Average Rent in Mineral County, CO↓ Rents falling 4.5% YoY

Mineral County, CO has rental prices ranging from $986/month to $2,082/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $992/month — 29% below the national average of $1,400/month. With a median household income of $52,455/year, spending $992/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.

How Mineral County Compares

With an average 2-bedroom rent of $1,302/month, Mineral County ranks #21 most expensive of the 55 cities tracked in Colorado — pricier than 86% of all US cities in our data.

The Mineral County Rental Market

The Mineral County, CO area has a population of about 799 and 26% 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 Mineral County, CO have fallen by $62/month (4.5%) over the past year, from $1,364 to $1,302. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Mineral County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,680. The local median household income of $52,455 exceeds that threshold by $12,775, making Mineral County relatively accessible compared to local wages.

Economy & Jobs

Mineral County, CO has an unemployment rate of 4.0%, 0.1 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.

Is Mineral County, CO Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Mineral County?

Break-even analysis and mortgage estimates based on local market data.

Living in Mineral County

Cost of living, job market, crime rates, and moving cost estimates.