Old Town Fort Collins

Living here

Cost of living in Fort Collins

Housing is much more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,661/mo

23% above US

Median home value

$548,400

81% above US

Median household income

$83,598

6% above US

Rent as share of income

24%

US 21%

Home price to income

6.6×

US 3.9×

Sales tax

8.3%

Rent by number of bedrooms

Studio$1,551a month
1 bedroom$1,589a month
2 bedrooms$1,759a month
3 bedrooms$2,379a month
4 bedrooms$2,576a month

HUD 2027 fair market rents for Fort Collins-Loveland, CO MSA (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

What renters actually pay in Fort Collins, by bedroom →

How Fort Collins compares

Median monthly rent
Median home value

Taxes

Life in Fort Collins

4605 S. Ziegler Rd., Preston Farm, Fort Collins (front of building)
4605 S. Ziegler Rd., Preston Farm, Fort Collins (front of building)Suellen0829 · CC BY-SA 4.0
Northern Hotel and John Atencio, Fort Collins
Northern Hotel and John Atencio, 2020-04-20Xnatedawgx · CC BY-SA 4.0
The Botanical and Horticultural Laboratory on the Colorado State University main campus in Fort Collins, Colorado
Botanical and Horticultural LaboratoryJeffrey · CC BY-SA 3.0

Questions

Is Fort Collins expensive to live in?

Housing in Fort Collins is much more expensive than the national average: median rent is $1,661 (23% above US) and the median home value is $548,400 (81% above US).

How much is rent in Fort Collins?

The median gross rent is $1,661 a month. HUD’s 2027 fair market rents for the area are studio $1,551, 1 bedroom $1,589, 2 bedrooms $1,759, 3 bedrooms $2,379, 4 bedrooms $2,576.

How much of their income do renters spend in Fort Collins?

At the median, a year’s rent ($19,932) equals about 24% of the median household income ($83,598); nationally it’s about 21%.

What are taxes like in Fort Collins?

Sales tax is 8.3% and property taxes run about 0.50% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Colorado DOR, DR 1002 Colorado Sales/Use Tax Rates, July 2026 edition.

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