Grand Junction
Colorado · Ranked #261 of 373 metros
62Moderate
💡
Housing in Grand Junction costs 5.77× the median income, above the national average of 4.5×. The median home price is $373K and median rent is $1,184/month. Grand Junction ranks #261 of 373 metros for affordability.
Median Home Price
🏠$373K
Need $110K income
Median Rent
🔑$1,184
Need $47K income
Building Permits
🔨1,014
annual
Median Income
💰$65K
Pop: 172,331
Rent Burden
⚠️22.0%
of renters paying >30%
Homeownership
🏡69.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Grand Junction | National |
|---|---|---|
| Price-to-Income Ratio | 5.77x | 6.1x |
| Rent Burden | 22.0% | 31.5% |
| Homeownership Rate | 69.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +69.1%Since 2000: +245.8%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$881/mo
1 Bedroom$986/mo
2 Bedroom$1,249/mo
3 Bedroom$1,737/mo
4 Bedroom$2,095/mo
Zillow Market Data
Home Value (ZHVI)
$422K
1yr: +2.2%5yr: +38.5%
Rent (ZORI)
$1,725/mo
1yr: +3.8%5yr: +40.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$423K
Active Inventory
479
Days on Market
60
Sold Above List
17.1%
Price Drops
22.8%