Rent vs Buy in Pueblo, CO
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Rent and buy are roughly balanced in Pueblo, CO
Price-to-rent ratio is 18.6 (under 15 favors buying, over 21 favors renting). Renting costs $1,263/mo; owning runs about $2,136/mo — $873/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 7.18% rate) | $1,526 |
| Property tax | $258 |
| Home insurance | $117 |
| Maintenance | $235 |
| Total to own | $2,136 |
| Average 2BR rent | $1,263 |
Based on a median home value of $281,571 with a $56,314 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.