States › Colorado › Castle Rock

Is Castle Rock, CO expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,20426% higher than U.S. average
💵 Families earn per year (2026)$156,595about $13,050/month · 80% higher than U.S. average
🔑 House price$652,90096% higher than U.S. average

Rent is higher than in 76% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 4.2 years of household income. Most homes (78.8%) are owned, so rentals can be hard to find. It is a highly educated city: 55.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $88,160 a year. That is $42 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

No. Rent here is more expensive than in most of Colorado. It is number 67 of 112 cities from cheapest to most expensive.

Castle Rock
$2,204
$1,975
$2,105
$2,332

How much do households earn in Castle Rock?

Under $25k
4.5%
$25k–50k
10.2%
$50k–100k
27.6%
$100k–150k
26.1%
$150k+
30.0%

Share of households by yearly income. 56.0% of households earn $100,000 or more.

Rent by apartment size in Castle Rock

SizeCastle RockU.S. average
Studio$1,866$1,338
1 bedroom$1,806$1,324
2 bedrooms$2,124$1,509
3 bedrooms$2,531$1,698
4 bedrooms$3,225$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Castle Rock overall?

Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).

Housing
127
Goods (food, clothes…)
99
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Castle Rock, so the Colorado figure is shown.

Taxes and bills in Castle Rock

🏛️ Property tax$3,635a year · 0.56% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Castle Rock

Commute to work28.6 minU.S.: 26.4 min
College degree55.9%U.S.: 35.7%
Own their home78.8%U.S.: 65.2%
Below poverty line3.8%U.S.: 12.5%
Unemployment4.4%U.S.: 5.2%

Is it cheaper to rent or buy in Castle Rock?

Renting is cheaper right now: about $2,326 a month less.

Renting
$2,204
Owning
$4,530

Owning assumes a typical $652,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $65,290 for the down payment.

Frequently asked questions

What is the average rent in Castle Rock, CO?

Renting in Castle Rock costs a median of about $2,204 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Castle Rock?

To keep rent under 30% of income, you need about $88,160 a year, or $42 an hour at a full-time job.

Is Castle Rock cheap or expensive?

Castle Rock is rated Cheap: rent takes 16.9% of the typical household income of $156,595. It ranks 67th cheapest of 112 Colorado cities we track.

How much are property taxes in Castle Rock?

The median homeowner in Castle Rock pays $3,635 a year in property taxes, about 0.56% of the median home value.

Is Castle Rock more expensive than the national average?

Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Castle Rock?

The median home value in Castle Rock is $652,900, about 4.2 times the typical yearly household income.

79,123 people live in Castle Rock. Numbers are typical (middle) values.