States › Colorado › Derby

Is Derby, CO expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7912% higher than U.S. average
💵 Families earn per year (2026)$88,586about $7,382/month · 2% higher than U.S. average
🔑 House price$353,0006% higher than U.S. average

Rent is higher than in 57% of U.S. cities. A typical house costs about 4.0 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $71,640 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other Colorado cities?

Yes. Rent here is cheaper than in most of Colorado. It is number 31 of 112 cities from cheapest to most expensive.

Derby
$1,791
Applewood
$2,401
Evergreen
$2,077
Lochbuie
$2,575
Trinidad
$1,159
Redlands
$1,578
Milliken
$2,229

How much do households earn in Derby?

Under $25k
5.7%
$25k–50k
17.7%
$50k–100k
44.7%
$100k–150k
19.2%
$150k+
8.4%

Share of households by yearly income. 27.6% of households earn $100,000 or more.

Rent by apartment size in Derby

SizeDerbyU.S. average
2 bedrooms$1,500$1,509
3 bedrooms$1,783$1,698
4 bedrooms$2,339$2,098

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

How expensive is Derby 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 Derby, so the Colorado figure is shown.

Taxes and bills in Derby

🏛️ Property tax$1,699a year · 0.48% of home value · U.S. $3,119
⚡ Electric bill$134a month (typical) · U.S. $156

Life in Derby

Commute to work25.7 minU.S.: 26.4 min
College degree15.5%U.S.: 35.7%
Own their home70.9%U.S.: 65.2%
Below poverty line8.1%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Derby?

Renting is cheaper right now: about $658 a month less.

Renting
$1,791
Owning
$2,449

Owning assumes a typical $353,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,300 for the down payment.

Frequently asked questions

What is the average rent in Derby, CO?

Renting in Derby costs a median of about $1,791 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Derby?

To keep rent under 30% of income, you need about $71,640 a year, or $34 an hour at a full-time job.

Is Derby cheap or expensive?

Derby is rated OK: rent takes 24.3% of the typical household income of $88,586. It ranks 31st cheapest of 112 Colorado cities we track.

How much are property taxes in Derby?

The median homeowner in Derby pays $1,699 a year in property taxes, about 0.48% of the median home value.

Is Derby 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 Derby?

The median home value in Derby is $353,000, about 4.0 times the typical yearly household income.

8,453 people live in Derby. Numbers are typical (middle) values.