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City Report · CO

Glenwood Springs

Pop. 10,241·16th most expensive in Colorado·Rents have been falling, good time to negotiate
Median rent (all units)
$2,468/mo
Year-over-Year
-1.5%
Month-over-Month
-1.4%
vs US Median
+$503
Falling (Monthly)
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Most AffordableMost Expensive
Glenwood Springs · $2,468
More expensive than 79% of US cities · National median $1,965/mo
Affordability
32% of income
MODERATE
0%30% benchmark60%+

At $2,468/mo, rent takes about 32% of the local median household income, slightly above the 30% benchmark.

Income to afford
$99,000/yr
Local median income
$91,481/yr
Based on the 30%-of-income rule using Glenwood Springs's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,230
1 BR
$1,230
2 BR
$1,620
3 BR
$2,270
4 BR+
$2,500
Research median
$1,620/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
$29,616/yr
At $2,468/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.5% YoY, -1.4% MoM), not inventory.
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Demographics

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.

Population
10,241
Median income
$91,481
Median age
36.3
Renters
45.3%
Age distribution
23.2%
23.7%
28.8%
13.3%
Under 1823.2%
18–3423.7%
35–5428.8%
55–6411%
65+13.3%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
58.6%
37%
White58.6%
Black1.1%
Hispanic37%
Asian0.6%
Other2.7%
Education (25+)
20.5%
32.7%
36.3%
No HS diploma10.5%
HS diploma20.5%
Some college32.7%
Bachelor's+36.3%
Housing tenure
54.7%
45.3%
Owner54.7%
Renter45.3%

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

2021 vs 2026

How Glenwood Springs, CO has changed in 5 years

Income
$69,728 → $91,481
up 31.2%
Population
10,017 → 10,241
up 2.2%
Renter share
47.6% → 45.3%
-2.3 pts
Bachelor's+
41% → 36.3%
-4.7 pts
Median age
35.8 → 36.3
+0.5 yrs

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.

Community

Discussions about Glenwood Springs

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View Glenwood Springs rent history (2015–2026) →
Salary vs rent

Can you afford rent in Glenwood Springs on your salary?

At $2,468/mo, how Glenwood Springs rent compares to typical pay (30% rule).

By apartment size

Glenwood Springs rent by bedroom count

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

Local insights

Tips for renters in Glenwood Springs

About renting in Glenwood Springs, CO

Last updated: July 20, 2026

The median rent in Glenwood Springs is $2,468/mo as of July 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 32% of local median household income ($91,481/yr), Glenwood Springs ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.5% over the past year.

FAQ

Frequently asked questions

Is Glenwood Springs an affordable city for renters?

Glenwood Springs is considered moderate for renters. At $2,468/mo, rent takes approximately 32% of the local median household income ($91,481/yr). The standard benchmark is 30%. Glenwood Springs slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Glenwood Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $99,000/year (~$48/hour full-time) to afford the median rent of $2,468/mo in Glenwood Springs. The local median household income is $91,481/yr, meaning the typical Glenwood Springs household falls short of that threshold.

Is rent going up or down in Glenwood Springs?

Rent in Glenwood Springs has decreased 1.5% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Glenwood Springs rent compare to other cities in Colorado?

Glenwood Springs is one of the pricier cities in Colorado for rent, ranking #16 out of 66 tracked cities at $2,468/mo.

What percentage of Glenwood Springs residents rent vs. own?

According to Census data, approximately 45.3% of Glenwood Springs households are renters, while 54.7% are owner-occupied. Glenwood Springs leans toward homeownership, which can mean a smaller rental inventory.

How does Glenwood Springs rent compare to the national average?

Glenwood Springs's median rent of $2,468/mo is $503 (26%) above the US national median of $1,965/mo. Within Colorado, it ranks #16 out of 66 tracked cities.
Income Affordability
32%
MODERATE

At $2,468/mo, rent takes ~32% of Glenwood Springs's median household income ($91,481/yr). The standard benchmark is 30%.

Glenwood Springs 32%Benchmark 30%
State income tax4.4%
Run the Glenwood Springs affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Glenwood Springs, CO

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