City Report · CO

Pueblo

Pop. 111,561·65th most expensive in Colorado·One of the most affordable rental markets in the US
Median rent (all units)
$1,323/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$609
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Pueblo · $1,323
More affordable than 86% of US cities · National median $1,932/mo
Rent Reality Score
74/100
Good value
OverheatedFairGreat value

Rents are 12% below what Pueblo's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,323/mo
Expected by trend
$1,501/mo
The Rent Reality Score compares today's median rent to where Pueblo's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$912
1 BR
$1,013
2 BR
$1,330
3 BR
$1,718
4 BR+
$1,892
Fair Market Rent (HUD)
$1,330/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,323 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

Cheapest month to sign

February. Asking rents in Pueblo usually run 0.7% below trend in February and 1% above it in August, about $22 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Pueblo is 1.1% below its high of $1,338 in January 2026, at $1,323 as of September 2026.

Past year vs. the rest of Colorado

Rent in Pueblo changed 0.0% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Pueblo rose 40.5% while median household income rose 40.1% ($40,450 to $56,664). Rent outpaced income.

Since before the pandemic

Rent in Pueblo is 38.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($56,664) is $1,417 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,330); a 3-bedroom is $1,718.

Spread across ZIP codes

The priciest of 6 ZIP codes in Pueblo, 81007 ($1,906/mo), costs 1.7 times the cheapest, 81004 ($1,123/mo).

From Zillow's monthly rent index (ZORI) for Pueblo. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,876/yr
At $1,323/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.
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Demographics

Who lives here

Pueblo, CO is majority owner-occupied, has a median income below the national average, 23.7% of residents hold a bachelor's degree or higher.

Population
111,561
Median income
$56,664
Median age
38.4
Renters
38.6%
Age distribution
21.6%
23.8%
23.5%
19.2%
Under 1821.6%
18–3423.8%
35–5423.5%
55–6411.8%
65+19.2%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
67.4%
48.3%
White67.4%
Black2.9%
Hispanic48.3%
Asian0.9%
Education (25+)
31.8%
33.9%
23.7%
No HS diploma10.6%
HS diploma31.8%
Some college33.9%
Bachelor's+23.7%
Housing tenure
61.4%
38.6%
Owner61.4%
Renter38.6%

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

2021 vs 2026

How Pueblo, CO has changed in 5 years

Rent
$1,066 → $1,323
up 24.1%
Income
$46,766 → $56,664
up 21.2%
Population
111,424 → 111,561
up 0.1%
Renter share
42% → 38.6%
-3.4 pts
Bachelor's+
21.2% → 23.7%
+2.5 pts

The median rent in Pueblo, CO stood at $1,066 in 2021 and currently runs about $1,323, reflecting a 24.1% increase over the period. Household income in the area moved from $46,766 to $56,664 across the same window, up 21.2% versus 2021. Renters now make up 38.6% of households, compared with 42% five years ago. College-educated residents now make up 23.7% of adults here, versus 21.2% in 2021. Reading these numbers side by side helps frame whether current listings in Pueblo, CO look reasonable against where the market sat half a decade ago.

Community

Discussions about Pueblo

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

Can you afford rent in Pueblo on your salary?

At $1,323/mo, how Pueblo rent compares to typical pay (30% rule).

By apartment size

Pueblo rent by bedroom count

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

Local insights

Tips for renters in Pueblo

About renting in Pueblo, CO

Last updated: October 17, 2026

The median rent in Pueblo is $1,323/mo as of October 2026. A studio apartment averages $912/mo while a 2-bedroom runs $1,330/mo. One-bedroom apartments average $1,013/mo and 3-bedroom units go for $1,718/mo.

At 28% of local median household income ($56,664/yr), Pueblo ranks as affordable 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 Pueblo?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,323/mo in Pueblo. The local median household income is $56,664/yr, so the typical household meets that bar.

Is rent going up or down in Pueblo?

Rent in Pueblo has been roughly flat over the past year as of September 2026, a 0.0% change. It sits 1.1% below its high of $1,338 in January 2026.

When is the cheapest time to rent in Pueblo?

Asking rents in Pueblo are usually lowest in February, about 0.7% below their yearly trend, and highest in August, about 1% above it. At today's median that is a gap of roughly $22 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Pueblo?

Yes. From 2019 to 2024, rent in Pueblo rose 40.5% while median household income rose 40.1%, from $40,450 to $56,664. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Pueblo neighborhoods have the lowest rent?

The most affordable ZIP codes in Pueblo are 81004 ($1,123/mo), 81001 ($1,226/mo), and 81005 ($1,232/mo). Citywide, the median rent is $1,323/mo.

How does Pueblo rent compare to other cities in Colorado?

Pueblo is one of the more affordable among Colorado cities for rent, ranking #65 of 68 tracked cities at $1,323/mo. Over the year to September 2026, rent in Pueblo changed 0.0%, against a typical +1.4% across the 60 Colorado cities Zillow tracks.
Income Affordability
28%
AFFORDABLE

At $1,323/mo, rent takes ~28% of Pueblo's median household income ($56,664/yr). The standard benchmark is 30%.

Pueblo 28%Benchmark 30%
State income tax4.4%
Run the Pueblo affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pueblo, CO

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