Best Rental Markets in Colorado (2026)

Data updated April 2026 · 54 cities screened

Colorado's median home value is $543,270 with a median rent of $1,822/mo across our 54 investable cities. At 4.0% annual rent-to-price (32th percentile nationally), it's a price-appreciation market more than a cash-flow one — rents are small relative to purchase prices. Expect entry prices well above the national state median of $344,082. Landlord-tenant law leans tenant-friendly — factor longer eviction timelines into your worst case.

Top Colorado cities for cash flow

Ranked by annual rent ÷ median home value. Higher means the rent check is bigger relative to what you paid — the first screen for a cash-flowing rental.

Top Colorado cities by rent-to-price ratio
#CityMedian Home ValueMedian RentRent / PricePopulation
1Security-Widefield$380,728$2,225/mo7.0%37,345
2Fountain$394,628$2,142/mo6.5%29,300
3Severance$500,778$2,700/mo6.5%10,130
4Commerce City$494,006$2,662/mo6.5%66,445
5Frederick$545,238$2,849/mo6.3%16,651
6Wellington$472,636$2,419/mo6.1%11,798
7Sterling$245,376$1,190/mo5.8%13,172
8Firestone$582,332$2,809/mo5.8%18,049
9Pueblo$286,326$1,318/mo5.5%111,561
10Evans$396,157$1,745/mo5.3%22,396

Most affordable entry points

Lowest median home values — where a first deal or a limited budget goes furthest. Cheap is not automatically good: check rent and condition before assuming a bargain.

Most affordable Colorado cities by median home value
#CityMedian Home ValueMedian RentRent / PricePopulation
1Sterling$245,376$1,190/mo5.8%13,172
2Pueblo$286,326$1,318/mo5.5%111,561
3Clifton$334,885$1,391/mo5.0%19,518
4Security-Widefield$380,728$2,225/mo7.0%37,345
5Fountain$394,628$2,142/mo6.5%29,300
6Evans$396,157$1,745/mo5.3%22,396
7Federal Heights$398,431$1,611/mo4.9%14,125
8Greeley$421,362$1,428/mo4.1%110,806
9Grand Junction$424,908$1,804/mo5.1%68,142
10Colorado Springs$451,201$1,712/mo4.6%487,887

Fastest rent growth

Year-over-year change in Zillow's observed rent index. Rising rents lift future cash flow — but verify the driver (jobs and population, not a one-year blip).

Colorado cities by year-over-year rent growth
#CityRent Growth YoYMedian RentMedian Home Value
1Montrose8.6%$1,864/mo$467,455
2Steamboat Springs8.4%$3,229/mo$1,302,688
3Fruita7.0%$1,752/mo$482,995
4Grand Junction5.0%$1,804/mo$424,908
5Fountain3.3%$2,142/mo$394,628
6Clifton3.1%$1,391/mo$334,885
7Fort Collins3.1%$2,001/mo$568,389
8Superior2.7%$2,380/mo$837,077
9Commerce City2.5%$2,662/mo$494,006
10Loveland2.3%$1,885/mo$504,236

Colorado fundamentals for landlords

The state-level numbers that shape every deal here — what taxes and law take out of the rent check, and whether demand is growing.

Effective property tax0.55%

Annual tax as a share of home value (Tax Foundation). Comes straight out of cash flow.

Top income tax rate4.40%

Top marginal state rate (Tax Foundation) — what your rental profit is taxed at in-state.

Landlord friendliness42/100

Composite of rent control, eviction timeline, deposit caps, and notice rules in state statute.

Population growth YoY1.4%

Census ACS. People moving in = housing demand; sustained decline is the risk flag.

Unemployment3.5%

BLS, latest month. Tenant quality and vacancy risk track the job market.

Building permits (SF + MF)33,052

Census BPS, latest year. Heavy new supply competes with your unit at renewal time.

Violent crime rate430/100k

FBI Crime Data Explorer. Affects insurance, tenant pool, and appreciation.

Federal disasters since 195376

FEMA declarations — a proxy for insurance cost and climate exposure.

Frequently asked questions

What is the best rental market in Colorado for cash flow?

By rent-to-price ratio, Security-Widefield leads Colorado at 7.0% — a median rent of $2,225/mo against a $380,728 median home value (Zillow, April 2026).

Does Colorado pass the 1% rule?

At state medians — $1,822 rent on a $543,270 home — monthly rent is 0.34% of the purchase price, so the median Colorado deal falls short of the 1% screen. Individual cities can still clear it — see the table above.

Is Colorado landlord-friendly?

Colorado scores 42/100 on our landlord-friendliness composite (rent control status, eviction timeline, deposit caps, notice requirements) — less owner-friendly than 72% of states.

How high are property taxes in Colorado?

The effective property tax rate is 0.55% of home value per year (Tax Foundation) — on the median $543,270 home, roughly $2,988 a year off your cash flow.

Compare with similar states

Vermont · Wisconsin · North Dakota · New York · Connecticut

About this data: compiled by RehabRange from Zillow Research (ZHVI home values, ZORI rents), U.S. Census Bureau (ACS population and income, Building Permits Survey), Bureau of Labor Statistics (unemployment), FBI Crime Data Explorer, FEMA, and Tax Foundation. Last updated April 2026.

RehabRange is built by Mitchell Haughton, a practicing eastern-Connecticut real estate investor — the same screens he runs before walking a property. How we rank markets