RentData

Average Rent in Rio Blanco County, CO↑ Rents rising 15.5% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 6,518

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Rio Blanco County, CO has rental prices ranging from $865/month to $1,809/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $891/month — 36% below the national average of $1,400/month. With a median household income of $72,620/year, spending $891/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Rio Blanco County Compares

With an average 2-bedroom rent of $1,165/month, Rio Blanco County ranks #42 most expensive of the 55 cities tracked in Colorado — pricier than 72% of all US cities in our data.

The Rio Blanco County Rental Market

The Rio Blanco County, CO area has a population of about 6,518 and 24% 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 Rio Blanco County, CO have risen by $156/month (15.5%) over the past year, from $1,009 to $1,165. 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 Rio Blanco County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $35,640. The local median household income of $72,620 exceeds that threshold by $36,980, making Rio Blanco County relatively accessible compared to local wages.

Economy & Jobs

Rio Blanco County, CO has an unemployment rate of 3.9%, 0.0 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2027
Studio
$865
Affordable
1 Bedroom
$891
Affordable
2 Bedrooms
$1,165
↑15.5% YoY
Affordable
3 Bedrooms
$1,488
Affordable
4 Bedrooms
$1,809
Affordable
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Is Rio Blanco County, CO Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$46,600/year
Local median income: $72,620
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,165/month and 20% down on a — home at 7% rate.

Nearby Cities in COlargest metros in the state

CityStudio1BR2BR3BRHome 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 Rio Blanco County?

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

Should I Rent or Buy?

Break-even analysis using real Rio Blanco County data

$
Home Value
$350,000
2BR Rent
$1,165/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,165/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Rio Blanco County

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

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Frequently Asked Questions

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🏘️Neighborhoods in Rio Blanco County

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💵Rent Affordability in Rio Blanco County

Salary needed to afford rent here

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📋CO Tenant Rights

Deposit limits, eviction laws & renters protections