ZIP Code · CO

ZIP 80487

Part of Steamboat Springs, CO

Pop. 18,525·Routt County·6th most expensive ZIP in Colorado

Median rent (all units)

$3,336/mo

Year-over-Year

+7.4%

Month-over-Month

+0.7%

vs US Median

+$1,404

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 80487 · $3,336

More expensive than 94% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Colorado

Rent in ZIP 80487 changed +7.4% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($109,659) is $2,741 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,550); a 4-bedroom is $3,340.

From Zillow's monthly rent index (ZORI) for ZIP 80487. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$40,032/yr

At $3,336/mo median

Location

CitySteamboat Springs

StateCO

CountyRoutt County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.4% YoY, +0.7% 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.

Community

Discussions about ZIP 80487

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Local insights

Tips for renters in ZIP 80487

About renting in ZIP 80487

Last updated: October 17, 2026

ZIP code 80487 covers Steamboat Springs, CO. The median rent here is $3,336/mo as of October 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,130/mo.

At 37% of local median household income ($109,659/yr), ZIP 80487 ranks as moderate compared to the national benchmark of 30%. Rents have increased 7.4% over the past year.

FAQ

Frequently asked questions

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 $133,000/year (about $64/hour full-time) to afford the median rent of $3,336/mo in ZIP 80487. The local median household income is $109,659/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 80487?

Rent in ZIP 80487 has risen 7.4% over the past year.

How does ZIP 80487 compare to other ZIPs in Colorado?

ZIP 80487 is one of the pricier among Colorado ZIP codes for rent, ranking #6 of 168 at $3,336/mo. Over the year to September 2026, rent in ZIP 80487 changed +7.4%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.