Average Rent in Montezuma County, CO↑ Rents rising 8.5% YoY
HUD FY2027 · Official government data · Updated annually · Metro pop. 26,204
Market Overview
Montezuma County, CO has rental prices ranging from $953/month to $1,988/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,025/month — 27% below the national average of $1,400/month. With a median household income of $63,005/year, spending $1,025/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Montezuma County Compares
With an average 2-bedroom rent of $1,280/month, Montezuma County ranks #32 most expensive of the 55 cities tracked in Colorado — pricier than 80% of all US cities in our data.
The Montezuma County Rental Market
The Montezuma County, CO area has a population of about 26,204 and 25% 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 Montezuma County, CO have risen by $100/month (8.5%) over the past year, from $1,180 to $1,280. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.
Affordability
To afford a 1-bedroom apartment in Montezuma County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $41,000. The local median household income of $63,005 exceeds that threshold by $22,005, making Montezuma County relatively accessible compared to local wages.
Economy & Jobs
Montezuma County, CO has an unemployment rate of 4.8%, 0.9 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 FY2027Is Montezuma 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 | $1,751 | $1,831 | $2,169 | $2,846 | — |
| Colorado Springs | $1,129 | $1,380 | $1,621 | $2,245 | — |
| Fort Collins | $1,551 | $1,589 | $1,759 | $2,379 | — |
| Greeley | $1,240 | $1,307 | $1,647 | $2,281 | — |
| Boulder | $1,520 | $1,735 | $2,033 | $2,703 | — |
| Pueblo | $879 | $978 | $1,263 | $1,611 | — |
Rent or Buy in Montezuma County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Montezuma County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Montezuma 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 Montezuma CountySalary needed to afford rent here
🗺️All Cities in COSee how Montezuma County ranks statewide
⚖️Compare Montezuma CountySide-by-side rent & cost of living with any city
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