Logo Montrose County Fair Market Rent FY 2007 Montrose County, CO Rental Data

Fair Market Rent Prices in Montrose County, CO :
$426 $558 $647 $859 $1,064
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Montrose County are high compared to the national average. This FMR area is more expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Montrose County is $647 per month.

The previous year, rent for a two-bedroom home was $625 per month. This is a 3.52% increase year-over-year.

This FMR rate applies to Bedrock, CO, Paradox, CO, Redvale, CO, Naturita, CO, Nucla, CO, Olathe, CO, Montrose, CO and other cities within the region. The Metro Code or CBSA code for this region is NCNTY08085N08085.

Additionally, This Fair Market Rent (FMR) area Montrose County, CO spans one county or city in Colorado which is listed in the table below. Estimated population of Montrose County, CO FMR area is 33,432 people based on latest Census data.

Compared to the rest of Colorado, the Montrose County FMR area is more expensive than 53% of the state.

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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 Montrose County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Montrose County

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 $ 441
1-BR 1-Bedroom $ 594
2-BR 2-Bedroom $ 677
3-BR 3-Bedroom $ 934
4-BR 4-Bedroom $ 1179
Change Year:

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

County / Region Est. Population
Montrose County, CO 33,432
Zip Codes in Montrose County, CO

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

81401, 81402, 81403, 81411, 81422, 81424, 81425, 81429 and 81431

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