Average Rent in Lincoln County, CO↓ Rents falling 8.8% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 5,561
Market Overview
Lincoln County, CO has rental prices ranging from $799/month to $1,639/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $799/month — 43% below the national average of $1,400/month. With a median household income of $54,257/year, spending $799/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.
How Lincoln County Compares
With an average 2-bedroom rent of $1,025/month, Lincoln County ranks #43 most expensive of the 55 cities tracked in Colorado — pricier than 67% of all US cities in our data.
The Lincoln County Rental Market
The Lincoln County, CO area has a population of about 5,561 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Lincoln County, CO have fallen by $99/month (8.8%) over the past year, from $1,124 to $1,025. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.
Affordability
To afford a 1-bedroom apartment in Lincoln County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,960. The local median household income of $54,257 exceeds that threshold by $22,297, making Lincoln County relatively accessible compared to local wages.
Economy & Jobs
Lincoln County, CO has an unemployment rate of 5.1%, 1.2 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Lincoln County, CO Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in COlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Denver | $1,639 | $1,789 | $2,140 | $2,794 | — |
| Colorado Springs | $1,219 | $1,472 | $1,778 | $2,491 | — |
| Fort Collins | $1,434 | $1,442 | $1,695 | $2,375 | — |
| Greeley | $1,107 | $1,203 | $1,528 | $2,141 | — |
| Boulder | $1,466 | $1,702 | $2,059 | $2,704 | — |
| Pueblo | $863 | $959 | $1,258 | $1,626 | — |
Rent or Buy in Lincoln County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Lincoln County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Lincoln County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Lincoln CountySalary needed to afford rent here
🗺️All Cities in COSee how Lincoln County ranks statewide
⚖️Compare Lincoln CountySide-by-side rent & cost of living with any city
📋CO Tenant RightsDeposit limits, eviction laws & renters protections