In Salida, a typical home is worth $648,500 and typical rent is $1,292 a month. Compared with all of Chaffee County, typical rent is 20% lower, typical household income is 17% lower, and the share of households that own their home is 11 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $607,475 to $716,643.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Salida is in Chaffee County. The FHA loan limit ($713,000 for a one-unit home), the fair market rents and the help on this page are those of all of Chaffee County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Cañon City, the typical home value is $316,100: 51% less than in Salida ($648,500).
2
Nearby, in Cañon City, the typical rent is $997: 23% less than in Salida ($1,292).
3
The typical rent in Salida is $1,292 a month, 20% less than in Chaffee County as a whole ($1,611).
4
The typical household income in Salida is $70,045,17% less than in Chaffee County as a whole ($84,132).
5
63% of households in Salida own their home, against 74% in Chaffee County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Salida
What homes there are in Salida, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Salida
Chaffee County
Colorado
United States
Kind of home: Salida and its comparisons
Measure
Salida
Chaffee County
Colorado
United States
Detached house
68%
81%
61%
61%
Attached house
Unreliable estimate
5%
8%
6%
Building of 2 to 4
14%
5%
5%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
23%
19%
Mobile home
Unreliable estimate
5%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Salida, 7 in 10 homes are single-family detached houses; in Chaffee County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Salida
Chaffee County
Colorado
United States
Year built: Salida and its comparisons
Measure
Salida
Chaffee County
Colorado
United States
Before 1960
46%
20%
16%
26%
1960–1979
Unreliable estimate
17%
24%
24%
1980–1999
9%
22%
28%
25%
2000–2009
10%
18%
17%
14%
2010 or later
26%
23%
16%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K17%
$500K–$750K36%
$750K–$1M19%
$1M or more16%
Value of owner-occupied homes: Salida and its comparisons
Measure
Salida
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
17%
$500K–$750K
36%
$750K–$1M
19%
$1M or more
16%
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49944%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Salida and its comparisons
Measure
Salida
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
44%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,764 a month
Chaffee County: $1,957 a month
Without a mortgage
$472 a month
Chaffee County: $532 a month
Owners with a mortgage
60%
Chaffee County: 56%
In Salida, 60% of owners have a mortgage, and their typical cost is $1,764 a month, against $1,957 in Chaffee County. Without one it drops to $472.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Salida+98%
Chaffee County+86%
Colorado+57%
United States+53%
Typical rent
Salida+33%
Chaffee County+73%
Colorado+39%
United States+33%
Typical household income
Salida+49%
Chaffee County+51%
Colorado+32%
United States+29%
Change since 2015–2019: Salida and its comparisons
Measure
Salida
Chaffee County
Colorado
United States
Typical home value
+98%
+86%
+57%
+53%
Typical rent
+33%
+73%
+39%
+33%
Typical household income
+49%
+51%
+32%
+29%
Since 2015–2019, homes in Salida gained value faster than in Chaffee County: 98% against 86%.
Since 2015–2019, the typical rent in Salida rose 33%, less than in Chaffee County (73%).
To compare: typical income in Salida rose 49%; the home, +98%; the rent, +33%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Salida and its comparisons
Measure
Salida
Chaffee County
Colorado
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.4%
3.4%
People per household
2.04
1.90
2.42
2.53
Drive alone
47%
60%
65%
69%
Carpool
Unreliable estimate
7%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
2%
3%
Walk or bike
15%
8%
3%
3%
Work from home
28%
25%
21%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 2.04 on average, against 1.90 in Chaffee County.
Many here get to work on foot or by bike: 15%, more than in Chaffee County (8%).
Do the math
What would you pay each month for a home in Salida?
A typical home costs more than the typical income allows
We start with a typical home in Salida, worth $648,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 86% of the typical household income in Salida, which is $70,045 a year. For that payment to be 28% of income, a household would need to earn about $214,763 a year.
The calculator's FHA and conventional loan limits are those of all of Chaffee County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Salida. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $22,698 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$5,011
at 7.18% · 30 years
Loan amount
$636,754
Total interest
$916,139
Paid off in
November 2056
Includes $10,952 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,634 a month
Tight
$1,634 to $2,101 a month
Hard
more than $2,101 a month
Your payment · 86%
Compared with the typical household income in Salida ($70,045 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,314
Property tax
$141
Home insurance
$270
FHA mortgage insurance (MIP)
$287
You need at least $22,698 for the down payment, plus closing costs.
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.
Total monthly payment $5,011; principal and interest $4,314.
The city and its county
Salida and Chaffee County
Salida is in Chaffee 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).
Salida
Map of Chaffee County, Colorado, with Salida marked. Around it, the neighboring counties.
Salida
Chaffee County
Other cities with a page
Salida's own numbers
Typical home value
$648,500
Typical monthly rent
$1,292
Typical yearly household income
$70,045
Households that own their home
63%
Effective property tax rate
0.26%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Chaffee County
FHA limit, one-unit home
$713,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,755
Price change over 5 years (FHFA)
+63%
Homes in a high flood-risk zone
2.6%
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 Chaffee County.
A typical home in Salida is worth $648,500: 3% below the county and 20% above Colorado. With the typical household income in Salida ($70,045 a year), a typical home costs 9.3 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.
