Español

Este sitio también está en español. Leer en español

City · 13,433 residents · Routt County, Colorado

Steamboat Springs , Colorado

In Steamboat Springs, a typical home is worth $981,800 and typical rent is $2,017 a month. Compared with all of Routt County, the typical home value is 15% higher, typical rent is 5% higher, and the share of households that own their home is 9 points lower.

WhatsApp

  • Typical home value

    $981,800

    15% above the county

    82% above Colorado

    • Steamboat Springs
    • Routt
    • Colorado

  • Typical rent

    $2,017a month

    5% above the county

    15% above Colorado

    • Steamboat Springs
    • Routt
    • Colorado

  • Typical household income

    $104,964a year

    About the same as the county

    10% above Colorado

    • Steamboat Springs
    • Routt
    • Colorado

  • Households that own their home

    67%

    9 points below the county

    1 points above Colorado

    • Steamboat Springs
    • Routt
    • Colorado

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

Market now, with Zillow data

Zillow data
Typical home value
$1,309,117
4.6% more than 12 months ago
Typical rent
$3,336 a month
7% more than 12 months ago

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

Steamboat Springs is in Routt 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 Routt County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Steamboat Springs apart

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

  1. Nearby, in Craig, the typical home value is $278,500: 72% less than in Steamboat Springs ($981,800).

  2. Nearby, in Craig, the typical rent is $1,045: 48% less than in Steamboat Springs ($2,017).

  3. Steamboat Springs has the 4th highest typical home value of the 110 cities in Colorado with more than 5,000 people ($981,800).

  4. According to Zillow, in the 12 months to September 2026 the typical home value in Steamboat Springs rose 4.6%; in Colorado, it fell 1.3%.

  5. 67% of households in Steamboat Springs own their home, against 76% in Routt County.

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

The homes here

Housing in Steamboat Springs

What homes there are in Steamboat Springs, 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 Steamboat Springs, the apartment is the most common kind of home: 37%, against 25% in Routt County.

Year built

In Steamboat Springs, half of the homes were built before 1994; in Routt County, before 1993.

There are fewer big homes in Steamboat Springs than in Routt County: 56% have 3 bedrooms or more, against 62%.

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

$2,728 a month

Routt County: $2,541 a month

Without a mortgage

$869 a month

Routt County: $787 a month

Owners with a mortgage

68%

Routt County: 66%

The typical cost for an owner with a mortgage in Steamboat Springs is $2,728 a month, more than in Routt County ($2,541); without one, $869.

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 Steamboat Springs rose 68% since 2015–2019, more than in Routt County (60%).

Rents in Steamboat Springs rose at about the same pace as in Routt County: 47% since 2015–2019, against 50%.

The typical household income in Steamboat Springs rose 36%: less than home values (+68%) and rent (+47%).

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

MeasureSteamboat SpringsRoutt CountyColoradoUnited States
Rental vacancy 27.1%23.3%5.1%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 2.052.182.422.53
Drive alone 63%66%65%69%
Carpool 6%6%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike 4%4%3%3%
Work from home 23%21%21%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

In Steamboat Springs, the rental vacancy rate is 27.1%; in Routt County, 23.3%.

Households in Steamboat Springs are smaller: 2.05 people on average; in Routt County, 2.18.

In Steamboat Springs, 63% of workers drive alone to work; in Routt County, 66%.

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 Steamboat Springs?

A typical home costs more than the typical income allows

We start with a typical home in Steamboat Springs, worth $981,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 89% of the typical household income in Steamboat Springs, which is $104,964 a year. For that payment to be 28% of income, a household would need to earn about $333,312 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Steamboat Springs. 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 $34,363 (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

$7,777

at 7.18% · 30 years

Loan amount
$964,017
Total interest
$1,386,995
Paid off in
November 2056

Includes $16,580 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,449 a month

  • Tight

    $2,449 to $3,149 a month

  • Hard

    more than $3,149 a month

    Your payment · 89%

Compared with the typical household income in Steamboat Springs ($104,964 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,777
Principal & interest$6,531
Property tax$245
Home insurance$409
FHA mortgage insurance (MIP)$592

You need at least $34,363 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

Steamboat Springs and Routt County

Steamboat Springs is in Routt 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).

Steamboat Springs's own numbers

Typical home value
$981,800
Typical monthly rent
$2,017
Typical yearly household income
$104,964
Households that own their home
67%
Effective property tax rate
0.3%

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

Numbers for all of Routt County

FHA limit, one-unit home
$1,089,050
Conventional limit, one unit
$1,089,050
HUD fair market rent, 2 bedrooms
$2,384
Price change over 5 years (FHFA)
+68%
Homes in a high flood-risk zone
3.5%

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 Routt County.

Everything about Routt County

Buying

Buying a home in Steamboat Springs

A typical home in Steamboat Springs is worth $981,800: 15% above the county and 82% above Colorado. With the typical household income in Steamboat Springs ($104,964 a year), a typical home costs 9.4 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.

  • Steamboat Springs 9.4 years
  • Routt 8.0 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Routt County

According to FHFA’s house price index, home prices in Routt County rose 132% in the 10 years through 2025.

