City Report · CO

Durango

Pop. 19,411·39th most expensive in Colorado·Rental market data updated monthly for Durango, CO
Median rent (all units)
$1,997/mo
Year-over-Year
-0.3%
Month-over-Month
-3.0%
vs US Median
+$32
Falling (Monthly)
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Most AffordableMost Expensive
Durango · $1,997
More expensive than 59% of US cities · National median $1,965/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 9% below what Durango's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,997/mo
Expected by trend
$2,182/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
Research median
$1,670/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,964/yr
At $1,997/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-0.3% YoY, -3.0% MoM), not inventory.
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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
$1,591 → $1,997
up 25.5%
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 $1,591 to $1,997, a 25.5% 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

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

Can you afford rent in Durango on your salary?

At $1,997/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: July 20, 2026

The median rent in Durango is $1,997/mo as of July 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 decreased 0.3% over the past year.

FAQ

Frequently asked questions

Is Durango an affordable city for renters?

Durango is considered moderate for renters. At $1,997/mo, rent takes approximately 30% of the local median household income ($78,602/yr). The standard benchmark is 30%. Durango slightly exceeds that threshold, so budgeting carefully matters here.

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 $80,000/year (~$38/hour full-time) to afford the median rent of $1,997/mo in Durango. The local median household income is $78,602/yr, meaning the typical Durango household falls short of that threshold.

Is rent going up or down in Durango?

Rent in Durango has been relatively stable over the past year, with a 0.3% change year over year as of July 2026.

How does Durango rent compare to other cities in Colorado?

Durango is middle-of-the-pack for Colorado for rent, ranking #39 out of 66 tracked cities at $1,997/mo.

Which nearby cities are cheaper to rent in than Durango?

Several nearby cities have lower median rents than Durango ($1,997/mo): Farmington ($1,341/mo), Cortez ($1,567/mo).

What percentage of Durango residents rent vs. own?

According to Census data, approximately 47% of Durango households are renters, while 53% are owner-occupied. Durango leans toward homeownership, which can mean a smaller rental inventory.

How does Durango rent compare to the national average?

Durango's median rent of $1,997/mo is $32 (2%) above the US national median of $1,965/mo. Within Colorado, it ranks #39 out of 66 tracked cities.
Income Affordability
30%
MODERATE

At $1,997/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Durango, CO

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