At $2,538/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,538 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Glenwood Springs changed -2.9% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
Rent rose in 5 of the last 12 months.
30% of the median household income ($91,481) is $2,287 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,270); a 4-bedroom is $2,500.
From Zillow's monthly rent index (ZORI) for Glenwood Springs. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Glenwood Springs, CO is roughly split between renters and owners, has a median income above the national average, 36.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Glenwood Springs, CO has changed in 5 years
Local incomes tracked alongside that move, going from a median of $69,728 in 2021 to $91,481 more recently. The population has grown by 2.2% since 2021, moving from about 10,017 residents to roughly 10,241. Renters now make up 45.3% of households, compared with 47.6% five years ago. College-educated residents now make up 36.3% of adults here, versus 41% in 2021.
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Can you afford rent in Glenwood Springs on your salary?
At $2,538/mo, how Glenwood Springs rent compares to typical pay (30% rule).
Glenwood Springs rent by bedroom count
Median rent for each apartment size in Glenwood Springs. Click any size for full breakdown.
Tips for renters in Glenwood Springs
Last updated: October 17, 2026
The median rent in Glenwood Springs is $2,538/mo as of October 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,620/mo. One-bedroom apartments average $1,230/mo and 3-bedroom units go for $2,270/mo.
At 33% of local median household income ($91,481/yr), Glenwood Springs ranks as moderate compared to the national benchmark of 30%. Rents have decreased 2.9% over the past year.
Frequently asked questions
How much income do you need to rent in Glenwood Springs?
Is rent going up or down in Glenwood Springs?
How does Glenwood Springs rent compare to other cities in Colorado?
At $2,538/mo, rent takes ~33% of Glenwood Springs's median household income ($91,481/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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