Total monthly cost of ownership
Cost to Own a Home in Estes Park, Colorado
A $634,000 home here costs
$4,396per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,259. The real number is $1,137 higher every month — 35% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Estes Park against Larimer County and Colorado
| Measure | Estes Park | Larimer County |
|---|---|---|
| Median home value | $634,200 | $532,200 |
| Median property tax | $2,534 | $2,662 |
| Effective tax rate | 0.400% | 0.500% |
| Median gross rent | $1,431 | $1,677 |
| Population | 5,879 | 363,561 |
The weather behind that power bill
Estes Park sits in Larimer County, which averages a high of 74.3°F in its hottest month and a low of 10.0°F in its coldest, with 20.57" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 6 cooling and 10,054 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Larimer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Larimer County
Full Larimer County cost breakdown · Every county in Colorado
Common questions
How much does it cost to own a home in Estes Park?
A $634,000 home in Estes Park, Colorado costs approximately $4,396 per month with 20% down at 6.66%. That is $3,259 principal and interest, $211 property tax, $184 homeowners insurance, $213 utilities and $528 set aside for maintenance.
What is the property tax rate in Estes Park?
Estes Park has an effective property tax rate of 0.400%, based on a median home value of $634,200 and median real estate taxes of $2,534. That is lower than the Larimer County average of 0.500%.
What is the average home price in Estes Park?
The median owner-occupied home value in Estes Park, Colorado is $634,200, against $532,200 across Larimer County.
Is it cheaper to rent or buy in Estes Park?
Median gross rent in Estes Park is $1,431 a month, against $4,396 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Estes Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Colorado.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.