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Olney Springs, CO

Full City Profile · Colorado · Crowley County County

2.9 /5.0
C+ Fair
550 Population 2,292/sq mi density
$52,031 Median Income $27,755 per capita
$98,700 Home Value $162,377 Zillow
$975 Median Rent 51.0% income on rent
52°F Avg Temperature 330 sunny days/yr
86 Violent Crime/100K 515 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$52,031 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$98,700 home value, $975/mo rent
F
Safety
1.0 / 5.0
86 violent crimes/100K
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher

Housing Overview

Median Home Value
$98,700
65% below
US avg: $281,900
Median Rent
$975/mo
16% below
US avg: $1,163/mo
Homeownership Rate
79.7%
22% above US avg (65.4%)
Total Housing Units
163
Median year built: 1938

Home Value by Source

Census Median
$98,700
Zillow (ZHVI)
$162,377
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.7%
Owner-Occupied
20.3%
Renter-Occupied
80%
20%
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: $975/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
79.7%

Complete Housing Data

Home Values

Census Median Value$98,700
Zillow Home Value (ZHVI)$162,377

Rent

Census Median Rent$975
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-Occupied79.7%
Renter-Occupied20.3%
Homeownership Rate79.7%
Total Housing Units163
Median Year Built1938
Rent Burden51.0%