Fort Collins, Colorado Housing Market Prices
Fort Collins Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 13% below the Colorado median$422,093
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Median rent 5% below the Colorado median$1,679
Housing Market Overview
| Metric | Fort Collins | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $422,093 | $484,034 | $248,835 |
| Price Trend (Annual %) | 11.4% | 10.4% | 7.5% |
| Median Gross Rent | $1,679 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 5.3% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Fort Collins is about 13% lower than in Colorado. Rent is about 5% lower than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Fort Collins, up about 11.4% and 5.3% a year respectively. Home prices are changing faster.
Median rent in Fort Collins rose about 57.2% between 2015 and 2024, from $1,068 to $1,679. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Fort Collins.
Buying the median-priced home in Fort Collins costs roughly 20.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Fort Collins. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Fort Collins | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $422,093 | $484,034 | $248,835 |
| Median Household Income | $82,571 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.1 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Fort Collins rose about 116.7%, while median household income rose about 74.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Fort Collins | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.4% | 60.7% | 58.5% |
| Rental Rate | 47.9% | 31.0% | 31.2% |
| Vacancy Rate | 3.7% | 8.3% | 10.2% |
| Median Tenure (years) | 10.0 | 13.0 | 15.0 |
| Median Year Moved In | 2016 | 2013 | 2011 |
Fort Collins has a homeownership rate of 48.4%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 3.7%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Fort Collins | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.21 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1989 | 1985 | 1978 |
| Median Number of Rooms | 5.6 | 5.7 | 5.5 |
The typical housing unit in Fort Collins was built around 1989. On average, 2.2 people live in a home with about 5.6 rooms, staying for about 10.0 years on average.
Fort Collins, CO Housing Compared With Nearby Cities
How Fort Collins, CO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Fort Collins, CO | 155,858 | $422,093 #2/2 | $1,679 #2/2 | 50.2% #2/2 |
| Windsor, CO | 24,053 | $429,503 | $1,796 | 74.8% |
Frequently Asked Questions
Common questions about the housing market in Fort Collins, Colorado.
What is the median home price in Fort Collins, Colorado?
The median home price in Fort Collins, Colorado is $422,093, lower than the Colorado average of $484,034.
What is the average home price in Fort Collins, Colorado?
The typical home price in Fort Collins, Colorado, reported as the median sale price, is $422,093. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Fort Collins, Colorado?
The median gross rent in Fort Collins, Colorado is $1,679 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Fort Collins in 2020?
In 2020, the median gross rent in Fort Collins, Colorado was $1,356 per month.
What is the price-to-rent ratio in Fort Collins, Colorado?
The price-to-rent ratio in Fort Collins, Colorado is about 20.9, meaning it would take roughly 20.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Fort Collins.
Are home prices or rent rising faster in Fort Collins, Colorado?
Both home prices and rent are rising in Fort Collins, up about 11.4% and 5.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Fort Collins, Colorado?
48.4% of households in Fort Collins, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Fort Collins, Colorado?
The housing vacancy rate in Fort Collins, Colorado is 3.7%, lower than the Colorado average of 8.3%.
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