Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Otero County, Colorado?
County · Census ACS 5-Year estimates
The median gross rent in Otero County, Colorado is $839/month (±$89), based on Census ACS 5-Year estimates (2024). The median home value is $168,900 (±$10,846), and the median household income is $54,037/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Otero County, Colorado and Neighbouring Counties
Housing Metrics for Otero County, Colorado
| Metric | Value |
|---|---|
| Median Gross Rent | $839 |
| Median Home Value | $168,900 |
| Median Household Income | $54,037 |
| Total Housing Units | 7,584 |
| Renter-Occupied Units | 2,355 |
| Renter-Occupied Share | 31% |
| Households Paying 50%+ Income | 451 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| 1 BR | $535 | +0.0% |
| 2 BR | $874 | +0.0% |
| 3 BR | $951 | +0.0% |
| 4 BR | $1,228 | +0.0% |
How does Otero County, Colorado compare?
Median gross rent ranked against all counties in Colorado.
Higher rent than 13% of counties in Colorado · 57th of 64
| # | County | Value |
|---|---|---|
| 1 | Douglas County | $2,193 |
| 2 | Park County | $2,161 |
| 3 | Broomfield County | $2,126 |
| … 53 more … | ||
| 57 | Otero County(you are here) | $839 |
| … 4 more … | ||
| 62 | Sedgwick County | $774 |
| 63 | Conejos County | $748 |
| 64 | Baca County | $592 |
More data for Otero County, Colorado
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Frequently asked questions
What is the average rent in Otero County, Colorado?
The median gross rent in Otero County, Colorado is $839/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Otero County, Colorado?
The median rent for a 2-bedroom in Otero County, Colorado is $874/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$67. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Otero County, Colorado?
The median home value in Otero County, Colorado is $168,900 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Otero County are rent-burdened?
In Otero County, Colorado, 451 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Otero County, Colorado?
The median household income in Otero County, Colorado is $54,037/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $839 has a margin of error of ±$89. In very small areas, MOEs can be large relative to the estimate.
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