RentData

Average Rent in Washington County, CO Rents falling 4.2% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 4,839

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Washington County, CO has rental prices ranging from $808/month to $1,375/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $836/month — 40% below the national average of $1,400/month. With a median household income of $65,164/year, spending $836/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Washington County Compares

With an average 2-bedroom rent of $1,037/month, Washington County ranks #39 most expensive of the 55 cities tracked in Colorado — pricier than 69% of all US cities in our data.

The Washington County Rental Market

The Washington County, CO area has a population of about 4,839 and 28% 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 Washington County, CO have fallen by $46/month (4.2%) over the past year, from $1,083 to $1,037. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Washington County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,440. The local median household income of $65,164 exceeds that threshold by $31,724, making Washington County relatively accessible compared to local wages.

Economy & Jobs

Washington County, CO has an unemployment rate of 4.1%, 0.2 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 FY2025
Studio
$808
Affordable
1 Bedroom
$836
Affordable
2 Bedrooms
$1,037
4.2% YoY
Affordable
3 Bedrooms
$1,294
Affordable
4 Bedrooms
$1,375
Affordable
🔔
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Is Washington 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
$41,480/year
Local median income: $65,164
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,037/month and 20% down on a home at 7% rate.

Nearby Cities in COlargest metros in the state

CityStudio1BR2BR3BRHome Value
Denver$1,639$1,789$2,140$2,794
Colorado Springs$1,219$1,472$1,778$2,491
Fort Collins$1,434$1,442$1,695$2,375
Greeley$1,107$1,203$1,528$2,141
Boulder$1,466$1,702$2,059$2,704
Pueblo$863$959$1,258$1,626

Rent or Buy in Washington County?

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

Should I Rent or Buy?

Break-even analysis using real Washington County data

$
Home Value
$350,000
2BR Rent
$1,037/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 3 years — worth it if you stay 3+ years.

Total monthly buy cost: $2,577/movs rent: $1,037/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Washington 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 Washington County

Compare rent & home prices by neighborhood

💵Rent Affordability in Washington County

Salary needed to afford rent here

🗺️All Cities in CO

See how Washington County ranks statewide

⚖️Compare Washington County

Side-by-side rent & cost of living with any city

📋CO Tenant Rights

Deposit limits, eviction laws & renters protections