RentDataNowRentDataNow
City Report · CO

Morrison

Pop. 412·20th most expensive in Colorado·Rental market data updated monthly for Morrison, CO
Median rent (all units)
$2,419/mo
Year-over-Year
Stable
Month-over-Month
+11.4%
vs US Median
+$454
Rising (Monthly)
Be the first to discuss Morrison rents ↓
Most AffordableMost Expensive
Morrison · $2,419
More expensive than 77% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,419/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$97,000/yr
Local median income
$122,083/yr
Based on the 30%-of-income rule using Morrison's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,180
2 BR
$2,610
3 BR
$3,410
4 BR+
$3,810
Research median
$2,610/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$29,028/yr
At $2,419/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +11.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Morrison, CO is majority owner-occupied, has a large retiree population, has a median income above the national average, 50.4% of residents hold a bachelor's degree or higher.

Population
412
Median income
$122,083
Median age
59.4
Renters
26.3%
Age distribution
23.1%
23.5%
37.6%
Under 185.3%
18–3410.4%
35–5423.1%
55–6423.5%
65+37.6%
Gender
44.4%
55.6%
Male44.4%
Female55.6%
Race & ethnicity
88.8%
White88.8%
Black5.1%
Hispanic4.6%
Other1.5%
Education (25+)
23.3%
17.3%
50.4%
No HS diploma8.9%
HS diploma23.3%
Some college17.3%
Bachelor's+50.4%
Housing tenure
73.7%
26.3%
Owner73.7%
Renter26.3%

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

2021 vs 2026

How Morrison, CO has changed in 5 years

Income
$120,313 → $122,083
up 1.5%
Population
398 → 412
up 3.5%
Renter share
34.7% → 26.3%
-8.4 pts
Bachelor's+
38% → 50.4%
+12.4 pts
Median age
60 → 59.4
-0.6 yrs

Census figures show median household income at $122,083 today, compared with $120,313 five years earlier. The population has grown by 3.5% since 2021, moving from about 398 residents to roughly 412. Renters now make up 26.3% of households, compared with 34.7% five years ago. College-educated residents now make up 50.4% of adults here, versus 38% in 2021.

Community

Discussions about Morrison

No discussions yet. Start the conversation.

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

Can you afford rent in Morrison on your salary?

At $2,419/mo, how Morrison rent compares to typical pay (30% rule).

By apartment size

Morrison rent by bedroom count

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

Local insights

Tips for renters in Morrison

About renting in Morrison, CO

Last updated: July 20, 2026

The median rent in Morrison is $2,419/mo as of July 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,610/mo. One-bedroom apartments average $2,180/mo and 3-bedroom units go for $3,410/mo.

At 24% of local median household income ($122,083/yr), Morrison ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Morrison an affordable city for renters?

Morrison is considered very affordable for renters. At $2,419/mo, rent takes approximately 24% of the local median household income ($122,083/yr). The standard benchmark is 30%. Morrison falls comfortably within that range.

How much income do you need to rent in Morrison?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,419/mo in Morrison. The local median household income is $122,083/yr, meaning the typical Morrison household meets that threshold.

Is rent going up or down in Morrison?

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

How does Morrison rent compare to other cities in Colorado?

Morrison is one of the pricier cities in Colorado for rent, ranking #20 out of 66 tracked cities at $2,419/mo.

Which nearby cities are cheaper to rent in than Morrison?

Several nearby cities have lower median rents than Morrison ($2,419/mo): Dakota Ridge ($1,727/mo), Lakewood ($1,814/mo), Wheat Ridge ($2,014/mo).

What percentage of Morrison residents rent vs. own?

According to Census data, approximately 26.3% of Morrison households are renters, while 73.7% are owner-occupied. Morrison leans toward homeownership, which can mean a smaller rental inventory.

How does Morrison rent compare to the national average?

Morrison's median rent of $2,419/mo is $454 (23%) above the US national median of $1,965/mo. Within Colorado, it ranks #20 out of 66 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $2,419/mo, rent takes ~24% of Morrison's median household income ($122,083/yr). The standard benchmark is 30%.

Morrison 24%Benchmark 30%
State income tax4.4%
Run the Morrison affordability calculator →
Lowest-rent ZIP codes in Morrison
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Morrison, CO

Recent submissions

Be the first to submit your rent for Morrison.

Recent discussions

No discussions yet.