Logo Phillips County Fair Market Rent FY 2021 Phillips County, CO Rental Data

Fair Market Rent Prices in Phillips County, CO :
$610 $614 $809 $1,072 $1,168
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 Phillips County are average compared to the national average. This FMR area is more expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Phillips County is $809 per month.

The previous year, rent for a two-bedroom home was $714 per month. This is a 13.31% increase year-over-year.

This FMR rate applies to Amherst, CO, Ovid, CO, Paoli, CO, Holyoke, CO and other cities within the region. The Metro Code or CBSA code for this region is NCNTY08095N08095.

Additionally, This Fair Market Rent (FMR) area Phillips County, CO spans one county or city in Colorado which is listed in the table below. Estimated population of Phillips County, CO FMR area is 4,325 people based on latest Census data.

Compared to the rest of Colorado, the Phillips County FMR area is less expensive than 82% 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 Phillips County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Phillips 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 $ 647
1-BR 1-Bedroom $ 651
2-BR 2-Bedroom $ 858
3-BR 3-Bedroom $ 1137
4-BR 4-Bedroom $ 1238
Change Year:

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

County / Region Est. Population
Phillips County, CO 4,325
Zip Codes in Phillips County, CO

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

80721, 80734, 80744 and 80746

Lookup Fair Market Rent by Zip Code