Mineral County, CO: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,4852-bedroom FMR, FY2027

$1,1431-bedroom FMR, FY2027

$77,90080% income limit, family of 4 (FY2026)

$76,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Mineral County is $1,485 a month, up 10.6% from $1,343 in FY2026. Mineral County belongs to the Mineral County, CO FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Mineral County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,103	$1,017	+8.5%	$993 – $1,213
1 bedroom	$1,143	$1,024	+11.6%	$1,029 – $1,257
2 bedrooms	$1,485	$1,343	+10.6%	$1,337 – $1,633
3 bedrooms	$1,913	$1,714	+11.6%	$1,722 – $2,104
4 bedrooms	$2,306	$2,106	+9.5%	$2,076 – $2,536

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Mineral County that is typically $1,337 to $1,633 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$38,750median income of renter households (low reliability)

$928Median gross rent, all units

29%Rent-to-income ratio (median rent ÷ median renter income)

59%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $38,750 can afford about $969 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,485 is $516 (53.3%) more than that. To rent a two-bedroom at the FMR, a household needs $59,400 a year under the 30% rule, or $53,460 under the common landlord rule that income must be three times the rent.

Mineral County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$928 ±$172
Median income of renter households	$38,750 ±$25,714
Renters paying 30% or more of income (cost-burdened)	59.2% ±21.5
Renters paying 50% or more (severely cost-burdened)	27.2% ±24.3
Renter households (where the share can be computed)	103

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$720	$928	+28.9%
Median renter household income	$33,542	$38,750	+15.5%

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Mineral County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $76,400 (FY2025: $75,600, +1.1%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$20,450 −4.7%	$23,400 −4.5%	$27,320 −0.8%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$34,100 −4.5%	$39,000 −4.4%	$43,850 −4.5%	$48,700 −4.5%	$52,600 −4.5%	$56,500 −4.6%	$60,400 −4.5%	$64,300 −4.5%
Low income (80%)	$54,550 −4.5%	$62,350 −4.5%	$70,150 −4.5%	$77,900 −4.5%	$84,150 −4.5%	$90,400 −4.5%	$96,600 −4.5%	$102,850 −4.5%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.