salaryRent is higher than in 73% of U.S. cities. A typical house costs about 5.9 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $84,200 a year. That is $40 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 59 of 112 cities from cheapest to most expensive.
How much do households earn in Longmont?
Share of households by yearly income. 34.3% of households earn $100,000 or more.
Rent by apartment size in Longmont
| Size | Longmont | U.S. average |
|---|---|---|
| Studio | $1,680 | $1,338 |
| 1 bedroom | $1,705 | $1,324 |
| 2 bedrooms | $1,923 | $1,509 |
| 3 bedrooms | $2,285 | $1,698 |
| 4 bedrooms | $3,030 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Longmont 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 Longmont, so the Colorado figure is shown.
Taxes and bills in Longmont
Life in Longmont
Is it cheaper to rent or buy in Longmont?
Renting is cheaper right now: about $1,869 a month less.
Owning assumes a typical $572,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $57,280 for the down payment.
Frequently asked questions
What is the average rent in Longmont, CO?
Renting in Longmont costs a median of about $2,105 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Longmont?
To keep rent under 30% of income, you need about $84,200 a year, or $40 an hour at a full-time job.
Is Longmont cheap or expensive?
Longmont is rated OK: rent takes 25.8% of the typical household income of $97,789. It ranks 59th cheapest of 112 Colorado cities we track.
How much are property taxes in Longmont?
The median homeowner in Longmont pays $2,940 a year in property taxes, about 0.51% of the median home value.
Is Longmont 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 Longmont?
The median home value in Longmont is $572,800, about 5.9 times the typical yearly household income.
99,406 people live in Longmont. Numbers are typical (middle) values.