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City Report · CO

Granby

Pop. 2,270·4th most expensive in Colorado·One of the pricier rental markets in the US
Median rent (all units)
$3,317/mo
Year-over-Year
Stable
Month-over-Month
+2.9%
vs US Median
+$1,352
Rising (Monthly)
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Most AffordableMost Expensive
Granby · $3,317
More expensive than 94% of US cities · National median $1,965/mo
Affordability
55% of income
EXPENSIVE
0%30% benchmark60%+

At $3,317/mo, rent takes about 55% of the local median household income, well above the 30% benchmark.

Income to afford
$133,000/yr
Local median income
$72,926/yr
Based on the 30%-of-income rule using Granby's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,060
1 BR
$1,240
2 BR
$1,370
3 BR
$1,650
4 BR+
$2,300
Research median
$1,370/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
$39,804/yr
At $3,317/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.9% MoM), not inventory.
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Demographics

Who lives here

Granby, CO is majority owner-occupied, 52.3% of residents hold a bachelor's degree or higher.

Population
2,270
Median income
$72,926
Median age
36
Renters
35.3%
Age distribution
18.3%
28.5%
32.2%
Under 1818.3%
18–3428.5%
35–5432.2%
55–649.4%
65+11.5%
Gender
57.3%
42.7%
Male57.3%
Female42.7%
Race & ethnicity
85.6%
White85.6%
Hispanic3.9%
Other10.5%
Education (25+)
27.7%
18.2%
52.3%
No HS diploma1.7%
HS diploma27.7%
Some college18.2%
Bachelor's+52.3%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

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

2021 vs 2026

How Granby, CO has changed in 5 years

Income
$65,000 → $72,926
up 12.2%
Population
2,229 → 2,270
up 1.8%
Renter share
28.8% → 35.3%
+6.5 pts
Bachelor's+
40.5% → 52.3%
+11.8 pts
Median age
46.8 → 36
-10.8 yrs

On the earnings side, the typical household in Granby, CO now reports about $72,926, up from $65,000 in 2021. Headcount in the area went from 2,229 to 2,270 between 2021 and 2024, a 1.8% change. About 35.3% of households rent today, against 28.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.5% to 52.3%.

Community

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

Can you afford rent in Granby on your salary?

At $3,317/mo, how Granby rent compares to typical pay (30% rule).

By apartment size

Granby rent by bedroom count

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

Local insights

Tips for renters in Granby

About renting in Granby, CO

Last updated: July 20, 2026

The median rent in Granby is $3,317/mo as of July 2026. A studio apartment averages $1,060/mo while a 2-bedroom runs $1,370/mo. One-bedroom apartments average $1,240/mo and 3-bedroom units go for $1,650/mo.

At 55% of local median household income ($72,926/yr), Granby ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Granby an affordable city for renters?

Granby is considered expensive for renters. At $3,317/mo, rent takes approximately 55% of the local median household income ($72,926/yr). The standard benchmark is 30%. Granby significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Granby?

To keep rent at or below 30% of gross income, you would need to earn at least $133,000/year (~$64/hour full-time) to afford the median rent of $3,317/mo in Granby. The local median household income is $72,926/yr, meaning the typical Granby household falls short of that threshold.

Is rent going up or down in Granby?

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

How does Granby rent compare to other cities in Colorado?

Granby is one of the pricier cities in Colorado for rent, ranking #4 out of 66 tracked cities at $3,317/mo.

Which nearby cities are cheaper to rent in than Granby?

Several nearby cities have lower median rents than Granby ($3,317/mo): Golden ($2,295/mo), Boulder ($2,439/mo), Evergreen ($3,026/mo).

What percentage of Granby residents rent vs. own?

According to Census data, approximately 35.3% of Granby households are renters, while 64.7% are owner-occupied. Granby leans toward homeownership, which can mean a smaller rental inventory.

How does Granby rent compare to the national average?

Granby's median rent of $3,317/mo is $1,352 (69%) above the US national median of $1,965/mo. Within Colorado, it ranks #4 out of 66 tracked cities.
Income Affordability
55%
EXPENSIVE

At $3,317/mo, rent takes ~55% of Granby's median household income ($72,926/yr). The standard benchmark is 30%.

Granby 55%Benchmark 30%
State income tax4.4%
Run the Granby affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Granby, CO

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