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City · 8,991 residents · Moffat County, Colorado

Craig , Colorado

In Craig, a typical home is worth $278,500 and typical rent is $1,045 a month. Compared with all of Moffat County, the share of households that own their home is 8 points lower.

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  • Typical home value

    $278,500

    4% below the county

    48% below Colorado

    • Craig
    • Moffat
    • Colorado

  • Typical rent

    $1,045a month

    About the same as the county

    41% below Colorado

    • Craig
    • Moffat
    • Colorado

  • Typical household income

    $72,636a year

    About the same as the county

    24% below Colorado

    • Craig
    • Moffat
    • Colorado

  • Households that own their home

    61%

    8 points below the county

    5 points below Colorado

    • Craig
    • Moffat
    • Colorado

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

Market now, with Zillow data

Zillow data
Typical home value
$302,448
about the same as 12 months ago

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

Craig is in Moffat County. The FHA loan limit ($1,089,050 for a one-unit home), the fair market rents and the help on this page are those of all of Moffat County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Craig apart

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

  1. Craig has the 3rd smallest share of rent-burdened renters of the 94 cities in Colorado with more than 5,000 people (33%).

  2. 61% of households in Craig own their home, against 69% in Moffat County.

  3. Craig has the 10th lowest typical rent of the 109 cities in Colorado with more than 5,000 people ($1,045).

  4. Craig has the 11th lowest typical home value of the 110 cities in Colorado with more than 5,000 people ($278,500).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Craig

What homes there are in Craig, 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

In Craig, 6 in 10 homes are single-family detached houses; in Moffat County, 6.

Year built

The typical year built in Craig is 1975, about the same as in Moffat County (1977).

In Craig, 68% of homes have 3 bedrooms or more, about the same as in Moffat 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

$1,538 a month

Moffat County: $1,589 a month

Without a mortgage

$512 a month

Moffat County: $509 a month

Owners with a mortgage

62%

Moffat County: 63%

Owning costs about the same in Craig as in Moffat County: with a mortgage, $1,538 a month; without one, $512.

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

The typical home value in Craig rose 60% since 2015–2019, about the same as in Moffat County (59%).

The typical rent in Craig rose 34% since 2015–2019, about the same as in Moffat County (33%).

The typical household income in Craig rose 29%: less than home values (+60%) and rent (+34%).

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

MeasureCraigMoffat 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 2.282.432.422.53
Drive alone 80%79%65%69%
Carpool 11%11%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike 6%4%3%3%
Work from home Unreliable estimate4%21%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate10 to 19 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Craig has 2.28 people, fewer than in Moffat County (2.43).

To get to work, 80% of workers in Craig drive alone; in Moffat County, 79%.

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 Craig?

A typical home costs more than the typical income allows

We start with a typical home in Craig, worth $278,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Craig, which is $72,636 a year. For that payment to be 28% of income, a household would need to earn about $93,921 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Craig. 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 $9,748 (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

$2,192

at 7.18% · 30 years

Loan amount
$273,455
Total interest
$393,438
Paid off in
November 2056

Includes $4,703 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,695 a month

  • Tight

    $1,695 to $2,179 a month

  • Hard

    more than $2,179 a month

    Your payment · 36%

Compared with the typical household income in Craig ($72,636 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,192
Principal & interest$1,852
Property tax$100
Home insurance$116
FHA mortgage insurance (MIP)$123

You need at least $9,748 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

Craig and Moffat County

Craig is in Moffat 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).

Craig's own numbers

Typical home value
$278,500
Typical monthly rent
$1,045
Typical yearly household income
$72,636
Households that own their home
61%
Effective property tax rate
0.43%

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

Numbers for all of Moffat County

FHA limit, one-unit home
$1,089,050
Conventional limit, one unit
$1,089,050
HUD fair market rent, 2 bedrooms
$1,225
Price change over 5 years (FHFA)
+56%

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 Moffat County.

Everything about Moffat County

Buying

Buying a home in Craig

A typical home in Craig is worth $278,500: 4% below the county and 48% below Colorado. With the typical household income in Craig ($72,636 a year), a typical home costs 3.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Craig 3.8 years
  • Moffat 3.9 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Moffat County

According to FHFA’s house price index, home prices in Moffat County rose 92% in the 10 years through 2025.

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

Period County Colorado U.S.
Last year (2025) +4.3% +0.1% +2.9%
5 years (2020–2025) +56% +38% +47%
10 years (2015–2025) +92% +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

Craig next to Moffat County, Colorado and the U.S.

