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State Housing Overview

Rent & Housing in Colorado

Based on comprehensive economic data across 117 tracked municipalities, Colorado presents diverse cost of living environments. Macroeconomic modeling identifies Lamar as the most cost-efficient market, contrasting starkly with the elevated real estate valuations found in Aspen. Colorado assesses a 4.4% progressive income tax, while residential property taxes average 0.51%. Financial planning in CO requires careful alignment of localized housing costs against state-level tax obligations.

Use this state hub to understand the statewide housing baseline first, then drop into city pages for a household-level feasibility verdict. The key question here is not just whether Colorado is “cheap” or “expensive”, but which cities look most livable once rent, home values, taxes, and household income are considered together.

Data Updated: March 2026
State Housing Snapshot
Average Rent Burden
20%
Avg annual rent vs household income
Average Price-to-Income
6x
Avg home value vs household income
Best Cost Baseline
Lamar, CO
Index 73
Highest Pressure
Aspen, CO
Index 457
Statewide Housing Verdict
High Pressure

Colorado shows elevated statewide housing pressure, with 20% average rent burden and 6x home-price-to-income. Treat Aspen, CO as stretch markets first, and use city pages to separate viable relocation pockets from headline expensive metros.

Average rent burden: 20%Average price-to-income: 6xBest baseline city: Lamar, COHighest-pressure city: Aspen, CO

Colorado Tax Radar

Max Income Tax
4.4%
Progressive Brackets
Est. Sales Tax
7.79%
Local + State Avg
Effective Property Tax
0.51%
Statewide Average
$
Default set to 2023 National Median ($74,580)

At a gross income of $74,580, the localized Colorado marginal tax brackets exact an effective state penalty of 4.1%. This results in an absolute "tax drag" drain of $3,062/year compared to states with no income tax.

Cities Tracked
117
Avg Home Value
$601,898
National: $303,400
Avg Rent
$1,685
National: $1,348
Avg Income
$101,101
National: $78,538

