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

As of August 2026, the median monthly rent in Durango, CO is $1,982. This figure is based on aggregated data from public sources and community-submitted rents.

Is Durango cheaper than other Colorado cities?

Durango falls in the middle range for Colorado, ranking #40 out of 67 cities at $1,982/mo.

When was Durango rent data last updated?

Durango rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Durango a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Durango is currently a renter's market. Rents are softening (down 1.0% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

What is the Fair Market Rent in Durango, CO?

HUD sets the Fair Market Rent for a two-bedroom home in Durango, CO at $1,670 per month, which is 16% below the $1,982 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · CO

Durango

Name: Average Rent Prices in Durango, CO
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 19,411·40th most expensive in Colorado·Rental market data updated monthly for Durango, CO

Median rent (all units)

$1,982/mo

Year-over-Year

-1.0%

Month-over-Month

-0.8%

vs US Median

+$20

Falling (Monthly)

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Most AffordableMost Expensive

Durango · $1,982

More expensive than 58% of US cities · National median $1,962/mo

Rent Reality Score

69/100

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

$1,982/mo

Expected by trend

$2,184/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 $1,982 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

Loading…

Last updated: August 17, 2026

Annual cost

$23,784/yr

At $1,982/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 1.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-1.0% YoY, -0.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

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 → $1,982

up 24.6%

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 $1,982, a 24.6% 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 $1,982/mo, how Durango rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 24% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 33.8% income

stretched

Police Officer

Avg $81,134/yr · Rent = 29.3% income

affordable

Software Developer

Avg $145,016/yr · Rent = 16.4% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 12.8% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 36.1% income

stretched

Truck Driver

Avg $59,546/yr · Rent = 39.9% income

stretched

Electrician

Avg $73,395/yr · Rent = 32.4% income

stretched

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: August 17, 2026

The median rent in Durango is $1,982/mo as of August 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 1.0% over the past year.

FAQ

Frequently asked questions

Is Durango an affordable city for renters?

Durango is considered moderate for renters. At $1,982/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 $79,000/year (~$38/hour full-time) to afford the median rent of $1,982/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 decreased 1.0% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Durango rent compare to other cities in Colorado?

Durango is middle-of-the-pack for Colorado for rent, ranking #40 out of 67 tracked cities at $1,982/mo.

Which nearby cities are cheaper to rent in than Durango?

Several nearby cities have lower median rents than Durango ($1,982/mo): Farmington ($1,304/mo), Cortez ($1,746/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.