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

As of August 2026, the median monthly rent in Evergreen, CO is $2,942. This figure is based on aggregated data from public sources and community-submitted rents.

Is Evergreen cheaper than other Colorado cities?

Evergreen is one of the pricier cities in Colorado, ranking #8 out of 67 cities tracked at $2,942/mo.

When was Evergreen rent data last updated?

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

What is the Fair Market Rent in Evergreen, CO?

HUD sets the Fair Market Rent for a two-bedroom home in Evergreen, CO at $2,430 per month, which is 17% below the $2,942 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

Evergreen

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

Pop. 8,602·8th most expensive in Colorado·Evergreen rents are up 22.1% over the past year

Median rent (all units)

$2,942/mo

Year-over-Year

+22.1%

Month-over-Month

-2.8%

vs US Median

+$980

Falling (Monthly)

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Most AffordableMost Expensive

Evergreen · $2,942

More expensive than 89% of US cities · National median $1,962/mo

Affordability

23% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $2,942/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$118,000/yr

Local median income

$150,417/yr

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

Medians by bedroom

Rent by unit size

Studio

$1,860

1 BR

$2,030

2 BR

$2,430

3 BR

$3,170

4 BR+

$3,550

Fair Market Rent (HUD)

$2,430/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,942 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

$35,304/yr

At $2,942/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 22.1% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+22.1% YoY, -2.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Evergreen, CO is majority owner-occupied, has a large retiree population, has a median income above the national average, 69.3% of residents hold a bachelor's degree or higher.

Population

8,602

Median income

$150,417

Median age

45.6

Renters

11.2%

Age distribution

22.3%

30.4%

13.8%

23.9%

Under 1822.3%

18–349.6%

35–5430.4%

55–6413.8%

65+23.9%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

90.4%

White90.4%

Black0.7%

Hispanic5.3%

Asian0.7%

Other2.9%

Education (25+)

19.1%

69.3%

No HS diploma2.6%

HS diploma9%

Some college19.1%

Bachelor's+69.3%

Housing tenure

88.8%

Owner88.8%

Renter11.2%

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

2022 vs 2026

How Evergreen, CO has changed in 5 years

Rent

$2,411 → $2,942

up 22.0%

Income

$133,488 → $150,417

up 12.7%

Population

9,338 → 8,602

down 7.9%

Renter share

13.9% → 11.2%

-2.7 pts

Bachelor's+

69.1% → 69.3%

+0.2 pts

Across the past five years, the going rent in Evergreen, CO has shifted from $2,411 to $2,942, up 22.0% since 2022. Median household income climbed from $133,488 to $150,417 between 2021 and 2024, a 12.7% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Evergreen, CO losing about 736 residents over the five-year window, down 7.9% on net. The renter share has eased from 13.9% to 11.2%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in Evergreen, 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 Evergreen

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View Evergreen rent history (2015–2026) →

Salary vs rent

Can you afford rent in Evergreen on your salary?

At $2,942/mo, how Evergreen rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 35.6% income

stretched

Elementary School Teacher

Avg $70,434/yr · Rent = 50.1% income

severely rent-burdened

Police Officer

Avg $81,134/yr · Rent = 43.5% income

rent-burdened

Software Developer

Avg $145,016/yr · Rent = 24.3% income

affordable

Lawyer

Avg $185,294/yr · Rent = 19.1% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 53.5% income

severely rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 59.3% income

severely rent-burdened

Electrician

Avg $73,395/yr · Rent = 48.1% income

rent-burdened

By apartment size

Evergreen rent by bedroom count

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

Local insights

Tips for renters in Evergreen

About renting in Evergreen, CO

Last updated: August 17, 2026

The median rent in Evergreen is $2,942/mo as of August 2026. A studio apartment averages $1,860/mo while a 2-bedroom runs $2,430/mo. One-bedroom apartments average $2,030/mo and 3-bedroom units go for $3,170/mo.

At 23% of local median household income ($150,417/yr), Evergreen ranks as affordable compared to the national benchmark of 30%. Rents have increased 22.1% over the past year.

FAQ

Frequently asked questions

Is Evergreen an affordable city for renters?

Evergreen is considered very affordable for renters. At $2,942/mo, rent takes approximately 23% of the local median household income ($150,417/yr). The standard benchmark is 30%. Evergreen falls comfortably within that range.

How much income do you need to rent in Evergreen?

To keep rent at or below 30% of gross income, you would need to earn at least $118,000/year (~$57/hour full-time) to afford the median rent of $2,942/mo in Evergreen. The local median household income is $150,417/yr, meaning the typical Evergreen household meets that threshold.

Is rent going up or down in Evergreen?

Rent in Evergreen has increased 22.1% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Evergreen rent compare to other cities in Colorado?

Evergreen is one of the pricier cities in Colorado for rent, ranking #8 out of 67 tracked cities at $2,942/mo.

Which nearby cities are cheaper to rent in than Evergreen?

Several nearby cities have lower median rents than Evergreen ($2,942/mo): Dakota Ridge ($1,727/mo), Lakewood ($1,803/mo), Arvada ($2,117/mo).

What percentage of Evergreen residents rent vs. own?

According to Census data, approximately 11.2% of Evergreen households are renters, while 88.8% are owner-occupied. Evergreen leans toward homeownership, which can mean a smaller rental inventory.

How does Evergreen rent compare to the national average?

Evergreen's median rent of $2,942/mo is $980 (50%) above the US national median of $1,962/mo. Within Colorado, it ranks #8 out of 67 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $2,942/mo, rent takes ~23% of Evergreen's median household income ($150,417/yr). The standard benchmark is 30%.

Evergreen 23%Benchmark 30%

State income tax4.4%

Run the Evergreen affordability calculator →

Nearby cities