Grand Junction, CO at a glance
Median household income
$70,080$5,840 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Grand Junction, CO?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Grand Junction, CO? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Grand Junction, CO MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $881 | $10,572 | $35,240 | 15.1% |
| 1-Bedroom Apartment | $986 | $11,832 | $39,440 | 16.9% |
| 2-Bedroom ApartmentBenchmark | $1,249 | $14,988 | $49,960 | 21.4% |
| 3-Bedroom Home | $1,737 | $20,844 | $69,480 | 29.7% |
| 4-Bedroom Home | $2,095 | $25,140 | $83,800 | 35.9% |
What a typical income covers in Grand Junction, CO
The 50/30/20 rule applied to the local median of $70,080 a year ($5,840 a month before tax).
What $70,080 leaves after Colorado taxes
Federal income tax, Social Security, Medicare and Colorado tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Colorado
Living in Grand Junction, CO: common questions
What is the median household income in Grand Junction, CO?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Grand Junction, CO is $70,080 per year (approximately $5,840 per month).
What is the average rent in Grand Junction, CO?
The closest official figure is HUD's Fair Market Rent for 2026: $881 for a studio, $986 for one bedroom, $1,249 for two, $1,737 for three and $2,095 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Grand Junction, CO expensive to live in?
Prices there run 4.5% below the U.S. average. BEA's regional price parity for the metro area is 95.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Grand Junction, CO?
To keep a $1,249 two-bedroom under 30% of gross income, a household needs about $49,960 a year, or $4,163 a month. That is 71% of what the typical household in Grand Junction, CO earns.
How much do you need to live comfortably in Grand Junction, CO?
On the local median income of $70,080 ($5,840 a month before tax), the 50/30/20 rule leaves $2,920 a month for needs like rent, utilities and groceries, $1,752 for everything else and $1,168 for savings or debt. A two-bedroom at $1,249 takes 43% of the needs share.
How much is the electric bill in Grand Junction, CO?
Homes in Colorado paid 17.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $154. Your bill depends mostly on heating and cooling.