Cost of Living in Ouray County, Colorado

$1,398/mo
Median Monthly Rent
$670,100
Median Home Value
12% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,398/mo
12% above state average
Median Home Value
$670,100
138% above national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Ouray County Compares

Median monthly rent comparison

Ouray County$1,398/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$1,398/mo
Median Gross Rent
$670,100
Median Home Value
$950/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Ouray County, Colorado

Ouray commands premium for high earners

Ouray County renters spend 19.8% of income on housing—just below the national average despite rents significantly above the national norm. The median household income of $84,556 is 13% above the U.S. average, reflecting a high-income mountain community where professional wages offset elevated costs.

Mountain premium meets high wages

Ouray County's rent-to-income ratio of 19.8% sits slightly below Colorado's state average of 20.2%, despite median rents of $1,398—12% above the state median. This apparent paradox reflects Ouray's status as a high-earner enclave where incomes substantially outpace state norms.

Highest rents, highest incomes

Ouray's $1,398 monthly rent is the highest in our sample—39% above Montrose ($1,120) and 56% above Mineral ($903)—yet its $84,556 median income also tops all peers except Park County. This premium market attracts affluent professionals willing to pay for mountain living and outdoor amenities.

Steep costs, compensated by wages

Renters pay $1,398/month while homeowners spend $950 on median homes valued at $670,100—revealing a market where ownership dramatically undercuts renting. At $84,556 income, housing represents 16-20% of monthly earnings, sustainable only for high-wage earners or asset-rich buyers.

Premium mountain living for professionals

Ouray County suits high-income remote workers or professionals seeking alpine living with above-average wages to match above-average costs. Compare this against Montrose County (lower rents, similar ownership value) or Park County (higher incomes, even steeper rents) based on your income and lifestyle priorities.

Affordability Calculator

See how your income compares to housing costs in Ouray County

$

Rent Burden

19.8%

of gross income

Max Housing (28% Rule)

$1,973

per month

Owner Cost Burden

13.5%

of gross income

The median home in Ouray County may be a stretch

Median home value is $670,100. Estimated monthly cost: $5,350 vs. your max of $1,973.

Rent Affordability Guide

Your rent-to-income ratio19.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Ouray County, Colorado?
Ouray County, Colorado has a median monthly rent of $1,398/mo and a median home value of $670,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Ouray County?
The median gross rent in Ouray County is $1,398/mo. This is 12% above state average for Colorado.
Is Ouray County affordable?
Ouray County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Ouray County's rent compare to the state average?
Ouray County's median rent of $1,398/mo is 12% above state average of $1,253/mo for Colorado.
What is the median home value in Ouray County?
The median home value in Ouray County, Colorado is $670,100. This is 138% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.