Boulder, CO

Boulder County ยท Pop. 105,673

Ranked #222 of 243 cities

18Crisis

Median Home Price

๐Ÿ 

$780K

1.5% YoY

Median Rent

๐Ÿ”‘

$2,100

1.0% YoY

Median Income

๐Ÿ’ฐ

$72K

Rent Burden

๐Ÿ“Š

35.5%

% of income to rent

Income to Buy

๐Ÿฆ

$224K

annual income needed

Income to Rent

๐Ÿ“

$84K

annual income needed

Price-to-Income

โš–๏ธ

10.8x

Homeownership

๐Ÿก

42.0%

Rent vs. Buy

Buy

$4,151/mo

Est. mortgage (7%, 20% down)

Need $224K/yr income

Rent

$2,100/mo

Median rent

Need $84K/yr income

How Boulder Compares

MetricBoulderColoradoNational
Home Price$780K$550K$410K
Rent$2,100$1,771$1,500
Income$72K$93K$75K
Rent Burden35.5%33.8%30.0%

Key Takeaways

  • โ€ข Home prices in Boulder are 90% higher than the national average.
  • โ€ข Rent is 40% higher than the national average.
  • โ€ข You need an income of $224K to comfortably buy a home here.
  • โ€ข The homeownership rate is 42.0%, compared to 65.0% nationally.