How much does it cost to rent in Aspen, CO?

As of July 2026, the median monthly rent in Aspen, CO is $24,733. This figure is based on aggregated data from public sources and community-submitted rents.

Is Aspen cheaper than other Colorado cities?

Aspen is one of the pricier cities in Colorado, ranking #1 out of 66 cities tracked at $24,733/mo.

When was Aspen rent data last updated?

Aspen rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CO

Aspen

Name: Average Rent Prices in Aspen, CO
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 6,756·1st most expensive in Colorado·Aspen rents are up 71.1% over the past year

Median rent (all units)

$24,733/mo

Year-over-Year

+71.1%

Month-over-Month

+10.7%

vs US Median

+$22,768

Rising (Monthly)

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Most AffordableMost Expensive

Aspen · $24,733

More expensive than 100% of US cities · National median $1,965/mo

Affordability

401% of income

EXPENSIVE

0%30% benchmark60%+

At $24,733/mo, rent takes about 401% of the local median household income, well above the 30% benchmark.

Income to afford

$989,000/yr

Local median income

$74,033/yr

Based on the 30%-of-income rule using Aspen's median rent and household income. See the full affordability breakdown →

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$296,796/yr

At $24,733/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 71.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+71.1% YoY, +10.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Aspen, CO is majority owner-occupied, 69.6% of residents hold a bachelor's degree or higher.

Population

6,756

Median income

$74,033

Median age

43.7

Renters

42.9%

Age distribution

26.2%

32.7%

14%

17.4%

Under 189.7%

18–3426.2%

35–5432.7%

55–6414%

65+17.4%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

83.9%

13.4%

White83.9%

Black1.4%

Hispanic13.4%

Asian1.8%

Education (25+)

20.2%

69.6%

No HS diploma1.2%

HS diploma9%

Some college20.2%

Bachelor's+69.6%

Housing tenure

57.1%

42.9%

Owner57.1%

Renter42.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Aspen, CO has changed in 5 years

Income

$89,625 → $74,033

down 17.4%

Population

7,019 → 6,756

down 3.7%

Renter share

40% → 42.9%

+2.9 pts

Bachelor's+

65% → 69.6%

+4.6 pts

Median age

41.2 → 43.7

+2.5 yrs

Local incomes tracked alongside that move, going from a median of $89,625 in 2021 to $74,033 more recently. Census counts show Aspen, CO losing about 263 residents over the five-year window, down 3.7% on net. The renter share has risen from 40% to 42.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 65% to 69.6% across the same window.

Community

Discussions about Aspen

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View Aspen rent history (2015–2026) →

Salary vs rent

Can you afford rent in Aspen on your salary?

At $24,733/mo, how Aspen rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 218.2% income

severely rent-burdened

Elementary School Teacher

Avg $70,434/yr · Rent = 307.4% income

severely rent-burdened

Police Officer

Avg $81,134/yr · Rent = 266.8% income

severely rent-burdened

Software Developer

Avg $145,016/yr · Rent = 149.3% income

severely rent-burdened

Lawyer

Avg $185,294/yr · Rent = 116.8% income

severely rent-burdened

Firefighter

Avg $65,951/yr · Rent = 328.3% income

severely rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 363.6% income

severely rent-burdened

Electrician

Avg $73,395/yr · Rent = 295% income

severely rent-burdened

By apartment size

Aspen rent by bedroom count

Median rent for each apartment size in Aspen. Click any size for full breakdown.

Local insights

Tips for renters in Aspen

About renting in Aspen, CO

Last updated: July 20, 2026

The median rent in Aspen is $24,733/mo as of July 2026.

At 401% of local median household income ($74,033/yr), Aspen ranks as expensive compared to the national benchmark of 30%. Rents have increased 71.1% over the past year.

FAQ

Frequently asked questions

Is Aspen an affordable city for renters?

Aspen is considered expensive for renters. At $24,733/mo, rent takes approximately 401% of the local median household income ($74,033/yr). The standard benchmark is 30%. Aspen significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Aspen?

To keep rent at or below 30% of gross income, you would need to earn at least $989,000/year (~$475/hour full-time) to afford the median rent of $24,733/mo in Aspen. The local median household income is $74,033/yr, meaning the typical Aspen household falls short of that threshold.

Is rent going up or down in Aspen?

Rent in Aspen has increased 71.1% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Aspen rent compare to other cities in Colorado?

Aspen is one of the pricier cities in Colorado for rent, ranking #1 out of 66 tracked cities at $24,733/mo.

Which nearby cities are cheaper to rent in than Aspen?

Several nearby cities have lower median rents than Aspen ($24,733/mo): Eagle ($2,732/mo), Silverthorne ($3,377/mo), Vail ($3,635/mo).

What percentage of Aspen residents rent vs. own?

According to Census data, approximately 42.9% of Aspen households are renters, while 57.1% are owner-occupied. Aspen leans toward homeownership, which can mean a smaller rental inventory.

How does Aspen rent compare to the national average?

Aspen's median rent of $24,733/mo is $22,768 (1159%) above the US national median of $1,965/mo. Within Colorado, it ranks #1 out of 66 tracked cities.

Income Affordability

401%

EXPENSIVE

At $24,733/mo, rent takes ~401% of Aspen's median household income ($74,033/yr). The standard benchmark is 30%.

Aspen 401%Benchmark 30%

State income tax4.4%

Run the Aspen affordability calculator →

Nearby cities