salaryRent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 4.1 years of household income. Most homes (78.1%) are owned, so rentals can be hard to find. It is a highly educated city: 67.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $121,240 a year. That is $58 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 108 of 112 cities from cheapest to most expensive.
How much do households earn in Highlands Ranch?
Share of households by yearly income. 62.5% of households earn $100,000 or more.
Rent by apartment size in Highlands Ranch
| Size | Highlands Ranch | U.S. average |
|---|---|---|
| Studio | $2,188 | $1,338 |
| 1 bedroom | $2,095 | $1,324 |
| 2 bedrooms | $2,533 | $1,509 |
| 3 bedrooms | $3,004 | $1,698 |
| 4 bedrooms | $3,606 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Highlands Ranch 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 Highlands Ranch, so the Colorado figure is shown.
Taxes and bills in Highlands Ranch
Life in Highlands Ranch
Is it cheaper to rent or buy in Highlands Ranch?
Renting is cheaper right now: about $1,914 a month less.
Owning assumes a typical $712,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $71,270 for the down payment.
Frequently asked questions
What is the average rent in Highlands Ranch, CO?
Renting in Highlands Ranch costs a median of about $3,031 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Highlands Ranch?
To keep rent under 30% of income, you need about $121,240 a year, or $58 an hour at a full-time job.
Is Highlands Ranch cheap or expensive?
Highlands Ranch is rated OK: rent takes 21.2% of the typical household income of $171,813. It ranks 108th cheapest of 112 Colorado cities we track.
How much are property taxes in Highlands Ranch?
The median homeowner in Highlands Ranch pays $3,701 a year in property taxes, about 0.52% of the median home value.
Is Highlands Ranch 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 Highlands Ranch?
The median home value in Highlands Ranch is $712,700, about 4.1 times the typical yearly household income.
102,257 people live in Highlands Ranch. Numbers are typical (middle) values.