Rent vs Buy in Pueblo, CO
Monthly cost of renting vs owning a median-priced home · 30-yr fixed, 20% down
Rent and buy are roughly balanced in Pueblo, CO
Price-to-rent ratio is 19.0 (under 15 favors buying, over 21 favors renting). Renting costs $1,258/mo; owning runs about $2,140/mo — $882/mo more to own.
| Monthly cost to own | Amount |
|---|---|
| Mortgage (P&I, 6.95% rate) | $1,519 |
| Property tax | $263 |
| Home insurance | $120 |
| Maintenance | $239 |
| Total to own | $2,140 |
| Average 2BR rent | $1,258 |
Based on a median home value of $286,843 with a $57,369 down payment. Owning also builds equity over time, which a monthly comparison doesn't capture. Estimates use national averages for taxes, insurance and maintenance — your actual costs will vary.