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ZIP Code · CO

ZIP 81504

Pop. 32,376·Mesa County·88th most expensive ZIP in Colorado
Median rent (all units)
$1,980/mo
Year-over-Year
+9.2%
Month-over-Month
-0.9%
vs US Median
+$15
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 81504 · $1,980
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,170
2 BR
$1,480
3 BR
$2,060
4 BR+
$2,480
Research median
$1,480/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
$23,760/yr
At $1,980/mo median
Location
StateCO
CountyMesa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.2% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 81504 (Grand Junction, CO) is majority owner-occupied, 23.9% of residents hold a bachelor's degree or higher.

Population
32,376
Median income
$70,958
Median age
36.6
Renters
21.2%
Age distribution
25%
23.2%
23.7%
16.3%
Under 1825%
18–3423.2%
35–5423.7%
55–6411.8%
65+16.3%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
73.7%
23.3%
White73.7%
Hispanic23.3%
Asian1.3%
Other1.4%
Education (25+)
32%
34.4%
23.9%
No HS diploma9.7%
HS diploma32%
Some college34.4%
Bachelor's+23.9%
Housing tenure
78.8%
21.2%
Owner78.8%
Renter21.2%

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

2021 vs 2026

How ZIP 81504 in Grand Junction, CO has changed in 5 years

Income
$58,308 → $70,958
up 21.7%
Population
31,094 → 32,376
up 4.1%
Renter share
23.3% → 21.2%
-2.1 pts
Bachelor's+
17.7% → 23.9%
+6.2 pts
Median age
37.7 → 36.6
-1.1 yrs

Household income in the area moved from $58,308 to $70,958 across the same window, up 21.7% versus 2021. The population has grown by 4.1% since 2021, moving from about 31,094 residents to roughly 32,376. Renters now make up 21.2% of households, compared with 23.3% five years ago. College-educated residents now make up 23.9% of adults here, versus 17.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 81504

About renting in ZIP 81504

Last updated: July 20, 2026

ZIP code 81504 covers Grand Junction, CO. The median rent here is $1,980/mo as of July 2026. A 1-bedroom rents for a median of $1,170/mo. A 2-bedroom rents for a median of $1,480/mo.

At 33% of local median household income ($70,958/yr), ZIP 81504 ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 81504?

As of July 20, 2026, the median monthly rent in ZIP 81504 (Grand Junction, CO) is $1,980. This is based on aggregated data from public sources and community submissions.

How does ZIP 81504 rent compare to the US average?

ZIP 81504's median rent of $1,980/mo is $15 (1%) above the US national median of $1,965/mo.

How does ZIP 81504 compare to other ZIPs in Colorado?

ZIP 81504 falls in the middle range for Colorado, ranking #88 out of 166 ZIPs at $1,980/mo.

How much income do you need to rent in ZIP 81504?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,980/mo in ZIP 81504. The local median household income is $70,958/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 81504?

Rent in ZIP 81504 has increased 9.2% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 81504 an affordable place to rent?

ZIP 81504 is considered moderate for renters. At $1,980/mo, rent takes approximately 33% of the local median household income ($70,958/yr). The standard benchmark is 30%. ZIP 81504 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 81504 residents rent vs. own?

According to Census data, approximately 21.2% of ZIP 81504 households are renters, while 78.8% are owner-occupied. ZIP 81504 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 81504 compare to the rest of Grand Junction?

ZIP 81504 is pricier than Grand Junction as a whole. At $1,980/mo, it's $212 above the Grand Junction citywide median of $1,768/mo.

When was rent data for ZIP 81504 last updated?

Rent data for ZIP 81504 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,980/mo, rent takes ~33% of ZIP 81504's median household income ($70,958/yr). The standard benchmark is 30%.

ZIP 81504 33%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 81504 (Grand Junction, CO)

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