City Report · CO

Durango

Pop. 19,411·42nd most expensive in Colorado·Rental market data updated monthly for Durango, CO
Median rent (all units)
$1,940/mo
Year-over-Year
+0.7%
Month-over-Month
+0.1%
vs US Median
+$8
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Durango · $1,940
More expensive than 56% of US cities · National median $1,932/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Durango's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,940/mo
Expected by trend
$2,101/mo
The Rent Reality Score compares today's median rent to where Durango's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,260
1 BR
$1,270
2 BR
$1,670
3 BR
$2,060
4 BR+
$2,670
Fair Market Rent (HUD)
$1,670/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,940 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Durango usually run 1.4% below trend in December and 1.6% above it in August, about $58 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in Durango is at its highest level since Zillow's records here began in January 2021.

Past year vs. the rest of Colorado

Rent in Durango changed +0.7% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($78,602) is $1,965 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,670); a 3-bedroom is $2,060.

From Zillow's monthly rent index (ZORI) for Durango. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,280/yr
At $1,940/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.7% YoY, +0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Durango, CO is roughly split between renters and owners, skews toward younger working-age adults, 60.4% of residents hold a bachelor's degree or higher.

Population
19,411
Median income
$78,602
Median age
38.3
Renters
47%
Age distribution
13.7%
31.7%
25.9%
12.1%
16.7%
Under 1813.7%
18–3431.7%
35–5425.9%
55–6412.1%
65+16.7%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
81.3%
White81.3%
Black0.6%
Hispanic8.7%
Asian0.8%
Other8.6%
Education (25+)
12.4%
25.2%
60.4%
No HS diploma2%
HS diploma12.4%
Some college25.2%
Bachelor's+60.4%
Housing tenure
53%
47%
Owner53%
Renter47%

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

2021 vs 2026

How Durango, CO has changed in 5 years

Rent
$1,504 → $1,940
up 29.0%
Income
$68,550 → $78,602
up 14.7%
Population
18,953 → 19,411
up 2.4%
Renter share
42.8% → 47%
+4.2 pts
Bachelor's+
58.1% → 60.4%
+2.3 pts
Median age
36.5 → 38.3
+1.8 yrs

Since 2021, the typical rent in Durango, CO has increased from $1,504 to $1,940, a 29.0% change over five years. Median household income rose from $68,550 to $78,602 between 2021 and 2024, a 14.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.4% since 2021, moving from about 18,953 residents to roughly 19,411. Renters now make up 47% of households, compared with 42.8% five years ago. College-educated residents now make up 60.4% of adults here, versus 58.1% in 2021. Taken together, the five-year picture in Durango, CO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Durango

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View Durango rent history (2015–2026) →
Salary vs rent

Can you afford rent in Durango on your salary?

At $1,940/mo, how Durango rent compares to typical pay (30% rule).

By apartment size

Durango rent by bedroom count

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

Local insights

Tips for renters in Durango

About renting in Durango, CO

Last updated: October 17, 2026

The median rent in Durango is $1,940/mo as of October 2026. A studio apartment averages $1,260/mo while a 2-bedroom runs $1,670/mo. One-bedroom apartments average $1,270/mo and 3-bedroom units go for $2,060/mo.

At 30% of local median household income ($78,602/yr), Durango ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Durango?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,940/mo in Durango. The local median household income is $78,602/yr, so the typical household meets that bar.

Is rent going up or down in Durango?

Rent in Durango has risen 0.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2021.

When is the cheapest time to rent in Durango?

Asking rents in Durango are usually lowest in December, about 1.4% below their yearly trend, and highest in August, about 1.6% above it. At today's median that is a gap of roughly $58 a month. This pattern comes from 5 years of Zillow rent data.

How does Durango rent compare to other cities in Colorado?

Durango is in the middle among Colorado cities for rent, ranking #42 of 68 tracked cities at $1,940/mo. Over the year to September 2026, rent in Durango changed +0.7%, against a typical +1.4% across the 60 Colorado cities Zillow tracks.

Which nearby cities are cheaper to rent in than Durango?

Nearby cities with lower median rent than Durango ($1,940/mo) include Farmington ($1,535/mo), Cortez ($1,747/mo), and Montrose ($1,903/mo).
Income Affordability
30%
MODERATE

At $1,940/mo, rent takes ~30% of Durango's median household income ($78,602/yr). The standard benchmark is 30%.

Durango 30%Benchmark 30%
State income tax4.4%
Run the Durango affordability calculator →
Lowest-rent ZIP codes in Durango
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Neighborhoods

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Schools nearby

Public schools near Durango, CO

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