Rent vs Buy in Fort Collins, CO
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Renting looks favorable in Fort Collins, CO
Price-to-rent ratio is 26.3 (under 15 favors buying, over 21 favors renting). Renting costs $1,759/mo; owning runs about $4,095/mo — $2,336/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.80% rate) | $2,893 |
| Property tax | $509 |
| Home insurance | $231 |
| Maintenance | $462 |
| Total to own | $4,095 |
| Average 2BR rent | $1,759 |
Based on a median home value of $554,735 with a $110,947 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.