Fort Collins, CO

Larimer County ยท Pop. 170,243

Ranked #183 of 243 cities

30Crisis

Median Home Price

๐Ÿ 

$520K

2.8% YoY

Median Rent

๐Ÿ”‘

$1,700

2.0% YoY

Median Income

๐Ÿ’ฐ

$72K

Rent Burden

๐Ÿ“Š

30.5%

% of income to rent

Income to Buy

๐Ÿฆ

$149K

annual income needed

Income to Rent

๐Ÿ“

$68K

annual income needed

Price-to-Income

โš–๏ธ

7.2x

Homeownership

๐Ÿก

52.0%

Rent vs. Buy

Buy

$2,768/mo

Est. mortgage (7%, 20% down)

Need $149K/yr income

Rent

$1,700/mo

Median rent

Need $68K/yr income

How Fort Collins Compares

MetricFort CollinsColoradoNational
Home Price$520K$550K$410K
Rent$1,700$1,771$1,500
Income$72K$93K$75K
Rent Burden30.5%33.8%30.0%

Key Takeaways

  • โ€ข Home prices in Fort Collins are 27% higher than the national average.
  • โ€ข Rent is 13% higher than the national average.
  • โ€ข You need an income of $149K to comfortably buy a home here.
  • โ€ข The homeownership rate is 52.0%, compared to 65.0% nationally.