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City Report · CO

Trinidad

Pop. 8,286·67th most expensive in Colorado·One of the most affordable rental markets in the US
Median rent (all units)
$1,216/mo
Year-over-Year
Stable
Month-over-Month
-2.7%
vs US Median
-$749
Falling (Monthly)
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Most AffordableMost Expensive
Trinidad · $1,216
More affordable than 92% of US cities · National median $1,965/mo
Affordability
28% of income
AFFORDABLE
0%30% benchmark60%+

At $1,216/mo, rent takes about 28% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$49,000/yr
Local median income
$52,273/yr
Based on the 30%-of-income rule using Trinidad's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$770
1 BR
$870
2 BR
$1,130
3 BR
$1,380
4 BR+
$1,500
Research median
$1,130/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: June 22, 2026

Annual cost
$14,592/yr
At $1,216/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -2.7% MoM), not inventory.
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Demographics

Who lives here

Trinidad, CO is majority owner-occupied, has a large retiree population, has a median income below the national average, 18.8% of residents hold a bachelor's degree or higher.

Population
8,286
Median income
$52,273
Median age
41.9
Renters
39.7%
Age distribution
19%
22.1%
24.3%
13.4%
21.2%
Under 1819%
18–3422.1%
35–5424.3%
55–6413.4%
65+21.2%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
67.7%
44.8%
White67.7%
Black1.2%
Hispanic44.8%
Asian1.9%
Education (25+)
27.8%
45.9%
18.8%
No HS diploma7.4%
HS diploma27.8%
Some college45.9%
Bachelor's+18.8%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

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

2021 vs 2026

How Trinidad, CO has changed in 5 years

Income
$40,746 → $52,273
up 28.3%
Population
8,318 → 8,286
down 0.4%
Renter share
36% → 39.7%
+3.7 pts
Bachelor's+
16% → 18.8%
+2.8 pts
Median age
43.1 → 41.9
-1.2 yrs

Household income in the area moved from $40,746 to $52,273 across the same window, up 28.3% versus 2021. About 39.7% of households rent today, against 36% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 16% to 18.8%.

Community

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

Can you afford rent in Trinidad on your salary?

At $1,216/mo, how Trinidad rent compares to typical pay (30% rule).

By apartment size

Trinidad rent by bedroom count

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

Local insights

Tips for renters in Trinidad

About renting in Trinidad, CO

Last updated: June 22, 2026

The median rent in Trinidad is $1,216/mo as of June 2026. A studio apartment averages $770/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $870/mo and 3-bedroom units go for $1,380/mo.

At 28% of local median household income ($52,273/yr), Trinidad ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Trinidad an affordable city for renters?

Trinidad is considered affordable for renters. At $1,216/mo, rent takes approximately 28% of the local median household income ($52,273/yr). The standard benchmark is 30%. Trinidad falls comfortably within that range.

How much income do you need to rent in Trinidad?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,216/mo in Trinidad. The local median household income is $52,273/yr, meaning the typical Trinidad household meets that threshold.

Is rent going up or down in Trinidad?

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

How does Trinidad rent compare to other cities in Colorado?

Trinidad is one of the more affordable cities in Colorado for rent, ranking #67 out of 68 tracked cities at $1,216/mo.

Which nearby cities are cheaper to rent in than Trinidad?

Alamosa is nearby and more affordable at $1,200/mo, which is $16 less than Trinidad.

What percentage of Trinidad residents rent vs. own?

According to Census data, approximately 39.7% of Trinidad households are renters, while 60.3% are owner-occupied. Trinidad leans toward homeownership, which can mean a smaller rental inventory.

How does Trinidad rent compare to the national average?

Trinidad's median rent of $1,216/mo is $749 (38%) below the US national median of $1,965/mo. Within Colorado, it ranks #67 out of 68 tracked cities.
Income Affordability
28%
AFFORDABLE

At $1,216/mo, rent takes ~28% of Trinidad's median household income ($52,273/yr). The standard benchmark is 30%.

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

Estimated from ZIP-level data

Schools nearby

Public schools near Trinidad, CO

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