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
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 FY2025Is 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)
Nearby Cities in COlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home 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
Buying breaks even after 3 years — worth it if you stay 3+ years.
Mortgage Calculator
Estimate monthly payment for $568,335 home at 7% rate
Living in Fort Collins
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Frequently Asked Questions
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⚖️Rent vs Buy in Fort CollinsIs it cheaper to rent or buy here?
💵Rent Affordability in Fort CollinsSalary needed to afford rent here
🗺️All Cities in COSee how Fort Collins ranks statewide
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