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

Period County Colorado U.S.
Last year (2025) −0.6% +0.1% +2.9%
5 years (2020–2025) +68% +38% +47%
10 years (2015–2025) +132% +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

Steamboat Springs next to Routt 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
  • Steamboat Springs $981,800
  • Routt $854,700
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Steamboat Springs $2,017
  • Routt $1,917
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Steamboat Springs $104,964
  • Routt $106,489
  • Colorado $95,470
  • United States $80,734
See the full table
Steamboat Springs next to Routt County and Colorado
Measure Steamboat Springs Routt County Colorado U.S.
Typical home value $981,800 $854,700 $539,400 $332,700
Typical monthly rent $2,017 $1,917 $1,761 $1,413
Typical yearly household income $104,964 $106,489 $95,470 $80,734
Households that own their home 67% 76% 66% 65%
Typical yearly property tax $2,979 $2,736 $2,602 $3,119
Effective property tax rate 0.3% 0.32% 0.48% 0.94%
Renters with high rent for their income 61% 57% 53% 51%

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

For a typical $981,800 home in Steamboat Springs, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Steamboat Springs's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,777a month

    Least cash to close
    Down payment
    $34,363
    Cash to close
    $63,817
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $592

  • Conventional, 5% down $7,439a month

    Down payment
    $49,090
    Cash to close
    $78,544
    Rate
    7.18%
    Mortgage insurance
    PMI · $466

  • Conventional, 20% down, no PMI $5,975a month

    Down payment
    $196,360
    Cash to close
    $225,814
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,883a month

    Down payment
    $147,270
    Cash to close
    $176,724
    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 Steamboat Springs and for Routt County.

Property tax

Effective rate in Steamboat Springs

0.3%of the home’s value each year

$2,979 a year for the typical owner in Steamboat Springs.

  • Steamboat Springs 0.3%
  • Routt 0.32%
  • 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 Routt County

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

Homes in the high-risk zone
3.5%
480
Of those, with NFIP insurance
27%
County Colorado U.S.
Homes in the high-risk zone 3.5% 1.1% 3.5%
Of those, with NFIP insurance 27% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Steamboat Springs

Typical rent in Steamboat Springs is $2,017 a month: 5% above the county. In Steamboat Springs, 61% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Routt County, by unit size. To pay the 2-bedroom one ($2,384 a month) without spending more than 30% of your income, you would need to earn $45.85 an hour working full time.

HUD fair market rent for all of Routt 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 $2,020 $38.85 $80,800
1 bedroom $2,119 $40.75 $84,760
2 bedrooms $2,384 $45.85 $95,360
3 bedrooms $2,841 $54.63 $113,640
4 bedrooms $3,702 $71.19 $148,080

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 Steamboat Springs

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Steamboat Springs is in ZIP code 80487.

For 2 bedrooms it is $2,490: $106 more than the fair market rent for Routt County ($2,384).

  • 80487 $2,490$2,970

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

HUD lists 4 buildings with rents for lower incomes in Steamboat Springs. These are the largest.

  • Mountain Village 1101 Mountain Village Cir, Steamboat Springs 80487 104 homes, 103 low-income · 1 bd: 40 · 2 bd: 32 · 3 bd: 32 · In service since 1996
  • Alpenglow Village 1400 Pine Grove Rd, Steamboat Springs 80487 72 homes, 48 low-income · 1 bd: 12 · 2 bd: 24 · 3 bd: 12 · In service since 2020 · For families
  • Reserves at Steamboat Springs 2000 Elk River Rd, Steamboat Springs 80487 48 low-income homes · 2 bd: 24 · 3 bd: 24 · In service since 2017 · For families
  • Soda Creek Apartments 445 8th Street, Steamboat Springs 80487 7 low-income homes · For people with disabilities (970) 879-4466, ext. 106

See all 4 buildings in Routt County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Steamboat Springs

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

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Steamboat Springs

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

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

  • Neighbor To Neighbor

    1550 Blue Spruce Dr, Fort Collins · 92 miles away · Spanish

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

  • Oweesta Corporation

    2432 Main St, Longmont · 93 miles away

    (303) 774-8838

  • Community Resources and Housing Development Corporation

    7305 Lowell Blvd Unit 200, Westminster · 104 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (303) 428-1448

All counseling agencies in Colorado

Help in Spanish near Steamboat Springs

2 of the 3 agencies on this list say they serve 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 Steamboat Springs

HUD lists no housing authority with an office in Routt 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 Steamboat Springs, with the typical home value.

Everything about Routt County Housing in Colorado

Neighboring counties

If Routt 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 Steamboat Springs.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Steamboat Springs

Short answers with the numbers for Steamboat Springs and all of Routt 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 Steamboat Springs?

The typical home value in Steamboat Springs is $981,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Routt County it is $854,700.

How much does it cost to rent in Steamboat Springs?

Typical rent in Steamboat Springs is $2,017 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Routt County is $2,384.

What is the FHA loan limit in Steamboat Springs?

Steamboat Springs uses the FHA limit for all of Routt 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 Steamboat Springs?

The typical homeowner in Steamboat Springs pays $2,979 a year, according to the U.S. Census Bureau. That is 0.3% of the home’s value; in Routt County, the rate is 0.32%.

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

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