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Steamboat Springs city, CO

ZIP 80487 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80487

Median Home Value
$915,900
Median Rent
$1,862
Affordability Snapshot
$252,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,883/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

41.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 80487 in Steamboat Springs city, CO, a household would need roughly $252,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,883. That is about 136% above the local median household income ($106,837), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 41% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.7%+13% vs US avg
x
Vacancy Rate
40.9%+297% vs US avg
x
Broadband Access
91.6%+5% vs US avg
x
4+ Bedrooms
7.8%-47% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
26.3%-47% vs US avg
x
Mortgage-Free
33.0%-14% vs US avg
x
$915,900
Home Value
$1,862
Rent
1993
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached42.3%
  • 1-unit attached14.4%
  • 2-9 units11.0%
  • 10+ units27.4%
  • Mobile home & other4.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$915,900
Median rent$1,862
Owner-occupied73.7%
Vacant40.9%
Price-to-income8.6x
Est. income to buy$252,000