salaryRent is higher than in 84% of U.S. cities. A typical house costs about 6.3 years of household income, so buying is hard for most locals.
How much money do I need?
To rent here comfortably, you should earn about $98,160 a year. That is $47 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 96 of 112 cities from cheapest to most expensive.
How much do households earn in Glenwood Springs?
Share of households by yearly income. 34.9% of households earn $100,000 or more.
Rent by apartment size in Glenwood Springs
| Size | Glenwood Springs | U.S. average |
|---|---|---|
| Studio | $1,173 | $1,338 |
| 1 bedroom | $1,552 | $1,324 |
| 2 bedrooms | $2,104 | $1,509 |
| 3 bedrooms | $2,285 | $1,698 |
| 4 bedrooms | $2,824 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Glenwood Springs overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Glenwood Springs, so the Colorado figure is shown.
Taxes and bills in Glenwood Springs
Life in Glenwood Springs
Is it cheaper to rent or buy in Glenwood Springs?
Renting is cheaper right now: about $1,841 a month less.
Owning assumes a typical $619,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $61,900 for the down payment.
Frequently asked questions
What is the average rent in Glenwood Springs, CO?
Renting in Glenwood Springs costs a median of about $2,454 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Glenwood Springs?
To keep rent under 30% of income, you need about $98,160 a year, or $47 an hour at a full-time job.
Is Glenwood Springs cheap or expensive?
Glenwood Springs is rated OK: rent takes 29.8% of the typical household income of $98,662. It ranks 96th cheapest of 112 Colorado cities we track.
How much are property taxes in Glenwood Springs?
The median homeowner in Glenwood Springs pays $2,535 a year in property taxes, about 0.41% of the median home value.
Is Glenwood Springs 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 Glenwood Springs?
The median home value in Glenwood Springs is $619,000, about 6.3 times the typical yearly household income.
10,241 people live in Glenwood Springs. Numbers are typical (middle) values.