Chaffee County, Colorado Housing Market
In Chaffee County, Colorado, the median home value is $665,700, with a median monthly rent of $1,611. This places Chaffee County at #60 nationally out of 3134 counties by median home value, and #10 within Colorado.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $948
- Establishments: 1,221
- BLS QCEW, 2025
Housing Supply
- Single-family: 167
- Multi-family: 8
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 9,855 (avg $103,936)
- Outflow: 8,539 (avg $100,067)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Chaffee County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 81211 | 369.3 | +7.51% | 2025 |
| 2 | 81201 | 417.8 | -0.23% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Chaffee County Compares
| Metric | Chaffee County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $665,700 | $427,512 | $227,706 |
| Median Gross Rent | $1,611 | $1,302 | $968 |
| Owner Occupancy Rate | 74.1% | 71.9% | 73.3% |
| Price/Rent Ratio | 34.4 | 26.3 | 18.7 |
Market Analysis
The median home value in Chaffee County is 55.7% above the Colorado state average and 192.4% above the U.S. national average. The median rent of $1,611/month is 23.7% above the state average.
With a price-to-rent ratio of 34.4, Chaffee County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Chaffee County has an owner-occupancy rate of 74.1%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Broomfield County | Colorado | $664,500 | $2,126 |
| Gallatin County | Montana | $667,600 | $1,694 |
| Westchester County | New York | $663,200 | $1,951 |
| Hood River County | Oregon | $660,000 | $1,417 |
| Valley County | Idaho | $657,000 | $1,117 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Broomfield County | $664,500 | $2,126 | 62.7% |
| Jefferson County | $637,600 | $1,861 | 70.7% |
| Gunnison County | $621,800 | $1,252 | 66.8% |
| Elbert County | $709,800 | $1,311 | 95.0% |
| Douglas County | $713,600 | $2,193 | 77.4% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).