States › Colorado › Federal Heights

Is Federal Heights, CO expensive to live in?

ExpensiveRent takes 39 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,96612% higher than U.S. average
💵 Families earn per year (2026)$61,040about $5,087/month · 30% lower than U.S. average
🔑 House price$95,30071% lower than U.S. average

Rent is higher than in 67% of U.S. cities. Incomes are on the low side for rents this high, so budgets feel tight. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32.2 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $78,640 a year. That is $38 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 46 of 112 cities from cheapest to most expensive.

Federal Heights
$1,966
Lone Tree
$2,291
Fruita
$1,311
Steamboat Springs
$2,008
Castle Pines
$2,600
Superior
$2,437
Sterling
$1,114

How much do households earn in Federal Heights?

Under $25k
20.7%
$25k–50k
28.2%
$50k–100k
32.0%
$100k–150k
12.5%
$150k+
2.1%

Share of households by yearly income. 14.6% of households earn $100,000 or more.

Rent by apartment size in Federal Heights

SizeFederal HeightsU.S. average
1 bedroom$1,744$1,324
2 bedrooms$1,813$1,509
3 bedrooms$2,095$1,698

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

How expensive is Federal Heights 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 Federal Heights, so the Colorado figure is shown.

Taxes and bills in Federal Heights

🏛️ Property tax$509a year · 0.53% of home value · U.S. $3,119
⚡ Electric bill$126a month (typical) · U.S. $156

Life in Federal Heights

Commute to work32.2 minU.S.: 26.4 min
College degree14.2%U.S.: 35.7%
Own their home59.3%U.S.: 65.2%
Below poverty line24.2%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Federal Heights?

Buying is cheaper month to month: about $1,305 a month less than renting.

Renting
$1,966
Owning
$661

Owning assumes a typical $95,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,530 for the down payment.

Frequently asked questions

What is the average rent in Federal Heights, CO?

Renting in Federal Heights costs a median of about $1,966 a month in 2026, including utilities. The Colorado median is $2,080.

How much do I need to make to live in Federal Heights?

To keep rent under 30% of income, you need about $78,640 a year, or $38 an hour at a full-time job.

Is Federal Heights cheap or expensive?

Federal Heights is rated Expensive: rent takes 38.7% of the typical household income of $61,040. It ranks 46th cheapest of 112 Colorado cities we track.

How much are property taxes in Federal Heights?

The median homeowner in Federal Heights pays $509 a year in property taxes, about 0.53% of the median home value.

Is Federal Heights 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 Federal Heights?

The median home value in Federal Heights is $95,300, about 1.6 times the typical yearly household income.

14,125 people live in Federal Heights. Numbers are typical (middle) values.