Durango, Colorado.
Typical home $754,540 (+3.5% in a year), asking rent $1,940 (+0.8%). Durango, CO metro.
to buy the typical home at today's mortgage rate — +$2,293 (+138%) since Jan 2020.
- 1 year
- Up $25,335 +3%
- $729,205$754,540 since Sep 2025
- 5 years
- Up $196,002 +35%
- $558,538$754,540 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Durango$3,960
- Colorado$2,777
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Durango, CO rose 3.5% over the past year — faster than the nation's +1.2%.
Asking rents in Durango, CO rose 0.8% over the past year — slower than the nation's +2.7%.
Owning the typical home in Durango runs $2,993/mo more than renting one — the widest that gap has been in this data.
That is $4,933 a month against $1,940 rent: a $3,960 mortgage payment, plus $165 property tax and $808 insurance & upkeep.
Owning vs renting — Durango
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,933
- Renting$1,940
- Mortgage only$3,960
Property tax · $165/mo 0.26% of value a year — the ACS 2020-2024 median bill over the median home value for La Plata County, CO
Insurance & upkeep · $808/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Durango, La Plata County, Colorado
Durango is a city of 19,071 people in La Plata County. Half its households earn more than $78,602 a year and half less, against $86,056 across La Plata County; 13% of its people live below the poverty line. 53% of its homes are lived in by their owners and 47% are rented. Unemployment in La Plata County was 4.1% in August 2026, and the county had 1.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Durango is a small city with a fairly young population, and a large share of adults hold a four-year degree. More homes are lived in by their owners than rented, though the margin is narrow, and typical home values and rents sit well above what many households here earn. Incomes in town run below the county's, and winters are cold and snowy, with a good deal of snow each year and summers that turn warm in July.
Work. Residents mostly work in schools, hospitals and social care, in restaurants, hotels and entertainment, in shops, and in professional and business services. Among the largest workplaces in Durango are Fort Lewis College, the Durango school district and Animas Surgical Hospital. Commutes are short, and a fair number of people work from home. Unemployment across La Plata County is a little higher than a year ago, while the county has added jobs over the past year.
Things to do. The Durango and Silverton Narrow Gauge Railroad is a museum in or beside town, and the Durango Discovery Museum is there too. Lake Nighthorse is a lake a short drive away. For more time outdoors, San Juan National Forest is a protected area a longer drive away, as is Hesperus Ski Area for winter days.
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- 8,916households
- 60%of adults have a degree
- 13%below the poverty line
- 14 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. La Plata County had 27,353 jobs in 2025, 1.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 13°; warmest in July, with highs near 85° and lows near 53°. About 64 inches of snow and 20 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Durango weather station, 2 miles away (NOAA).
Largest workplaces in Durango
- Conservation LegacyNatural resource preservation organizations2,377
- Durango School District No. 9-RSchool district844FTE
- Fort Lewis CollegeUniversity or college675
- Durango Coca Cola Bottling CoSoft drinks merchant wholesalers125
- King SoopersSupermarkets and other grocery except convenience stores122
- Animas Surgical HospitalGeneral hospital121FTE
- La Plata Electric AssociationDistribution of electric power118
- Durango Health and RehabilitationSkilled nursing facilities109
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 19 workplaces with 20 or more staff, 3,534 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Inland floodingVery high
- WildfireRelatively high
- AvalanchesRelatively moderate
- Winter weatherrelatively high in parts of DurangoRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Durango’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on La Plata County and the Durango, CO metro.
Durango home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Durango$754,540
- Colorado$529,013
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Durango listings, and the typical home goes pending in 47 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Durango23.63%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Durango47
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Durango410
New listings per month
Sellers arriving at the market.
- Durango79
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Durango$794,690
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Durango97.56%
Zip codes with a Durango address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Durango — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Durango
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 81301 | Durango | 29,774 | $2,001 | $765,173 |
| 81303 | Durango | 10,236 | $1,796 | $699,846 |