Average Rent in Greeley, CO
HUD FY2025 · Official government data · Updated annually · Metro pop. 340,711
Market Overview
Greeley, CO has rental prices ranging from $1,107/month to $2,443/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,203/month — 14% below the national average of $1,400/month. With a median household income of $93,287/year, spending $1,203/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.
How Greeley Compares
With an average 2-bedroom rent of $1,528/month, Greeley ranks #13 most expensive of the 55 cities tracked in Colorado — pricier than 93% of all US cities in our data.
The Greeley Rental Market
The Greeley, CO area has a population of about 340,711 and 25% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Greeley, CO have fallen by $5/month (0.3%) over the past year, from $1,533 to $1,528. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.
Affordability
To afford a 1-bedroom apartment in Greeley, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $48,120. The local median household income of $93,287 exceeds that threshold by $45,167, making Greeley relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Greeley, CO is $422,689, giving a price-to-rent ratio of 23.1. With a break-even horizon of approximately 23 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.
Fair Market Rents
HUD FY2025Is Greeley, 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 | — |
| Fort Collins | $1,434 | $1,442 | $1,695 | $2,375 | — |
| 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 Greeley?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Greeley data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $422,689 home at 7% rate
Living in Greeley
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in GreeleySalary needed to afford rent here
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