Average Rent in Teller County, CO↓ Rents falling 1.3% YoY

Teller County, CO has rental prices ranging from $1,026/month to $2,346/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,354/month — 3% below the national average of $1,400/month. With a median household income of $80,666/year, spending $1,354/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.

How Teller County Compares

With an average 2-bedroom rent of $1,474/month, Teller County ranks #20 most expensive of the 55 cities tracked in Colorado — pricier than 88% of all US cities in our data.

The Teller County Rental Market

The Teller County, CO area has a population of about 24,774 and 18% 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 Teller County, CO have fallen by $19/month (1.3%) over the past year, from $1,493 to $1,474. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Teller County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $54,160. The local median household income of $80,666 exceeds that threshold by $26,506, making Teller County relatively accessible compared to local wages.

Economy & Jobs

Teller 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 Teller County, CO Affordable?

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

Rent or Buy in Teller County?

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

Living in Teller County

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