City Report · CO

Granby

Pop. 2,270·33rd most expensive in Colorado·Rental market data updated monthly for Granby, CO
Median rent (all units)
$2,050/mo
Year-over-Year
Stable
Month-over-Month
+0.1%
vs US Median
+$118
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Granby · $2,050
More expensive than 63% of US cities · National median $1,932/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $2,050/mo, rent takes about 34% of the local median household income, slightly above the 30% benchmark.

Income to afford
$82,000/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
Fair Market Rent (HUD)
$1,370/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,050 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($72,926) is $1,823 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,650); a 4-bedroom is $2,300.

From Zillow's monthly rent index (ZORI) for Granby. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$24,600/yr
At $2,050/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.1% MoM), not inventory.
Rent check

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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 $2,050/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: October 17, 2026

The median rent in Granby is $2,050/mo as of October 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 34% of local median household income ($72,926/yr), Granby ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

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 $82,000/year (about $39/hour full-time) to afford the median rent of $2,050/mo in Granby. The local median household income is $72,926/yr, so the typical household falls short of that bar.

Is rent going up or down in Granby?

Rent in Granby has been roughly flat over the past year, a 0.0% change.

How does Granby rent compare to other cities in Colorado?

Granby is in the middle among Colorado cities for rent, ranking #33 of 68 tracked cities at $2,050/mo.
Income Affordability
34%
MODERATE

At $2,050/mo, rent takes ~34% of Granby's median household income ($72,926/yr). The standard benchmark is 30%.

Granby 34%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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