ZIP Code · CO

ZIP 81623

Pop. 15,067·Garfield County·3rd most expensive ZIP in Colorado
Median rent (all units)
$4,001/mo
Year-over-Year
Stable
Month-over-Month
+1.9%
vs US Median
+$2,069
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 81623 · $4,001
More expensive than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,690
1 BR
$1,770
2 BR
$2,290
3 BR
$3,060
4 BR+
$3,480
Research median
$2,290/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

What a typical income covers

30% of the median household income ($109,661) is $2,742 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,290); a 3-bedroom is $3,060.

From Zillow's monthly rent index (ZORI) for ZIP 81623. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$48,012/yr
At $4,001/mo median
Location
StateCO
CountyGarfield County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 81623 (Carbondale, CO) is majority owner-occupied, has a large retiree population, has a median income above the national average, 52.6% of residents hold a bachelor's degree or higher.

Population
15,067
Median income
$109,661
Median age
44.6
Renters
30.6%
Age distribution
17.7%
17.7%
31.2%
12.9%
20.5%
Under 1817.7%
18–3417.7%
35–5431.2%
55–6412.9%
65+20.5%
Gender
52.8%
47.2%
Male52.8%
Female47.2%
Race & ethnicity
77.4%
23.1%
White77.4%
Black1.5%
Hispanic23.1%
Asian0.9%
Education (25+)
26.6%
52.6%
No HS diploma10.3%
HS diploma10.6%
Some college26.6%
Bachelor's+52.6%
Housing tenure
69.4%
30.6%
Owner69.4%
Renter30.6%

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

2021 vs 2026

How ZIP 81623 in Carbondale, CO has changed in 5 years

Income
$95,929 → $109,661
up 14.3%
Population
16,520 → 15,067
down 8.8%
Renter share
33.6% → 30.6%
-3.0 pts
Bachelor's+
46.4% → 52.6%
+6.2 pts
Median age
41.4 → 44.6
+3.2 yrs

Local incomes tracked alongside that move, going from a median of $95,929 in 2021 to $109,661 more recently. Census counts show ZIP 81623 in Carbondale, CO losing about 1,453 residents over the five-year window, down 8.8% on net. The renter share has eased from 33.6% to 30.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.4% to 52.6% across the same window.

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Local insights

Tips for renters in ZIP 81623

About renting in ZIP 81623

Last updated: October 17, 2026

ZIP code 81623 covers Carbondale, CO. The median rent here is $4,001/mo as of October 2026. A 1-bedroom rents for a median of $1,770/mo. A 2-bedroom rents for a median of $2,290/mo.

At 44% of local median household income ($109,661/yr), ZIP 81623 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 81623?

To keep rent at or below 30% of gross income, you would need to earn at least $160,000/year (about $77/hour full-time) to afford the median rent of $4,001/mo in ZIP 81623. The local median household income is $109,661/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 81623?

Rent in ZIP 81623 has been roughly flat over the past year, a 0.0% change.

How does ZIP 81623 compare to other ZIPs in Colorado?

ZIP 81623 is one of the pricier among Colorado ZIP codes for rent, ranking #3 of 168 at $4,001/mo.

How does ZIP 81623 compare to the rest of Carbondale?

At $4,001/mo, ZIP 81623 is $149 below the Carbondale citywide median of $4,150/mo.
Income Affordability
44%
STRETCHED

At $4,001/mo, rent takes ~44% of ZIP 81623's median household income ($109,661/yr). The standard benchmark is 30%.

ZIP 81623 44%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 81623 (Carbondale, CO)

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