Cost of Living in Saguache County, Colorado

$746/mo
Median Monthly Rent
$200,000
Median Home Value

At a Glance

Median Monthly Rent
$746/mo
40% below state average
Median Home Value
$200,000
29% below 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 Saguache County Compares

Median monthly rent comparison

Saguache County$746/mo
Colorado Average$1,253/mo
National Median$1,163/mo

Detailed Housing Stats

$746/mo
Median Gross Rent
$200,000
Median Home Value
$675/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Saguache County ranks #773 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Saguache County, Colorado

Saguache County Offers Exceptional Value

Saguache County residents spend just 16.5% of income on rent—well below both the state average (20.2%) and national norms—with monthly costs of $746. Despite having Colorado's lowest median household income at $54,283, families here enjoy one of the state's most affordable housing markets.

Rural Colorado at Its Most Affordable

Saguache County ranks third statewide for affordability, delivering genuine housing relief to residents earning the least. The $746 rent and $200,000 median home value reflect a true rural community where housing costs remain proportional to local incomes.

Saguache Beats Rio Grande Slightly

Saguache's $746 rent matches Rio Grande County's affordability level, though with slightly lower home values ($200K vs. $215K). Both counties compete as the region's budget champions, with Saguache appealing to those seeking maximum cost reduction in the San Luis Valley.

Housing Takes Just 16.5% of Income

With a median household income of $54,283, Saguache residents allocate 16.5% to rent and 14.9% to ownership—exceptionally low ratios. The remarkable gap between rent ($746) and ownership ($675) means homeownership is actually cheaper, making the county accessible for first-time buyers.

Saguache: Lowest-Cost Colorado Living

Saguache County delivers Colorado's most affordable housing combined with authentic mountain-valley living—rents under $750 and ownership under $700 monthly. Retirees, remote workers, and those priced out of mainstream markets should seriously compare Saguache's exceptional value proposition.

Cost of Living Advisory: Saguache County

Affordability Verdict

Housing in Saguache County is affordable. The median rent is $746/month against a median household income of $54,283, putting rent at 16.5% of income.

Rent vs. Own

The median rent in Saguache County is $746/month, while owner costs run $675/month. Owning saves approximately $71/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,840/year. For owner costs at the 28% rule, the required income is roughly $28,929/year. With a median household income of $54,283, most households can comfortably afford rent here. Notably, 27.0% of renter households in Saguache County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Bent County where rent averages $854/month, Saguache County is approximately 13% less expensive.

Affordability Calculator

See how your income compares to housing costs in Saguache County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$1,267

per month

Owner Cost Burden

14.9%

of gross income

The median home in Saguache County may be a stretch

Median home value is $200,000. Estimated monthly cost: $1,597 vs. your max of $1,267.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,283Needed: $29,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,283Needed: $28,929
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,283Needed: $46,545

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Saguache County, Colorado?
Saguache County, Colorado has a median monthly rent of $746/mo and a median home value of $200,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Saguache County?
The median gross rent in Saguache County is $746/mo. This is 40% below state average for Colorado.
Is Saguache County affordable?
Saguache 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 Saguache County's rent compare to the state average?
Saguache County's median rent of $746/mo is 40% below state average of $1,253/mo for Colorado.
What is the median home value in Saguache County?
The median home value in Saguache County, Colorado is $200,000. This is 29% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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