Colorado
Ranked #39 of 51 for housing affordability
35Crisis
Median Home Price
🏠$540K
7x income
Median Rent
🔑$2K
33.8% rent-burdened
Median Income
💰$77K
Population: 5,877,610
Homeownership
🏡65.2%
14,439 experiencing homelessness
Housing Shortage
📉140,000
units needed
Building Permits (2024)
🔨38,000
Price-to-Income
📊7x
Severe Rent Burden
⚠️15.9%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Colorado
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Denver | 30 | $580K | $2K | $83K | 33.5% |
| Colorado Springs | 38 | $440K | $2K | $70K | 32.0% |
| Boulder | 22 | $720K | $2K | $86K | 34.0% |
Housing Policies
just cause eviction (some cities)transit-oriented development incentivesland use reform (HB 1152)