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ZIP Code · CO

ZIP 81505

Pop. 13,279·Mesa County·97th most expensive ZIP in Colorado
Median rent (all units)
$1,938/mo
Year-over-Year
+5.4%
Month-over-Month
-1.0%
vs US Median
-$27
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 81505 · $1,938
More expensive than 57% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,240
2 BR
$1,570
3 BR
$2,180
4 BR+
$2,630
Research median
$1,570/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
$23,256/yr
At $1,938/mo median
Location
StateCO
CountyMesa County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.4% YoY, -1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 81505 (Grand Junction, CO) is majority owner-occupied, has a median income above the national average, 42.9% of residents hold a bachelor's degree or higher.

Population
13,279
Median income
$90,830
Median age
41.2
Renters
28.8%
Age distribution
20.1%
20.9%
28.8%
18.7%
Under 1820.1%
18–3420.9%
35–5428.8%
55–6411.5%
65+18.7%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
79%
16.6%
White79%
Black1%
Hispanic16.6%
Asian0.9%
Other2.5%
Education (25+)
18.9%
35.3%
42.9%
No HS diploma2.9%
HS diploma18.9%
Some college35.3%
Bachelor's+42.9%
Housing tenure
71.2%
28.8%
Owner71.2%
Renter28.8%

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

2021 vs 2026

How ZIP 81505 in Grand Junction, CO has changed in 5 years

Income
$79,117 → $90,830
up 14.8%
Population
12,009 → 13,279
up 10.6%
Renter share
28.2% → 28.8%
+0.6 pts
Bachelor's+
40.1% → 42.9%
+2.8 pts
Median age
39.8 → 41.2
+1.4 yrs

Census figures show median household income at $90,830 today, compared with $79,117 five years earlier. Census counts show ZIP 81505 in Grand Junction, CO adding about 1,270 residents over the five-year window, up 10.6% on net. Bachelor's-degree-or-higher attainment moved from 40.1% to 42.9% across the same window.

Community

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Local insights

Tips for renters in ZIP 81505

About renting in ZIP 81505

Last updated: July 20, 2026

ZIP code 81505 covers Grand Junction, CO. The median rent here is $1,938/mo as of July 2026. A 1-bedroom rents for a median of $1,240/mo. A 2-bedroom rents for a median of $1,570/mo.

At 26% of local median household income ($90,830/yr), ZIP 81505 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 81505?

As of July 20, 2026, the median monthly rent in ZIP 81505 (Grand Junction, CO) is $1,938. This is based on aggregated data from public sources and community submissions.

How does ZIP 81505 rent compare to the US average?

ZIP 81505's median rent of $1,938/mo is $27 (1%) below the US national median of $1,965/mo.

How does ZIP 81505 compare to other ZIPs in Colorado?

ZIP 81505 falls in the middle range for Colorado, ranking #97 out of 166 ZIPs at $1,938/mo.

How much income do you need to rent in ZIP 81505?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,938/mo in ZIP 81505. The local median household income is $90,830/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 81505?

Rent in ZIP 81505 has increased 5.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 81505 an affordable place to rent?

ZIP 81505 is considered affordable for renters. At $1,938/mo, rent takes approximately 26% of the local median household income ($90,830/yr). The standard benchmark is 30%. ZIP 81505 falls comfortably within that range.

What percentage of ZIP 81505 residents rent vs. own?

According to Census data, approximately 28.8% of ZIP 81505 households are renters, while 71.2% are owner-occupied. ZIP 81505 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 81505 compare to the rest of Grand Junction?

ZIP 81505 is pricier than Grand Junction as a whole. At $1,938/mo, it's $170 above the Grand Junction citywide median of $1,768/mo.

When was rent data for ZIP 81505 last updated?

Rent data for ZIP 81505 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,938/mo, rent takes ~26% of ZIP 81505's median household income ($90,830/yr). The standard benchmark is 30%.

ZIP 81505 26%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 81505 (Grand Junction, CO)

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