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

Typical home value
  • Craig $278,500
  • Moffat $289,500
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Craig $1,045
  • Moffat $1,039
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Craig $72,636
  • Moffat $73,849
  • Colorado $95,470
  • United States $80,734
See the full table
Craig next to Moffat County and Colorado
Measure Craig Moffat County Colorado U.S.
Typical home value $278,500 $289,500 $539,400 $332,700
Typical monthly rent $1,045 $1,039 $1,761 $1,413
Typical yearly household income $72,636 $73,849 $95,470 $80,734
Households that own their home 61% 69% 66% 65%
Typical yearly property tax $1,193 $1,146 $2,602 $3,119
Effective property tax rate 0.43% 0.4% 0.48% 0.94%
Renters with high rent for their income 33% 33% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Moffat 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 Craig

For a typical $278,500 home in Craig, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Craig's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,191a month

    Least cash to close
    Down payment
    $9,748
    Cash to close
    $18,103
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $123

  • Conventional, 5% down $2,140a month

    Down payment
    $13,925
    Cash to close
    $22,280
    Rate
    7.18%
    Mortgage insurance
    PMI · $132

  • Conventional, 20% down, no PMI $1,725a month

    Down payment
    $55,700
    Cash to close
    $64,055
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,983a month

    Down payment
    $41,775
    Cash to close
    $50,130
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

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 Craig and for Moffat County.

Property tax

Effective rate in Craig

0.43%of the home’s value each year

$1,193 a year for the typical owner in Craig.

  • Craig 0.43%
  • Moffat 0.4%
  • Colorado 0.48%

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 Moffat County

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

FEMA’s maps count no homes in the high-risk zone in Moffat County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Craig

Typical rent in Craig is $1,045 a month: about the same as the county. In Craig, 33% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Moffat County, by unit size. To pay the 2-bedroom one ($1,225 a month) without spending more than 30% of your income, you would need to earn $23.56 an hour working full time.

HUD fair market rent for all of Moffat 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 $910 $17.50 $36,400
1 bedroom $936 $18.00 $37,440
2 bedrooms $1,225 $23.56 $49,000
3 bedrooms $1,586 $30.50 $63,440
4 bedrooms $1,992 $38.31 $79,680

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 Craig

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Craig is in ZIP code 81625.

For 2 bedrooms it is $1,820: $595 more than the fair market rent for Moffat County ($1,225).

  • 81625 $1,820$2,190

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Craig 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 Craig

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

  • Columbine Apartments 655 Wickes Ave, Craig 81625 120 low-income homes · For families (970) 824-8127
  • Sunset Meadows I 633 Ledford St, Craig 81625 44 low-income homes · For older adults (970) 824-3911
  • Sunset Meadows II 595 Ledford St, Craig 81625 44 low-income homes · For older adults (970) 824-3911

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

Free help

Help to buy or rent in Craig

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 Moffat County. The nearest ones are below; many serve by phone or online.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Craig

No down payment, repair or rent-help program on our list is for Craig or Moffat County. The ones below are statewide in Colorado: they work in Craig 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 Craig

The HUD-approved agencies closest to the center of Craig, 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 · 111 miles away

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

  • Neighbor To Neighbor

    1550 Blue Spruce Dr, Fort Collins · 131 miles away · Spanish

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 3 more
    (970) 484-7498

  • Oweesta Corporation

    2432 Main St, Longmont · 131 miles away

    (303) 774-8838

All counseling agencies in Colorado

Help in Spanish near Craig

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 Craig

HUD lists no housing authority with an office in Moffat 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 Craig, with the typical home value.

Everything about Moffat County Housing in Colorado

Neighboring counties

If Moffat 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 Craig.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Craig

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

How much does a typical home cost in Craig?

The typical home value in Craig is $278,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Moffat County it is $289,500.

How much does it cost to rent in Craig?

Typical rent in Craig is $1,045 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Moffat County is $1,225.

What is the FHA loan limit in Craig?

Craig uses the FHA limit for all of Moffat County (2026): $1,089,050 for a one-unit home and $2,094,350 for a four-unit home.

How much property tax do owners pay in Craig?

The typical homeowner in Craig pays $1,193 a year, according to the U.S. Census Bureau. That is 0.43% of the home’s value; in Moffat County, the rate is 0.4%.

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

We found no HUD-approved counseling agencies with an office in Moffat 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).