salaryRent is higher than in 78% of U.S. cities. A typical house costs about 5.2 years of household income. Most homes (82.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $90,120 a year. That is $43 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 73 of 112 cities from cheapest to most expensive.
How much do households earn in Shaw Heights?
Share of households by yearly income. 40.3% of households earn $100,000 or more.
Rent by apartment size in Shaw Heights
| Size | Shaw Heights | U.S. average |
|---|---|---|
| 3 bedrooms | $2,363 | $1,698 |
| 4 bedrooms | $2,431 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Shaw Heights 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 Shaw Heights, so the Colorado figure is shown.
Taxes and bills in Shaw Heights
Life in Shaw Heights
Is it cheaper to rent or buy in Shaw Heights?
Renting is cheaper right now: about $1,097 a month less.
Owning assumes a typical $482,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,280 for the down payment.
Frequently asked questions
What is the average rent in Shaw Heights, CO?
Renting in Shaw Heights costs a median of about $2,253 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Shaw Heights?
To keep rent under 30% of income, you need about $90,120 a year, or $43 an hour at a full-time job.
Is Shaw Heights cheap or expensive?
Shaw Heights is rated OK: rent takes 29.1% of the typical household income of $93,021. It ranks 73rd cheapest of 112 Colorado cities we track.
How much are property taxes in Shaw Heights?
The median homeowner in Shaw Heights pays $2,794 a year in property taxes, about 0.58% of the median home value.
Is Shaw 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 Shaw Heights?
The median home value in Shaw Heights is $482,800, about 5.2 times the typical yearly household income.
5,565 people live in Shaw Heights. Numbers are typical (middle) values.