RentData

Average Rent in Fort Collins, CO Rents rising 3.0% YoY🔺 9th priciest in CO

HUD FY2025 · Official government data · Updated annually · Metro pop. 363,561

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Fort Collins, CO has rental prices ranging from $1,434/month to $2,526/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,442/month — 3% above the national average of $1,400/month. With a median household income of $91,364/year, spending $1,442/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Fort Collins Compares

With an average 2-bedroom rent of $1,695/month, Fort Collins ranks #9 most expensive of the 55 cities tracked in Colorado — pricier than 95% of all US cities in our data.

The Fort Collins Rental Market

The Fort Collins, CO area has a population of about 363,561 and 36% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Fort Collins, CO have risen by $49/month (3.0%) over the past year, from $1,646 to $1,695. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Fort Collins, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $57,680. The local median household income of $91,364 exceeds that threshold by $33,684, making Fort Collins relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Fort Collins, CO is $568,335, giving a price-to-rent ratio of 27.9. With a break-even horizon of approximately 28 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Fort Collins's neighborhoods. Among the highest-value areas are City Park Heights ($295,231 median home value), Westgate ($332,270 median home value), Scoth Pines ($346,722 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,434
Affordable
1 Bedroom
$1,442
Affordable
2 Bedrooms
$1,695
3.0% YoY
Affordable
3 Bedrooms
$2,375
Average
4 Bedrooms
$2,526
Average
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Median Home Value
$568,335
Source: Zillow ZHVI
Est. monthly payment
$3,025/mo
20% down · 30yr · 7%

Is Fort Collins, 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
$67,800/year
Local median income: $91,364
To buy a median home
$120,997/year
US national median: $75,000
💡 Based on a 2BR rent of $1,695/month and 20% down on a $568,335 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
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
Grand Junction$873$961$1,245$1,745

Rent or Buy in Fort Collins?

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

Should I Rent or Buy?

Break-even analysis using real Fort Collins data

$
Home Value
$568,335
2BR Rent
$1,695/mo
Mortgage Rate
7%
Monthly P&I
$3,025/mo
🏠 Buy

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

Total monthly buy cost: $4,185/movs rent: $1,695/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $568,335 home at 7% rate

20% — $113,667
3%50%
Estimated Monthly Payment
$3,025
per month · 30 years · 7% APR
Loan Amount
$454,668
Total Paid
$1,088,970
Total Interest
$634,302
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Fort Collins

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Fort Collins

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Fort Collins

Is it cheaper to rent or buy here?

💵Rent Affordability in Fort Collins

Salary needed to afford rent here

🗺️All Cities in CO

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⚖️Compare Fort Collins

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📋CO Tenant Rights

Deposit limits, eviction laws & renters protections