RentData

Average Rent in La Plata County, CO Rents falling 7.4% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 56,088

Data review: HUD FY2025Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

La Plata County, CO has rental prices ranging from $1,201/month to $2,542/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,262/month — 10% below the national average of $1,400/month. With a median household income of $85,296/year, spending $1,262/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How La Plata County Compares

With an average 2-bedroom rent of $1,589/month, La Plata County ranks #12 most expensive of the 55 cities tracked in Colorado — pricier than 94% of all US cities in our data.

The La Plata County Rental Market

The La Plata County, CO area has a population of about 56,088 and 29% 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 La Plata County, CO have fallen by $127/month (7.4%) over the past year, from $1,716 to $1,589. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in La Plata County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $50,480. The local median household income of $85,296 exceeds that threshold by $34,816, making La Plata County relatively accessible compared to local wages.

Economy & Jobs

La Plata County, CO has an unemployment rate of 3.6%, 0.3 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Fair Market Rents

HUD FY2025
Studio
$1,201
Affordable
1 Bedroom
$1,262
Affordable
2 Bedrooms
$1,589
7.4% YoY
Affordable
3 Bedrooms
$1,957
Affordable
4 Bedrooms
$2,542
Average
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Is La Plata County, 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
$63,560/year
Local median income: $85,296
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,589/month and 20% down on a 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
Fort Collins$1,434$1,442$1,695$2,375
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

Rent or Buy in La Plata County?

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

Should I Rent or Buy?

Break-even analysis using real La Plata County data

$
Home Value
$350,000
2BR Rent
$1,589/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,589/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in La Plata County

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

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Frequently Asked Questions

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🏘️Neighborhoods in La Plata County

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💵Rent Affordability in La Plata County

Salary needed to afford rent here

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📋CO Tenant Rights

Deposit limits, eviction laws & renters protections