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ZIP Code · CO

ZIP 80487

Pop. 18,525·Routt County·2nd most expensive ZIP in Colorado
Median rent (all units)
$3,552/mo
Year-over-Year
+46.3%
Month-over-Month
+4.4%
vs US Median
+$1,587
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 80487 · $3,552
More expensive than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,940
2 BR
$2,130
3 BR
$2,550
4 BR+
$3,340
Research median
$2,130/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: July 20, 2026

Annual cost
$42,624/yr
At $3,552/mo median
Location
StateCO
CountyRoutt County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 46.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+46.3% YoY, +4.4% MoM), not inventory.
Demographics

Who lives here

ZIP 80487 (Steamboat Springs, CO) is majority owner-occupied, has a median income above the national average, 59.5% of residents hold a bachelor's degree or higher.

Population
18,525
Median income
$109,659
Median age
44.5
Renters
26.4%
Age distribution
17%
19%
30%
15%
19.1%
Under 1817%
18–3419%
35–5430%
55–6415%
65+19.1%
Gender
51.3%
48.7%
Male51.3%
Female48.7%
Race & ethnicity
79.8%
White79.8%
Hispanic8.6%
Asian0.7%
Other10.7%
Education (25+)
14.2%
24%
59.5%
No HS diploma2.3%
HS diploma14.2%
Some college24%
Bachelor's+59.5%
Housing tenure
73.6%
26.4%
Owner73.6%
Renter26.4%

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

2021 vs 2026

How ZIP 80487 in Steamboat Springs, CO has changed in 5 years

Income
$85,222 → $109,659
up 28.7%
Population
18,447 → 18,525
up 0.4%
Renter share
24.7% → 26.4%
+1.7 pts
Bachelor's+
54% → 59.5%
+5.5 pts
Median age
41.2 → 44.5
+3.3 yrs

Census figures show median household income at $109,659 today, compared with $85,222 five years earlier. The renter share has risen from 24.7% to 26.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 54% to 59.5% across the same window.

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Local insights

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About renting in ZIP 80487

Last updated: July 20, 2026

ZIP code 80487 covers Steamboat Springs, CO. The median rent here is $3,552/mo as of July 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,130/mo.

At 39% of local median household income ($109,659/yr), ZIP 80487 ranks as moderate compared to the national benchmark of 30%. Rents have increased 46.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80487?

As of July 20, 2026, the median monthly rent in ZIP 80487 (Steamboat Springs, CO) is $3,552. This is based on aggregated data from public sources and community submissions.

How does ZIP 80487 rent compare to the US average?

ZIP 80487's median rent of $3,552/mo is $1,587 (81%) above the US national median of $1,965/mo.

How does ZIP 80487 compare to other ZIPs in Colorado?

ZIP 80487 is one of the pricier ZIP codes in Colorado, ranking #2 out of 166 ZIPs tracked at $3,552/mo.

How much income do you need to rent in ZIP 80487?

To keep rent at or below 30% of gross income, you would need to earn at least $142,000/year (~$68/hour full-time) to afford the median rent of $3,552/mo in ZIP 80487. The local median household income is $109,659/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 80487?

Rent in ZIP 80487 has increased 46.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80487 an affordable place to rent?

ZIP 80487 is considered moderate for renters. At $3,552/mo, rent takes approximately 39% of the local median household income ($109,659/yr). The standard benchmark is 30%. ZIP 80487 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 80487 residents rent vs. own?

According to Census data, approximately 26.4% of ZIP 80487 households are renters, while 73.6% are owner-occupied. ZIP 80487 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 80487 compare to the rest of Steamboat Springs?

ZIP 80487 is more affordable than Steamboat Springs overall. At $3,552/mo, it's $6 below the Steamboat Springs citywide median of $3,558/mo.

When was rent data for ZIP 80487 last updated?

Rent data for ZIP 80487 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $3,552/mo, rent takes ~39% of ZIP 80487's median household income ($109,659/yr). The standard benchmark is 30%.

ZIP 80487 39%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80487 (Steamboat Springs, CO)

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