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City · 6,756 residents · Pitkin County, Colorado

Aspen , Colorado

In Aspen, typical rent is $2,081 a month. Compared with all of Pitkin County, typical household income is 28% lower and the share of households that own their home is 6 points lower.

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  • Typical rent

    $2,081a month

    4% above the county

    18% above Colorado

    • Aspen
    • Pitkin
    • Colorado

  • Typical household income

    $74,033a year

    28% below the county

    22% below Colorado

    • Aspen
    • Pitkin
    • Colorado

  • Households that own their home

    57%

    6 points below the county

    9 points below Colorado

    • Aspen
    • Pitkin
    • Colorado

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$3,559,803
8.3% more than 12 months ago
Typical rent
$17,626 a month
8.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Aspen is in Pitkin County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Pitkin County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Aspen apart

What this place has that others do not, from public data, most unusual first.

  1. According to Zillow, in the 12 months to September 2026 the typical home value in Aspen rose 8.3%; in Colorado, it fell 1.3%.

  2. The typical household income in Aspen is $74,033, 28% less than in Pitkin County as a whole ($102,645).

  3. Aspen has the 8th largest share of rent-burdened renters of the 94 cities in Colorado with more than 5,000 people (68%).

  4. 57% of households in Aspen own their home, against 63% in Pitkin County.

Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data

The homes here

Housing in Aspen

What homes there are in Aspen, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Many people here live in apartments: 5 in 10 homes; in Pitkin County, 4.

Year built

By age, homes in Aspen look like those in Pitkin County: the typical year built is 1986.

In Aspen, 37% of homes have 1 bedroom or none (studios); 37% have 3 bedrooms or more, against 52% in Pitkin County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,717 a month

Pitkin County: $2,874 a month

Without a mortgage

$1,210 a month

Pitkin County: $1,261 a month

Owners with a mortgage

50%

Pitkin County: 54%

Owning costs less in Aspen: with a mortgage, the typical cost is $2,717 a month; in Pitkin County, $2,874. Without one, $1,210.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Rents in Aspen rose at about the same pace as in Pitkin County: 39% since 2015–2019, against 36%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureAspenPitkin CountyColoradoUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.4%3.4%
People per household 1.621.832.422.53
Drive alone 38%46%65%69%
Carpool Unreliable estimate6%8%9%
Public transit 9%12%2%3%
Walk or bike 29%18%3%3%
Work from home 18%17%21%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Households in Aspen are smaller: 1.62 people on average; in Pitkin County, 1.83.

In Aspen, 29% of workers walk or bike to work; in Pitkin County, 18%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Aspen?

The Census Bureau publishes no typical home value or typical household income for Aspen, so we don't measure how heavy the payment is. Enter your own numbers in the calculator. The Census Bureau publishes no typical home value for Aspen, so the calculator starts with the one for Pitkin County: $1,139,100. The rate is Freddie Mac’s weekly average (7.18%, November 5, 2026); yours may be different. The FHA and conventional loan limits are those of all of Pitkin County. Change the price, the down payment or the loan type and see how your payment changes.

The calculator's FHA and conventional loan limits are those of all of Pitkin County.

Your numbers

Local data
$

Starts at the typical home value in Aspen. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $39,869 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$9,080

at 7.18% · 30 years

Loan amount
$1,118,468
Total interest
$1,609,212
Paid off in
November 2056

Includes $19,237 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,727 a month

  • Tight

    $1,727 to $2,221 a month

  • Hard

    more than $2,221 a month

    Your payment · 147%

Compared with the typical household income in Aspen ($74,033 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$9,080
Principal & interest$7,577
Property tax$342
Home insurance$475
FHA mortgage insurance (MIP)$687

You need at least $39,869 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Aspen and Pitkin County

Aspen is in Pitkin County, Colorado. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Aspen's own numbers

Typical monthly rent
$2,081
Typical yearly household income
$74,033
Households that own their home
57%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Pitkin County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,597
Price change over 5 years (FHFA)
+67%
Homes in a high flood-risk zone
2.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Pitkin County.

Everything about Pitkin County

Buying

Buying a home in Aspen

The Census Bureau publishes no typical home value for Aspen. Below are the numbers for Pitkin County.

How prices have changed in Pitkin County

According to FHFA’s house price index, home prices in Pitkin County rose 129% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Pitkin County.

Period County Colorado U.S.
Last year (2025) −4.8% +0.1% +2.9%
5 years (2020–2025) +67% +38% +47%
10 years (2015–2025) +129% +93% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Aspen next to Pitkin County, Colorado and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical monthly rent
  • Aspen $2,081
  • Pitkin $2,004
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Aspen $74,033
  • Pitkin $102,645
  • Colorado $95,470
  • United States $80,734
See the full table
Aspen next to Pitkin County and Colorado
Measure Aspen Pitkin County Colorado U.S.
Typical monthly rent $2,081 $2,004 $1,761 $1,413
Typical yearly household income $74,033 $102,645 $95,470 $80,734
Households that own their home 57% 63% 66% 65%
Typical yearly property tax $3,870 $4,074 $2,602 $3,119
Renters with high rent for their income 68% 53% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Pitkin County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Aspen

The Census Bureau publishes no typical home value for Aspen, so we don't build this table. You can enter the price you're looking for in the calculator above.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Aspen and for Pitkin County.

