Olney Springs, CO
Full City Profile · Colorado · Crowley County County
3.5
/5.0
B+
Good
550
Population
2,292/sq mi density
$52,031
Median Income
$27,755 per capita
$98,700
Home Value
$159,322 Zillow
$975
Median Rent
51.0% income on rent
52°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$52,031 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$98,700 home value, $975/mo rent
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)
$159,322
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.7%
Owner-Occupied
20.3%
Renter-Occupied
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) | $159,322 |
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-Occupied | 79.7% |
| Renter-Occupied | 20.3% |
| Homeownership Rate | 79.7% |
| Total Housing Units | 163 |
| Median Year Built | 1938 |
| Rent Burden | 51.0% |