35,496 | $118,320 | $56.88/hr |
| 4 bedrooms | $3,268 | $39,216 | $130,720 | $62.85/hr |
Cost of living in Summit County, CO: income, prices and a budget →
Living and working in Summit County, CO
Rent in Summit County, CO: common questions
How much is rent going up in Summit County, CO in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $2,766 for a two-bedroom, up 12.1% from $2,467. A one-bedroom goes from $1,880 to $2,114, a studio from $1,701 to $1,926.
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 Summit County, CO?
HUD's Fair Market Rent for 2026 is $1,880 for a one-bedroom and $2,467 for a two-bedroom, utilities included. That is $29,604 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 Summit County, CO?
To keep a $2,467 two-bedroom at 30% of gross pay, one full-time worker needs $47.44 an hour, or $98,680 a year. A one-bedroom at $1,880 takes $36.15 an hour.
How much is a 1, 2 or 3-bedroom apartment in Summit County, CO?
At HUD's 2026 Fair Market Rent: studio $1,701, one bedroom $1,880, two $2,467, three $2,958 and four $3,268 a month.
Is rent affordable in Summit County, CO?
For the typical household, earning $109,773 a year ($9,148 a month, Census ACS), a two-bedroom at $2,467 takes 27% 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: ($2,467 × 12) ÷ 0.30 = $98,680. Divided by 2,080 working hours, that is $47.44 an hour.