Grand Junction, CO Housing Market: Home Prices & Rent
Grand Junction, CO home values since 2000
Last few years
Rent in Grand Junction, CO
Owning vs renting, monthly
Buying the typical Grand Junction, CO home with 20% down at this week's 7.32% 30-year rate costs about $2,892/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,730/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Grand Junction, CO vs Colorado vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $429k | +1.6% | $1,730/mo |
| Colorado | $529k | -1.3% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Grand Junction, CO?
No - the typical Grand Junction, CO-area home value is up 1.6% over the past 12 months, at $429k (September 2026).
Is the Grand Junction, CO housing market crashing?
Home values are close to their 2020s high and up 1.6% over the past year - a rising market, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Grand Junction, CO?
Typical rent in the Grand Junction, CO metro is $1,730 a month (September 2026), +0.7% over 12 months.
How much income do you need to buy a home in Grand Junction, CO?
About $113k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Denver, CO · Colorado Springs, CO · Fort Collins, CO · Boulder, CO · Raleigh, NC · Lexington Park, MD · Anchorage, AK · Las Vegas, NV
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Grand Junction, CO metro area. How we calculate.