Rent vs. Buy in Eagle County, CO

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

Median Home Price

$728,400

Median Rent

$1,868/mo

Price-to-Rent Ratio

32.5x

Homeownership Rate

68.6%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$3,683
Property Tax$243
Insurance$243

Total Monthly$4,169

Renting

Monthly Rent$1,868
Renter's Insurance$25

Total Monthly$1,893

In Eagle County, buying costs approximately $2,301/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Eagle County, Colorado

Eagle County in Colorado has a median household income of $98,887 and an effective property tax rate of 0.4%. With a price-to-rent ratio of 32.5x, 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.