Average Rent in Teller County, CO↓ Rents falling 3.5% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 24,774
Market Overview
Teller County, CO has rental prices ranging from $1,005/month to $2,460/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,323/month — 5% below the national average of $1,400/month. With a median household income of $80,666/year, spending $1,323/month on a 1-bedroom represents 20% of gross income — within the recommended 30% threshold.
How Teller County Compares
With an average 2-bedroom rent of $1,465/month, Teller County ranks #14 most expensive of the 55 cities tracked in Colorado — pricier than 91% of all US cities in our data.
The Teller County Rental Market
The Teller County, CO area has a population of about 24,774 and 18% 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 Teller County, CO have fallen by $53/month (3.5%) over the past year, from $1,518 to $1,465. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Teller County, CO without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $52,920. The local median household income of $80,666 exceeds that threshold by $27,746, making Teller County relatively accessible compared to local wages.
Economy & Jobs
Teller County, CO has an unemployment rate of 4.0%, 0.1 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Teller County, 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 | — |
| 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 Teller County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Teller County data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Living in Teller County
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 Teller CountySalary needed to afford rent here
🗺️All Cities in COSee how Teller County ranks statewide
⚖️Compare Teller CountySide-by-side rent & cost of living with any city
📋CO Tenant RightsDeposit limits, eviction laws & renters protections