At $3,336/mo, rent takes about 38% of the local median household income, slightly above the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $3,336 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Steamboat Springs changed +7.5% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
Rent rose in 7 of the last 12 months.
30% of the median household income ($104,964) is $2,624 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,450); a 4-bedroom is $3,250.
From Zillow's monthly rent index (ZORI) for Steamboat Springs. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Steamboat Springs, CO is majority owner-occupied, has a median income above the national average, 62.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Steamboat Springs, CO has changed in 5 years
On the earnings side, the typical household in Steamboat Springs, CO now reports about $104,964, up from $80,660 in 2021. Headcount in the area went from 13,193 to 13,433 between 2021 and 2024, a 1.8% change. About 32.8% of households rent today, against 28.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 55.6% to 62.2%.
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Can you afford rent in Steamboat Springs on your salary?
At $3,336/mo, how Steamboat Springs rent compares to typical pay (30% rule).
Steamboat Springs rent by bedroom count
Median rent for each apartment size in Steamboat Springs. Click any size for full breakdown.
Tips for renters in Steamboat Springs
Last updated: October 17, 2026
The median rent in Steamboat Springs is $3,336/mo as of October 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,030/mo. One-bedroom apartments average $1,740/mo and 3-bedroom units go for $2,450/mo.
At 38% of local median household income ($104,964/yr), Steamboat Springs ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.5% over the past year.
Frequently asked questions
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Is rent going up or down in Steamboat Springs?
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Which nearby cities are cheaper to rent in than Steamboat Springs?
At $3,336/mo, rent takes ~38% of Steamboat Springs's median household income ($104,964/yr). The standard benchmark is 30%.
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