Salida9.3 years
Chaffee7.9 years
Colorado5.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Chaffee County
According to FHFA’s house price index, home prices in Chaffee County rose 143% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Chaffee County.
Yearly change in FHFA’s price index in Chaffee County, 2016 to 2025
2016: +10.2% +10.2% 2016
2017: +9.0% +9.0% 2017
2018: +11.1% +11.1% 2018
2019: +8.1% +8.1% 2019
2020: +3.0% +3.0% 2020
2021: +14.4% +14.4% 2021
2022: +22.8% +22.8% 2022
2023: +5.6% +5.6% 2023
2024: +5.5% +5.5% 2024
2025: +4.5% +4.5% 2025
Change in FHFA’s price index in Chaffee County, Colorado and the United States
Period
County
Colorado
U.S.
Last year (2025)
+4.5%
+0.1%
+2.9%
5 years (2020–2025)
+63%
+38%
+47%
10 years (2015–2025)
+143%
+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
Salida next to Chaffee 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
Salida$648,500
Chaffee$665,700
Colorado$539,400
United States$332,700
Typical monthly rent
Salida$1,292
Chaffee$1,611
Colorado$1,761
United States$1,413
Typical yearly household income
Salida$70,045
Chaffee$84,132
Colorado$95,470
United States$80,734
See the full table
Salida next to Chaffee County and Colorado
Measure
Salida
Chaffee County
Colorado
U.S.
Typical home value
$648,500 ▼3% below the county
$665,700
$539,400
$332,700
Typical monthly rent
$1,292 ▼20% below the county
$1,611
$1,761
$1,413
Typical yearly household income
$70,045 ▼17% below the county
$84,132
$95,470
$80,734
Households that own their home
63% ▼11 points below the county
74%
66%
65%
Typical yearly property tax
$1,678 ▼12% below the county
$1,901
$2,602
$3,119
Effective property tax rate
0.26% ▼0.03 points below the county
0.29%
0.48%
0.94%
Renters with high rent for their income
58% ▼2 points below the county
60%
53%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Chaffee 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 Salida
For a typical $648,500 home in Salida, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Salida's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,011a month
Least cash to close
Down payment
$22,698
Cash to close
$42,153
Rate
7.18%
Mortgage insurance
FHA MIP · $287
Conventional, 5% down$4,892a month
Down payment
$32,425
Cash to close
$51,880
Rate
7.18%
Mortgage insurance
PMI · $308
Conventional, 20% down, no PMI$3,925a month
Down payment
$129,700
Cash to close
$149,155
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,525a month
Down payment
$97,275
Cash to close
$116,730
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Salida
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$5,011
$22,698
$636,754
7.18%
FHA MIP · $287
$42,153
580
Conventional, 5% down
$4,892
$32,425
$616,075
7.18%
PMI · $308
$51,880
620*
Conventional, 20% down, no PMI
$3,925
$129,700
$518,800
7.18%
None
$149,155
620*
ITIN, 15% down (example)
$4,525
$97,275
$551,225
8.18%
None
$116,730
Set by the lender
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.
Typical rent in Salida is $1,292 a month: 20% below the county. In Salida, 58% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Chaffee County, by unit size. To pay the 2-bedroom one ($1,755 a month) without spending more than 30% of your income, you would need to earn $33.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Chaffee County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,304
$25.08
$52,160
1 bedroom
$1,342
$25.81
$53,680
2 bedrooms
$1,755
$33.75
$70,200
3 bedrooms
$2,362
$45.42
$94,480
4 bedrooms
$2,725
$52.40
$109,000
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 Salida
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Salida is in ZIP code 81201.
For 2 bedrooms it is $1,820: $65 more than the fair market rent for Chaffee County ($1,755).
Fair market rent by ZIP code and size in Salida, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
81201
$1,350
$1,390
$1,820
$2,450
$2,830
ZIP code2 bd3 bd
81201 $1,820$2,450
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Salida 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 3 buildings with rents for lower incomes in Salida. These are the largest.
MT Shavano Manor525 W 16th St, Salida 8120150 low-income homes · Run by Housing Authority of the City of Salida · Average payment: $439 a month · Average wait: 29 months(719) 539-6243
Salida Apts530 Teller St, Salida 8120148 homes, 47 low-income · 1 bd: 47 · 2 bd: 1 · In service since 1991
River Bend Apts1500 Holman Ave, Salida 8120130 low-income homes · 2 bd: 22 · 3 bd: 8 · In service since 1998
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 Chaffee County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Salida or Chaffee County. The ones below are statewide in Colorado: they work in Salida the same as in the rest of the state.
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).
$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).
No legal help resource on our list is for Salida or Chaffee County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Salida and all of Chaffee 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 Salida?
The typical home value in Salida is $648,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Chaffee County it is $665,700.
How much does it cost to rent in Salida?
Typical rent in Salida is $1,292 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Chaffee County is $1,755.
What is the FHA loan limit in Salida?
Salida uses the FHA limit for all of Chaffee County (2026): $713,000 for a one-unit home and $1,371,150 for a four-unit home.
How much property tax do owners pay in Salida?
The typical homeowner in Salida pays $1,678 a year, according to the U.S. Census Bureau. That is 0.26% of the home’s value; in Chaffee County, the rate is 0.29%.
Where can I find free help to buy or rent in Salida?
We found no HUD-approved counseling agencies with an office in Chaffee County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