All Cities in Colorado

CityPop.Home ValueRentIncomeIndex
Denver713,734$530,920$1,770$91,681130
Colorado Springs483,099$446,132$1,667$83,198118
Aurora390,201$458,953$1,689$84,320120
Fort Collins169,705$556,327$1,661$83,598130
Lakewood156,309$565,592$1,733$85,789133
Thornton142,878$497,741$1,888$100,985127
Arvada122,835$608,988$1,802$113,396139
Westminster115,546$520,025$1,816$96,145129
Pueblo111,514$230,900$1,020$55,30585
Greeley109,421$418,757$1,333$68,650111
Centennial107,386$638,401$2,056$128,167145
Boulder106,274$943,114$2,508$85,364184
Highlands Ranch101,437$672,600$2,396$155,847153
Longmont98,958$548,639$1,831$89,724131
Loveland77,350$496,137$1,683$82,592124
Castle Rock76,614$621,700$1,946$143,031142
Broomfield75,110$631,600$2,074$121,025145
Grand Junction67,027$414,332$1,760$66,676115
Commerce City64,640$489,042$1,626$106,756123
Parker60,115$613,200$1,973$129,342141
Littleton45,092$630,890$1,925$96,611143
Brighton41,196$496,319$1,734$100,134126
Security-Widefield38,659$377,500$1,703$83,916110
Northglenn37,953$455,868$1,778$79,530121
Windsor35,918$579,162$1,780$121,758134
Pueblo West34,992$371,600$1,319$95,419105
Dakota Ridge34,159$600,186$2,103$120,368142
Englewood33,774$511,836$1,563$82,016125
Ken Caryl33,407$565,700$1,950$116,838134
Wheat Ridge32,158$598,233$1,493$87,598134
Erie31,927$719,918$2,775$163,644161
Lafayette30,471$667,236$2,042$110,431147
Fountain29,327$391,746$2,030$85,246115
Columbine25,681$590,600$2,391$129,480142
Evans22,265$392,859$1,497$72,926109
Four Square Mile21,788$448,200$1,796$73,318119
Louisville20,788$822,072$2,069$149,159165
Montrose20,703$359,000$1,117$63,177101
Golden20,467$851,378$1,854$95,913168
Clifton19,746$325,130$1,035$54,30196
Sherrelwood19,368$412,200$1,627$73,849113
Durango19,257$609,700$1,562$79,545135
Cimarron Hills18,808$333,300$1,439$75,853102
Johnstown18,075$502,715$1,767$130,851125
Firestone17,353$567,215$1,916$114,591134
Cañon City17,098$275,300$931$66,06890
Welby16,232$347,700$1,640$78,375106
Frederick15,893$542,688$2,252$135,316135
Greenwood Village15,485$1,395,140$2,119$145,781233
Black Forest14,658$805,200$0$142,173155
Federal Heights14,160$393,535$1,655$57,957113
Lone Tree14,136$880,607$2,030$125,699173
Fruita13,578$471,839$1,275$77,680116
Steamboat Springs13,341$874,400$1,909$100,156170
Sterling13,273$240,721$1,052$44,24287
Superior13,136$818,832$2,355$157,909168
Castle Pines12,573$882,812$2,128$189,918174
The Pinery11,740$709,800$3,115$173,889164
Berthoud11,684$602,900$1,708$111,297136
Wellington11,538$465,862$2,320$103,888127
Fort Morgan11,521$259,900$1,074$59,12190
Monument11,035$750,955$1,947$114,654156
Cherry Creek11,011$866,980$1,974$147,618171
Berkley10,838$453,600$1,709$76,232119
Fairmount10,521$772,600$2,505$163,785165
Rifle10,466$487,994$1,231$80,629118
Gunbarrel10,424$789,200$1,924$111,506160
Edwards10,415$747,700$1,885$90,735155
Glenwood Springs10,171$854,543$1,717$87,000165
Alamosa9,847$200,200$881$46,96980
Roxborough Park9,365$648,100$2,936$167,671155
Severance9,302$493,800$2,108$127,257128
Delta9,266$359,208$982$46,010100
Stonegate9,164$614,000$2,482$157,021146
Craig9,022$299,619$1,060$69,25694
Cortez8,898$226,700$1,028$51,37785
Woodmoor8,819$702,900$2,257$174,138154
Redlands8,771$466,400$1,546$97,500119
Milliken8,695$447,738$0$100,567114
Derby8,692$363,214$1,721$78,696110
Evergreen8,643$878,292$1,955$148,665172
Fort Lupton8,494$466,243$1,296$64,850116
Gypsum8,481$687,098$2,198$124,534151
Trinidad8,309$196,900$894$50,79280
Twin Lakes CDP (Adams County)8,279$526,700$1,608$93,818126
Lochbuie8,142$462,537$1,609$88,548118
Applewood8,120$725,300$2,142$128,988155
Timnath8,007$717,300$2,040$172,206153
Fruitvale7,998$299,900$1,800$76,339102
Woodland Park7,909$525,395$1,971$96,896130
Lamar7,629$137,100$844$58,48773
Eagle7,479$693,600$1,706$103,850147
La Junta7,211$180,700$709$54,25377
Aspen6,862$3,362,252$1,897$78,636457
Gunnison6,712$432,200$1,120$55,313110
Orchard Mesa6,597$304,200$1,588$76,173100
Carbondale6,553$1,415,112$2,255$94,300236
Dacono6,419$504,593$1,823$99,389126
Stratmoor6,396$323,845$1,244$62,75999
Cherry Hills Village6,366$3,135,812$0$250,001426
Gleneagle6,207$570,700$2,051$137,105136
Avon6,057$1,289,017$2,132$85,364220
Sheridan6,031$431,195$1,595$58,571116
Estes Park5,879$672,658$1,431$73,313141
Eaton5,832$462,548$1,710$106,146120
Salida5,786$583,400$1,567$69,773132
Mead5,503$554,545$1,583$116,074129
Battlement Mesa5,402$231,500$972$69,43285
Dove Valley5,313$425,900$1,892$85,772118
Shaw Heights5,309$452,700$1,986$89,125122
Brush5,299$265,300$1,048$73,02690
West Pleasant View5,221$454,000$1,795$89,352120
Todd Creek5,069$924,655$0$185,417171
Meridian5,058$571,600$1,925$90,496136
Breckenridge5,001$757,100$1,438$132,666151

FAQ: Living in Colorado

What is the most affordable city to live in Colorado?+

Among the cities we track, Lamar stands out as the most affordable option in Colorado. The median home value there is $137,100, and monthly rent typically runs around $844. The local median household income is $58,487, which tends to go further here than in much of the state.

What is the most expensive city in Colorado?+

Aspen is currently the priciest market in CO. Homes there are valued at a median of $3,362,252, and renters can expect to pay around $1,897/month. Incomes are higher too — the median household earns $78,636 — but whether that fully offsets the cost premium depends on your lifestyle.

How are taxes in Colorado?+

Colorado has a progressive income tax with a top rate of 4.4%. Property taxes average 0.51% statewide — among the lowest in the country. Combined state and local sales tax can reach 7.79%.

How much does housing vary across Colorado?+

There's a huge range. In Lamar, the median home costs around $137,100. In Aspen, that number jumps to $3,362,252 — roughly 24x more. Rents follow a similar pattern: approximately $844/month vs. $1,897/month. Where you choose to settle within CO can make a dramatic difference in your monthly budget.

Is Colorado a good state to move to?+

It depends on your priorities and budget. Colorado offers a wide range of living costs depending on the city. You can find very affordable communities alongside expensive metro areas. Home prices range from around $137,100 in budget-friendly areas to $3,362,252 in premium markets. Use the city comparison tool to compare housing, rent, property tax, and everyday cost pressure across locations in CO.

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Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly