Rent vs. Buy in Clear Creek County, CO

Should you rent or buy in Clear Creek County? Here are the numbers.

Median Home Price

$506,900

Median Rent

$1,201/mo

Price-to-Rent Ratio

35.2x

Homeownership Rate

80.0%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$2,563
Property Tax$165
Insurance$169

Total Monthly$2,897

Renting

Monthly Rent$1,201
Renter's Insurance$25

Total Monthly$1,226

In Clear Creek County, buying costs approximately $1,696/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Clear Creek County, Colorado

Clear Creek County in Colorado has a median household income of $87,169 and an effective property tax rate of 0.4%. With a price-to-rent ratio of 35.2x, renting may be more cost-effective in the short term.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Colorado

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.