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Rental Insights for ZIP Code 81137 (Ignacio, CO)

Housing Rentals in ZIP Code 81137 (Ignacio, CO)

81137 ZIP Code in Colorado

Everything to Know About Rentals in the U.S. ZIP Code 81137

ZIP Code 81137 is primarily associated with Ignacio, CO in La Plata County. The median housing rent payment in this Colorado region is $972 per month. Approximately 30.8% of housing units in this La Plata County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 3.8%.

The median rent in ZIP Code 81137 of $972 per month is 24% lower than the aggregate Colorado median monthly rent of $1,271, and is 8% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 44.0% of renters in ZIP Code 81137 pay between $500 and $999 per month for housing. That is 85% higher than in Colorado overall, in which 23.8% of total state residents pay between $500 and $999 per month for housing. Just 2.9% of renters in ZIP Code 81137 pay between $2,000 and $2,499 for monthly rent.

ZIP Code 81137 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 81137

See the chart below for a comparison of monthly rental costs in ZIP Code 81137, Colorado, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 81137 along with those in the state of Colorado and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 81137

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 81137 Colorado U.S.
Less than $500 9.7% 6.3% 9.4%
$500 to $999 44.0% 23.8% 36.2%
$1,000 to $1,499 35.4% 35.3% 30.0%
$1,500 to $1,999 7.9% 22.5% 14.0%
$2,000 to $2,499 2.9% 8.1% 5.6%
$2,500 to $2,999 0.0% 2.5% 2.4%
$3,000 or more 0.0% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 81137

Renters in ZIP Code 81137 use an estimated 28.16% of their income to cover their monthly rent payments. That is about 7% lower than in Colorado overall. The estimate for Colorado overall is 30.4% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 81137 renters use about 6% less of their income to cover rent expense. Household income figures for ZIP Code 81137 come in lower than in Colorado as a whole. The median annual household income in ZIP Code 81137 of $51,484 sits approximately 29% lower than the overall Colorado median income of $72,331 and approximately 18% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 81137

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 81137, Colorado, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 81137 along with the same calculations in the state of Colorado and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 81137

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 81137 Colorado U.S.
Less than 15.0 percent 16.9% 10.5% 13.1%
15.0 to 19.9 percent 12.7% 12.8% 12.9%
20.0 to 24.9 percent 12.8% 13.6% 12.9%
25.0 to 29.9 percent 13.0% 12.2% 11.6%
30.0 to 34.9 percent 11.6% 9.8% 9.1%
35.0 percent or more 33.0% 41.2% 40.5%

Household Income in ZIP Code 81137

See the table below for the regional comparison of annual household income in ZIP Code 81137.

Income ZIP 81137 Colorado U.S.
Less than $10,000 9.2% 4.8% 6.0%
$10,000 to $14,999 4.1% 3.2% 4.3%
$15,000 to $24,999 7.9% 7.0% 8.9%
$25,000 to $34,999 12.8% 7.6% 8.9%
$35,000 to $49,999 14.3% 11.6% 12.3%
$50,000 to $74,999 20.2% 17.4% 17.2%
$75,000 to $99,999 12.8% 13.8% 12.7%
$100,000 to $149,999 13.2% 17.6% 15.1%
$150,000 to $199,999 3.6% 8.2% 6.8%
$200,000 or more 2.0% 8.8% 7.7%

Household Income in ZIP Code 81137

See the chart below for a comparison of annual household income figures in ZIP Code 81137, Colorado, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 81137 alongside the same figures for the state of Colorado and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 81137

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 81137.

ZIP 81137 Colorado U.S.
Median Housing Rent $972 $1,271 $1,062
Renter-Occupied Housing Units 30.8% 34.8% 36.0%
Rental Vacancy Rate 3.8% 4.8% 6.0%
Average Size of Renter-Occupied Unit 2.74 2.39 2.49
Average # of Bedrooms Per Unit 2.83 2.89 2.75
Percent of Income Spent on Rent 28.16% 30.4% 29.83%
Per Capita Income $25,880 $38,226 $34,103
Median Household Income $65,384 $96,970 $88,607
Living Below the Poverty Line 14.0% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 81137

In ZIP Code 81137 (Ignacio, CO), and estimated 30.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.8%.

The per capita income in 81137 is estimated at $25,880, which goes along with an estimated median household income of $65,384. About 14.0% of residents in this La Plata County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.74 occupants, while the units have an aggregate average size of 2.83 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.16% of their income on housing rental costs.

Rental FAQs for ZIP Code 81137

1

What is the median monthly rent in ZIP Code 81137?

Median rent for housing in ZIP Code 81137 in La Plata County in Colorado is approximately $972 per month.
2

Is it expensive to rent in ZIP Code 81137?

Rent in ZIP Code 81137 is lower than average in the state of Colorado overall. The median monthly rent of $972 in ZIP Code 81137 is approximately 24% lower than the Colorado median of $1,271. Additionally, median rent in this Ignacio, CO region ($972) is about 8% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 81137?

High-priced rentals are not common in the Ignacio, CO ZIP Code of 81137, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Colorado overall, approximately 1.5% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 81137?

Affordable rentals are more common in ZIP Code 81137 than in Colorado overall. The percentage of housing rentals in ZIP Code 81137 costing $999 or less per month (53.7%) is approximately 78% higher than the Colorado rate of 30.1% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 18% lower than the previously mentioned 81137 rate of 53.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 81137?

The most common range for rental cost in ZIP Code 81137 is between $500 and $999 per month. About 44.0% of renters in 81137 pay in this range for monthly rent. In comparison, approximately 23.8% of renters in the state of Colorado fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 81137 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 81137 is lower than the rental vacancy rate in the state of Colorado overall. Rental vacancy of 3.8% in ZIP Code 81137 is about 21% lower than the Colorado rate of 4.8%. Looking more broadly, rental vacancy in this Ignacio, CO region (3.8%) is an estimated 37% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 81137? How does it compare to other Colorado regions?

Median household income in ZIP Code 81137 is lower than in the state of Colorado overall. Annual household income of $51,484 in ZIP Code 81137 is about 29% lower than the Colorado median of $72,331. Additionally, median household income in this Ignacio, CO region ($51,484) is approximately 18% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 81137 spend on housing costs?

Renters in ZIP Code 81137 spend a lower amount of their income on rent costs than do renters in Colorado overall. Renters in ZIP Code 81137 spend an estimated 28.16% of their income on rent payments, which is about 7% lower than the overall Colorado estimated rate of 30.4%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 6% higher than the ZIP Code 81137 estimated rate of 28.16%.
9

Do renters in ZIP Code 81137 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 81137 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 81137 spending 30 percent or more of their income on rent costs (44.6%) is approximately 13% lower than the Colorado rate of 51% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 10% higher than the aforementioned 81137 rate of 44.6%.
10

What is the average household size of renter-occupied units in ZIP Code 81137?

The average household size of renter-occupied units in ZIP Code 81137 is higher than in the state of Colorado overall. Annual household size of 2.74 in ZIP Code 81137 is about 15% higher than the Colorado median of 2.39. Additionally, median household size in this Ignacio, CO region (2.74) is approximately 10% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Colorado ZIP Codes