How much rent can you afford in Aspen, CO?
Run your salary against Aspen's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Aspen
At a median rent of $24,733/mo, Aspen is expensive when measured against Aspen median household income of $74,033/yr. Rent would consume roughly 401% of pre-tax income, and a salary of about $989,320 keeps rent at the recommended 30% threshold.
How Aspen compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Aspen?
On a $74,033 salary (the Aspen median household income), the recommended ceiling is 30% of pre-tax income, or about $1,851/mo. Aspen's median rent is $24,733/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Aspen?
To keep Aspen's $24,733/mo median rent under 30% of income, you'd need about $989,320/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Aspen affordable on the median Colorado income?
Aspen is expensive on a $74,033 income. Rent would take 401% of pre-tax pay, outside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".