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FY 2022 Final State Minimum Rent Calculation for Colorado

For Final FY 2022, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for Colorado. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of Colorado is 693,585, and half of the nonmetropolitan population of Colorado is 346,793.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of Colorado are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 346,793. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$675 Baca County 3,580 3,580
$720 Cheyenne County 2,125 5,705
$721 Jackson County 1,370 7,075
$755 Sedgwick County 2,355 9,430
$811 Conejos County 8,145 17,575
$857 Kiowa County 1,370 18,945
$866 Rio Grande County 11,430 30,375
$877 Bent County 5,805 36,180
$896 Saguache County 6,340 42,520
$906 Prowers County 12,085 54,605
$908 Costilla County 3,630 58,235
$914 Dolores County 1,735 59,970
$931 Otero County 18,325 78,295
$932 Hinsdale County 820 79,115
$948 Crowley County 5,515 84,630
$952 Washington County 4,810 89,440
$958 Lake County 7,480 96,920
$968 Alamosa County 16,345 113,265
$973 Logan County, Phillips County 26,210 139,475
$979 Huerfano County 6,500 145,975
$983 Las Animas County 14,150 160,125
$989 Lincoln County 5,520 165,645
$990 Custer County 4,505 170,150
$995 Rio Blanco County 6,555 176,705
$999 Kit Carson County 7,845 184,550
$1,011 Yuma County 10,110 194,660
$1,016 Moffat County 13,055 207,715
$1,019 Fremont County 46,600 254,315
$1,022 Montrose County 40,910 295,225
$1,037 Morgan County 28,125 323,350
$1,068 Montezuma County 25,770 349,120
$1,074 Chaffee County 18,820 367,940
$1,086 Delta County 30,215 398,155
$1,134 Mineral County, San Juan County 1,405 399,560
$1,185 Archuleta County 12,590 412,150
$1,198 Gunnison County 16,215 428,365
$1,279 Grand County 14,795 443,160
$1,387 Garfield County 57,945 501,105
$1,413 La Plata County 54,470 555,575
$1,548 Ouray County 4,655 560,230
$1,602 Routt County 24,360 584,590
$1,673 San Miguel County 7,805 592,395
$1,797 Summit County 29,720 622,115
$1,851 Pitkin County 17,745 639,860
$1,944 Eagle County 53,725 693,585

State Minimum Rent Determination

The Colorado State Nonmetropolitan Median FMR is $1,068. Because it is greater than the U.S. Nonmetropolitan Median FMR of $757, the Colorado State Minimum 2-Bedroom FMR is set at $757.

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