Logo Grand Junction Fair Market Rent FY 2007 Grand Junction, CO MSA Rental Data

Fair Market Rent Prices in Grand Junction, CO :
$500 $501 $602 $877 $1,060
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Grand Junction are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Grand Junction is $602 per month.

The previous year, rent for a two-bedroom home was $582 per month. This is a 3.44% increase year-over-year.

This FMR rate applies to Gateway, CO, Molina, CO, Glade Park, CO, Mesa, CO, Mack, CO, Collbran, CO, Whitewater, CO, Loma, CO, Palisade, CO, Clifton, CO and other cities within the region. The Metro Code or CBSA code for this region is METRO24300M24300.

Additionally, This Fair Market Rent (FMR) area Grand Junction, CO MSA spans one county or city in Colorado which is listed in the table below. Estimated population of Grand Junction, CO MSA FMR area is 116,255 people based on 2000 Census data.

Compared to the rest of Colorado, the Grand Junction FMR area is more expensive than 51% of the state.

Colorado Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Grand Junction. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Grand Junction

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 526
1-BR 1-Bedroom $ 527
2-BR 2-Bedroom $ 632
3-BR 3-Bedroom $ 922
4-BR 4-Bedroom $ 1112
Change Year:

There is just one county (listed below) within the Grand Junction, CO MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Grand Junction - Montrose.

County / Region Est. Population
Mesa County, CO Metro 116,255
Zip Codes in Grand Junction, CO MSA

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

81501, 81502, 81503, 81504, 81505, 81506, 81507, 81520, 81521, 81522, 81523, 81524, 81525, 81526, 81527, 81624, 81643 and 81646

Lookup Fair Market Rent by Zip Code