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Cortez, CO

Full City Profile · Colorado · Montezuma County County

3.1 /5.0
B Good
8,898 Population 1,428/sq mi density
$51,377 Median Income $29,086 per capita
$226,700 Home Value $333,540 Zillow
$1,028 Median Rent 33.9% income on rent
51°F Avg Temperature 330 sunny days/yr
492 Violent Crime/100K 3,224 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$51,377 median income, 3.2% unemployment
A
Affordability
4.2 / 5.0
$226,700 home value, $1,028/mo rent
F
Safety
1.0 / 5.0
492 violent crimes/100K (29% above avg)
B
Education
3.3 / 5.0
29.2% bachelor's degree or higher

Housing Overview

Median Home Value
$226,700
20% below
US avg: $281,900
Median Rent
$1,028/mo
12% below
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
4,104
Median year built: 1972

Home Value by Source

Census Median
$226,700
Zillow (ZHVI)
$333,540
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.3%
Owner-Occupied
39.7%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent: $1,028/mo · Zillow rent: $1,758/mo

Affordability & Housing Stock

Rent Burden
33.9%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
60.3%

Complete Housing Data

Home Values

Census Median Value$226,700
Zillow Home Value (ZHVI)$333,540

Rent

Census Median Rent$1,028
Zillow Rent (ZORI)$1,758
FMR Studio$1,083
FMR 1-Bedroom$1,161
FMR 2-Bedroom$1,429
FMR 3-Bedroom$1,861
FMR 4-Bedroom$2,178

Market

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units4,104
Median Year Built1972
Rent Burden33.9%