CORTEZ, CO
CitySAFMR
Montezuma County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$870$870
1 BR$930$930
2 BR$1,210$1,210
3 BR$1,610$1,560
4 BR$1,900$1,720
5 BR$2,185
6 BR$2,513
7 BR$2,890
8 BR$3,323

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 81321
0.62ratio
FMR$870
Market$1,410
vs market-$540

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.62
1 BR
1 BR· 81321
0.68ratio
FMR$930
Market$1,360
vs market-$430

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.68
2 BR
2 BR· 81321
0.85ratio
FMR$1,210
Market$1,430
vs market-$220

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.85
3 BR
3 BR· 81321
1.03ratio
FMR$1,610
Market$1,560
vs market+$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.03
4 BR
4 BR· 81321
1.10ratio
FMR$1,900
Market$1,720
vs market+$180

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.10
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$117,889
Rent
$1,210
Down payment
$23,578
Loan
$94,311
Mortgage
$596
Expenses
$414
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for CORTEZ, CO (CO) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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