Research / Rent vs. buy / Colorado / Fort Collins

Rent or buy in Fort Collins?
Renting is $1,937 a month cheaper.

Renting the typical home in Fort Collins costs $1,937 less a month than owning it. Even counting equity and price growth, buying does not come out ahead of renting and investing the difference within 30 years under our baseline assumptions.

Updated September 26, 2026 · Zillow data for August 2026 · 7.03% mortgage rate (Freddie Mac, September 24, 2026) · Rank 259 of 340 (1 = owning closest to renting) · Part of our 2026 rent vs. buy study

Monthly cost to own$3,897typical home, 20% down
Typical monthly rent$1,960Zillow, August 2026
Buying breaks even30+ years3.5% price growth
Cash needed to buy$128,844$560,192 home · 20% down + 3% closing
Income needed to own$155,894vs. $78,400 to rent · 30% rule

Where the monthly money goes.

The first-month cost of owning the typical Fort Collins home, split into its parts, against the typical rent. About $365 of the first mortgage payment is principal, which you keep as equity.

The median household income in Fort Collins is $85,070 (Census ACS 2020–2024). Owning the typical home would take 55% of it; renting would take 28%.

As a check with a larger rental, HUD's FY2027 Fair Market Rent for a three-bedroom home in the Fort Collins-Loveland, CO MSA area is $2,379 a month, still $1,518 below the cost of owning.

  • Mortgage principal & interest $2,991
  • Property tax $232
  • Home insurance $208
  • Maintenance $467

How long you would need to stay.

Net worth of a buyer compared with a renter who invests the down payment, closing costs and any monthly savings at 6% a year. Home values and rents grow 3.5% a year; selling costs 6%.

Change the assumptions

Buying vs. renting in Fort Collins, by years in the home
StayResult
3 yearsRenting ahead by $78,260
5 yearsRenting ahead by $99,444
7 yearsRenting ahead by $122,989
10 yearsRenting ahead by $163,279
15 yearsRenting ahead by $246,103
20 yearsRenting ahead by $353,146
30 yearsRenting ahead by $667,273

Rent or buy elsewhere in Colorado.

Other large Colorado cities in the study.

All cities
DenverRenting $1,760/mo cheaperColorado SpringsRenting $1,336/mo cheaperAuroraRenting $1,441/mo cheaperLakewoodRenting $2,063/mo cheaperThorntonRenting $1,596/mo cheaperArvadaRenting $2,022/mo cheaperWestminsterRenting $1,712/mo cheaperPuebloRenting $728/mo cheaper

More on Fort Collins

See the full Fort Collins rental market profile with Census medians, or check how a typical rental performs for an investor in our cash-flow ranking.

How we calculated this

Price is the Zillow Home Value Index and rent the Zillow Observed Rent Index for Fort Collins. The cost of owning includes principal and interest at 7.03% with 20% down, property tax at the city's 0.50% effective rate (Census ACS), the Colorado average homeowners premium (NAIC 2023) and 1% yearly maintenance. It leaves out income-tax effects, HOA dues and utilities. The typical rental may be smaller than the typical home for sale. Full methodology. This is a citywide estimate, not advice about a specific home.