Property tax

Data not available for this place

What Colorado publishes Senior homestead exemption (owners 65 and older) (Colorado General Assembly (Colorado Revised Statutes 2024, Title 39))

Exemptions and deadlines in Colorado

Flood risk in Pitkin County

FEMA does not publish these numbers by city: they are for all of Pitkin County.

Homes in the high-risk zone
2.8%
300
Of those, with NFIP insurance
22%
County Colorado U.S.
Homes in the high-risk zone 2.8% 1.1% 3.5%
Of those, with NFIP insurance 22% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Aspen

Typical rent in Aspen is $2,081 a month: 4% above the county. In Aspen, 68% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Pitkin County, by unit size. To pay the 2-bedroom one ($2,597 a month) without spending more than 30% of your income, you would need to earn $49.94 an hour working full time.

HUD fair market rent for all of Pitkin County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,808 $34.77 $72,320
1 bedroom $2,169 $41.71 $86,760
2 bedrooms $2,597 $49.94 $103,880
3 bedrooms $3,346 $64.35 $133,840
4 bedrooms $4,033 $77.56 $161,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Aspen

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Aspen is in ZIP code 81611.

For 2 bedrooms it is $2,570: $27 less than the fair market rent for Pitkin County ($2,597).

  • 81611 $2,570$3,310

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Aspen when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Aspen

HUD lists 3 buildings with rents for lower incomes in Aspen. These are the largest.

  • Truscott Affordable Housing Phase II 10 Truscott Pl, Aspen 81611 87 homes, 86 low-income · Studio: 24 · 1 bd: 25 · 2 bd: 38 · In service since 2002
  • Maroon Creek Apts 100 Stage Ct, Aspen 81611 42 homes, 41 low-income · 1 bd: 14 · 2 bd: 13 · 3 bd: 15 · In service since 1997
  • Aspen Country Inn 38996 Highway 82, Aspen 81611 40 low-income homes · Studio: 4 · 1 bd: 33 · 2 bd: 3 · In service since 2017 · For families

See all 3 buildings in Pitkin County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Aspen

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Pitkin County. The nearest ones are below; many serve by phone or online.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Aspen

No down payment, repair or rent-help program on our list is for Aspen or Pitkin County. The ones below are statewide in Colorado: they work in Aspen the same as in the rest of the state.

Which programs do I qualify for? All programs in Colorado

  • CHFA Down Payment Assistance

    Statewide in Colorado

    Colorado state agency help with the down payment or closing costs: a grant of up to 3% of the mortgage or a deferred second mortgage of up to 4%, both capped at $25,000. Offered by Colorado Housing and Finance Authority (CHFA).

    GrantDeferred

    See the program Official page

  • CHFA FirstGeneration

    Statewide in Colorado

    Open, per the source

    $25,000 from the Colorado state agency for the down payment of first-generation buyers (neither you nor your parents have owned a home); repaid when you sell, refinance or pay off the mortgage. Offered by Colorado Housing and Finance Authority (CHFA).

    Deferred

    See the program Official page

Housing counselors near Aspen

The HUD-approved agencies closest to the center of Aspen, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Resources of Western Colorado

    524 30 Rd Ste 3, Grand Junction · 89 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (970) 250-2585

  • Southwest Improvement Council

    5045 W 1st Ave, Denver · 102 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (303) 934-0923

  • Brothers Redevelopment, Inc.

    2250 Eaton St Ste B, Edgewater · 102 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (303) 202-6340

All counseling agencies in Colorado

Help in Spanish near Aspen

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Aspen

HUD lists no housing authority with an office in Pitkin County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Colorado Source: HUD

Cities

Nearby cities

The cities closest to Aspen, with the typical home value.

Everything about Pitkin County Housing in Colorado

Neighboring counties

If Pitkin County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Aspen.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Aspen

Short answers with the numbers for Aspen and all of Pitkin County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does it cost to rent in Aspen?

Typical rent in Aspen is $2,081 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Pitkin County is $2,597.

What is the FHA loan limit in Aspen?

Aspen uses the FHA limit for all of Pitkin County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Aspen?

The typical homeowner in Aspen pays $3,870 a year, according to the U.S. Census Bureau. That is Data not available for this place of the home’s value; in Pitkin County, the rate is 0.36%.

Where can I find free help to buy or rent in Aspen?

We found no HUD-approved counseling agencies with an office in Pitkin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).