Ranked from ACS 2023 5-Year
Counties Where Renting Costs Far Less Than Owning in Colorado
The widest gaps between median rent and the full monthly cost of owning the median home. A large gap does not automatically mean renting is the better decision, because rent buys no equity and is not fixed for thirty years, but it does show where the market prices ownership at a steep premium.
Colorado ranked
| # | County | Monthly saved by renting | Median rent | Monthly to own |
|---|---|---|---|---|
| 1 | Pitkin County | $5,983 | $1,880 | $7,863 |
| 2 | Summit County | $4,048 | $1,851 | $5,899 |
| 3 | Eagle County | $3,693 | $2,032 | $5,725 |
| 4 | Routt County | $3,431 | $1,845 | $5,276 |
| 5 | Elbert County | $3,290 | $1,436 | $4,726 |
| 6 | Ouray County | $3,269 | $1,398 | $4,667 |
| 7 | Boulder County | $3,221 | $1,893 | $5,114 |
| 8 | San Miguel County | $3,105 | $1,173 | $4,278 |
| 9 | Gunnison County | $2,991 | $1,191 | $4,182 |
| 10 | Clear Creek County | $2,834 | $1,230 | $4,064 |
| 11 | Douglas County | $2,752 | $2,095 | $4,847 |
| 12 | Chaffee County | $2,675 | $1,514 | $4,189 |
| 13 | Jefferson County | $2,535 | $1,792 | $4,327 |
| 14 | Broomfield County | $2,514 | $2,074 | $4,588 |
| 15 | La Plata County | $2,443 | $1,409 | $3,852 |
| 16 | Denver County | $2,420 | $1,770 | $4,190 |
| 17 | Gilpin County | $2,253 | $1,340 | $3,593 |
| 18 | Larimer County | $2,166 | $1,677 | $3,843 |
| 19 | Grand County | $2,156 | $1,451 | $3,607 |
| 20 | Mineral County | $2,070 | $903 | $2,973 |
| 21 | Hinsdale County | $2,026 | $1,099 | $3,125 |
| 22 | Garfield County | $2,012 | $1,515 | $3,527 |
| 23 | Arapahoe County | $2,000 | $1,812 | $3,812 |
| 24 | San Juan County | $1,836 | $1,076 | $2,912 |
| 25 | Archuleta County | $1,819 | $1,409 | $3,228 |
| 26 | Weld County | $1,773 | $1,469 | $3,242 |
| 27 | Adams County | $1,662 | $1,713 | $3,375 |
| 28 | Custer County | $1,588 | $1,021 | $2,609 |
| 29 | Park County | $1,542 | $1,942 | $3,484 |
| 30 | El Paso County | $1,506 | $1,609 | $3,115 |
| 31 | Montrose County | $1,482 | $1,120 | $2,602 |
| 32 | Teller County | $1,444 | $1,746 | $3,190 |
| 33 | Mesa County | $1,399 | $1,154 | $2,553 |
| 34 | Lake County | $1,305 | $1,599 | $2,904 |
| 35 | Montezuma County | $1,276 | $974 | $2,250 |
| 36 | Delta County | $1,240 | $1,080 | $2,320 |
| 37 | Huerfano County | $1,161 | $739 | $1,900 |
| 38 | Morgan County | $1,156 | $1,092 | $2,248 |
| 39 | Fremont County | $1,060 | $1,036 | $2,096 |
| 40 | Pueblo County | $995 | $1,059 | $2,054 |
| 41 | Phillips County | $991 | $947 | $1,938 |
| 42 | Moffat County | $922 | $1,051 | $1,973 |
| 43 | Lincoln County | $902 | $854 | $1,756 |
| 44 | Rio Blanco County | $901 | $924 | $1,825 |
| 45 | Rio Grande County | $867 | $782 | $1,649 |
| 46 | Kit Carson County | $792 | $916 | $1,708 |
| 47 | Saguache County | $786 | $746 | $1,532 |
| 48 | Alamosa County | $773 | $904 | $1,677 |
| 49 | Yuma County | $764 | $897 | $1,661 |
| 50 | Las Animas County | $737 | $875 | $1,612 |
| 51 | Logan County | $719 | $1,027 | $1,746 |
| 52 | Washington County | $676 | $991 | $1,667 |
| 53 | Cheyenne County | $601 | $862 | $1,463 |
| 54 | Conejos County | $561 | $724 | $1,285 |
| 55 | Baca County | $522 | $490 | $1,012 |
| 56 | Costilla County | $477 | $857 | $1,334 |
| 57 | Otero County | $468 | $796 | $1,264 |
| 58 | Prowers County | $458 | $741 | $1,199 |
| 59 | Sedgwick County | $433 | $728 | $1,161 |
| 60 | Jackson County | $357 | $1,484 | $1,841 |
| 61 | Kiowa County | $346 | $869 | $1,215 |
| 62 | Bent County | $264 | $854 | $1,118 |
| 63 | Dolores County | $40 | $1,688 | $1,728 |
| 64 | Crowley County | $-60 | $976 | $916 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Counties Where Renting Costs Far Less Than Owning across all 3,133 US counties · Every county in Colorado