Larimer County, Colorado Housing Market Prices
Larimer County 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 10% above the Colorado median More expensive than 73% of counties in Colorado$530,686
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Median rent 3% below the Colorado median More expensive than 78% of counties in Colorado$1,715
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Larimer County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $530,686 | $484,034 | $248,835 |
| Price Trend (Annual %) | 9.8% | 10.4% | 7.5% |
| Median Gross Rent | $1,715 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Larimer County is about 10% higher than in Colorado. Rent is about 3% 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 Larimer County, up about 9.8% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Larimer County rose about 65.8% between 2015 and 2024, from $1,035 to $1,715. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 5.7 yearly household incomes in Larimer County.
Buying the median-priced home in Larimer County costs roughly 25.8 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 Larimer County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Larimer County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $530,686 | $484,034 | $248,835 |
| Median Household Income | $93,803 | $95,803 | $80,455 |
| Price-to-Income Ratio | 5.7 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Larimer County rose about 144.4%, while median household income rose about 64.4% 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 | Larimer County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.0% | 60.7% | 58.5% |
| Rental Rate | 33.7% | 31.0% | 31.2% |
| Vacancy Rate | 6.4% | 8.3% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Larimer County has a homeownership rate of 60.0%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 6.4%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Larimer County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1991 | 1985 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Larimer County was built around 1991. On average, 2.3 people live in a home with about 6.0 rooms, staying for about 12.0 years on average.
Larimer County, CO Housing Compared With Nearby Counties
Larimer County, CO is the largest of the 4 counties compared here, 367,243 residents against a local median of 76,305. The measure that sets Larimer County, CO apart most is median home price: $530,686, 23% below the local median of $685,833.
The counties themselves spread $184,396 on median home price, so Larimer County, CO sits at one end of an already wide local range rather than apart from it. Larimer County, CO has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Larimer County, CO | 367,243 | $530,686 #4/4 | $1,715 #3/4 | 64.0% #2/4 |
| Boulder County, CO | 328,961 | $602,884 | $1,965 | 62.0% |
| Broomfield County, CO | 76,305 | $685,833 | $2,126 | 62.7% |
| Grand County, CO | 15,895 | $787,281 | $1,492 | 73.4% |
Frequently Asked Questions
Common questions about the housing market in Larimer County, Colorado.
What is the median home price in Larimer County, Colorado?
The median home price in Larimer County, Colorado is $530,686, higher than the Colorado average of $484,034.
What is the average home price in Larimer County, Colorado?
The typical home price in Larimer County, Colorado, reported as the median sale price, is $530,686. 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 Larimer County, Colorado?
The median gross rent in Larimer County, Colorado is $1,715 per month, lower than the Colorado average of $1,761.
What was the median gross rent in Larimer County in 2020?
In 2020, the median gross rent in Larimer County, Colorado was $1,340 per month.
What is the price-to-rent ratio in Larimer County, Colorado?
The price-to-rent ratio in Larimer County, Colorado is about 25.8, meaning it would take roughly 25.8 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 Larimer County.
Are home prices or rent rising faster in Larimer County, Colorado?
Both home prices and rent are rising in Larimer County, up about 9.8% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Larimer County, Colorado?
60.0% of households in Larimer County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Larimer County, Colorado?
The housing vacancy rate in Larimer County, Colorado is 6.4%, lower than the Colorado average of 8.3%.
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