ZIP Code · CO

ZIP 80631

Part of Greeley, CO

Pop. 53,722·Weld County·161st most expensive ZIP in Colorado

Median rent (all units)

$1,297/mo

Year-over-Year

+1.4%

Month-over-Month

+0.1%

vs US Median

-$635

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 80631 · $1,297

More affordable than 86% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,030

1 BR

$1,090

2 BR

$1,380

3 BR

$1,930

4 BR+

$2,290

Research median

$1,380/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

Cheapest month to sign

November. Asking rents in ZIP 80631 usually run 1.7% below trend in November and 1.4% above it in May, about $40 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 80631 is 1.1% below its high of $1,312 in May 2026, at $1,297 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80631 changed +1.4% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Since before the pandemic

Rent in ZIP 80631 is 32.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($54,591) is $1,365 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,090); a 2-bedroom is $1,380.

From Zillow's monthly rent index (ZORI) for ZIP 80631. 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

$15,564/yr

At $1,297/mo median

Location

CityGreeley

StateCO

CountyWeld County

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 (+1.4% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 80631 (Greeley, CO) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 18.5% of residents hold a bachelor's degree or higher.

Population

53,722

Median income

$54,591

Median age

28.7

Renters

53.3%

Age distribution

25%

36.4%

20.6%

Under 1825%

18–3436.4%

35–5420.6%

55–648.4%

65+9.6%

Gender

51.5%

48.5%

Male51.5%

Female48.5%

Race & ethnicity

62.3%

53.9%

White62.3%

Black4.4%

Hispanic53.9%

Asian1.1%

Education (25+)

26.2%

27.2%

28.1%

18.5%

No HS diploma26.2%

HS diploma27.2%

Some college28.1%

Bachelor's+18.5%

Housing tenure

46.7%

53.3%

Owner46.7%

Renter53.3%

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

2021 vs 2026

How ZIP 80631 in Greeley, CO has changed in 5 years

Rent

$1,018 → $1,297

up 27.4%

Income

$45,518 → $54,591

up 19.9%

Population

55,089 → 53,722

down 2.5%

Renter share

53% → 53.3%

+0.3 pts

Bachelor's+

17.7% → 18.5%

+0.8 pts

Median age

27.9 → 28.7

+0.8 yrs

Rent in ZIP 80631 in Greeley, CO has increased 27.4% since 2021, going from about $1,018 per month to roughly $1,297 today. Household income in the area moved from $45,518 to $54,591 across the same window, up 19.9% versus 2021. Rent outpaced income growth by roughly 7.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 55,089 to 53,722 between 2021 and 2024, a 2.5% change. Reading these numbers side by side helps frame whether current listings in ZIP 80631 in Greeley, CO look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 80631

Last updated: October 17, 2026

ZIP code 80631 covers Greeley, CO. The median rent here is $1,297/mo as of October 2026. A 1-bedroom rents for a median of $1,090/mo. A 2-bedroom rents for a median of $1,380/mo.

At 29% of local median household income ($54,591/yr), ZIP 80631 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80631?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,297/mo in ZIP 80631. The local median household income is $54,591/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80631?

Rent in ZIP 80631 has risen 1.4% over the past year as of September 2026. It sits 1.1% below its high of $1,312 in May 2026.

When is the cheapest time to rent in ZIP 80631?

Asking rents in ZIP 80631 are usually lowest in November, about 1.7% below their yearly trend, and highest in May, about 1.4% above it. At today's median that is a gap of roughly $40 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 80631 compare to other ZIPs in Colorado?

ZIP 80631 is one of the more affordable among Colorado ZIP codes for rent, ranking #161 of 168 at $1,297/mo. Over the year to September 2026, rent in ZIP 80631 changed +1.4%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.