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City Report · CO

Firestone

Pop. 18,049·29th most expensive in Colorado·Rents have been falling, good time to negotiate
Median rent (all units)
$2,131/mo
Year-over-Year
Stable
Month-over-Month
-10.1%
vs US Median
+$169
Falling (Monthly)
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Most AffordableMost Expensive
Firestone · $2,131
More expensive than 66% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,131/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$85,000/yr
Local median income
$120,150/yr
Based on the 30%-of-income rule using Firestone's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$1,652
2 BR
$1,929
3 BR
$2,356
Fair Market Rent (HUD)
$1,929/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,131 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: August 17, 2026

Annual cost
$25,572/yr
At $2,131/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -10.1% MoM), not inventory.
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Demographics

Who lives here

Firestone, CO is majority owner-occupied, has a median income above the national average, 37.8% of residents hold a bachelor's degree or higher.

Population
18,049
Median income
$120,150
Median age
35.9
Renters
18.7%
Age distribution
24.3%
24%
30.6%
Under 1824.3%
18–3424%
35–5430.6%
55–6410.1%
65+11%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
70.3%
25%
White70.3%
Black1.2%
Hispanic25%
Asian4.9%
Education (25+)
17.2%
37.5%
37.8%
No HS diploma7.4%
HS diploma17.2%
Some college37.5%
Bachelor's+37.8%
Housing tenure
81.3%
18.7%
Owner81.3%
Renter18.7%

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

2021 vs 2026

How Firestone, CO has changed in 5 years

Income
$102,165 → $120,150
up 17.6%
Population
15,949 → 18,049
up 13.2%
Renter share
15.5% → 18.7%
+3.2 pts
Bachelor's+
28.8% → 37.8%
+9.0 pts
Median age
34.7 → 35.9
+1.2 yrs

Census figures show median household income at $120,150 today, compared with $102,165 five years earlier. The population has grown by 13.2% since 2021, moving from about 15,949 residents to roughly 18,049. Renters now make up 18.7% of households, compared with 15.5% five years ago. College-educated residents now make up 37.8% of adults here, versus 28.8% in 2021.

Community

Discussions about Firestone

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

Can you afford rent in Firestone on your salary?

At $2,131/mo, how Firestone rent compares to typical pay (30% rule).

By apartment size

Firestone rent by bedroom count

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

Local insights

Tips for renters in Firestone

About renting in Firestone, CO

Last updated: August 17, 2026

The median rent in Firestone is $2,131/mo as of August 2026. a 2-bedroom runs $1,929/mo. One-bedroom apartments average $1,652/mo and 3-bedroom units go for $2,356/mo.

At 21% of local median household income ($120,150/yr), Firestone ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Firestone an affordable city for renters?

Firestone is considered very affordable for renters. At $2,131/mo, rent takes approximately 21% of the local median household income ($120,150/yr). The standard benchmark is 30%. Firestone falls comfortably within that range.

How much income do you need to rent in Firestone?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,131/mo in Firestone. The local median household income is $120,150/yr, meaning the typical Firestone household meets that threshold.

Is rent going up or down in Firestone?

Rent in Firestone has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Firestone rent compare to other cities in Colorado?

Firestone is middle-of-the-pack for Colorado for rent, ranking #29 out of 67 tracked cities at $2,131/mo.

Which nearby cities are cheaper to rent in than Firestone?

Several nearby cities have lower median rents than Firestone ($2,131/mo): Longmont ($1,922/mo), Johnstown ($2,094/mo).

What percentage of Firestone residents rent vs. own?

According to Census data, approximately 18.7% of Firestone households are renters, while 81.3% are owner-occupied. Firestone leans toward homeownership, which can mean a smaller rental inventory.

How does Firestone rent compare to the national average?

Firestone's median rent of $2,131/mo is $169 (9%) above the US national median of $1,962/mo. Within Colorado, it ranks #29 out of 67 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,131/mo, rent takes ~21% of Firestone's median household income ($120,150/yr). The standard benchmark is 30%.

Firestone 21%Benchmark 30%
State income tax4.4%
Run the Firestone affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Firestone, CO

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