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Rental Insights for ZIP Code 81211 (Buena Vista, CO)

Housing Rentals in ZIP Code 81211 (Buena Vista, CO)

81211 ZIP Code in Colorado

Everything to Know About Rentals in the U.S. ZIP Code 81211

ZIP Code 81211 is primarily associated with Buena Vista, CO in Chaffee County. The median housing rent payment in this Colorado region is $901 per month. About 23.4% of housing units in this Chaffee County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 2.2%.

The median rent in ZIP Code 81211 of $901 per month is 29% lower than the aggregate Colorado median monthly rent of $1,271, and is 15% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 50.7% of renters in ZIP Code 81211 pay between $500 and $999 per month for housing. That is 113% higher than in Colorado overall, in which 23.8% of total state residents pay between $500 and $999 per month for housing. Just 0.6% of renters in this Buena Vista, CO region pay between $2,000 and $2,499 for monthly rent.

ZIP Code 81211 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 81211

See the chart below for a comparison of monthly rental costs in ZIP Code 81211, Colorado, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 81211 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 81211

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

Cost ZIP 81211 Colorado U.S.
Less than $500 12.4% 6.3% 9.4%
$500 to $999 50.7% 23.8% 36.2%
$1,000 to $1,499 21.5% 35.3% 30.0%
$1,500 to $1,999 14.8% 22.5% 14.0%
$2,000 to $2,499 0.6% 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 81211

Renters in ZIP Code 81211 use an estimated 28.27% 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 81211 renters use about 5% less of their income to cover rent expense. Household income figures for ZIP Code 81211 come in lower than in Colorado as a whole. The median annual household income in ZIP Code 81211 of $52,813 sits approximately 27% lower than the overall Colorado median income of $72,331 and approximately 16% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 81211

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 81211, 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 81211 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 81211

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

Rent Cost as % of Income ZIP 81211 Colorado U.S.
Less than 15.0 percent 16.7% 10.5% 13.1%
15.0 to 19.9 percent 22.8% 12.8% 12.9%
20.0 to 24.9 percent 6.8% 13.6% 12.9%
25.0 to 29.9 percent 9.5% 12.2% 11.6%
30.0 to 34.9 percent 3.6% 9.8% 9.1%
35.0 percent or more 40.7% 41.2% 40.5%

Household Income in ZIP Code 81211

See the table below for the regional comparison of annual household income in ZIP Code 81211.

Income ZIP 81211 Colorado U.S.
Less than $10,000 1.1% 4.8% 6.0%
$10,000 to $14,999 10.1% 3.2% 4.3%
$15,000 to $24,999 7.3% 7.0% 8.9%
$25,000 to $34,999 14.3% 7.6% 8.9%
$35,000 to $49,999 15.0% 11.6% 12.3%
$50,000 to $74,999 17.3% 17.4% 17.2%
$75,000 to $99,999 13.5% 13.8% 12.7%
$100,000 to $149,999 13.4% 17.6% 15.1%
$150,000 to $199,999 5.7% 8.2% 6.8%
$200,000 or more 2.3% 8.8% 7.7%

Household Income in ZIP Code 81211

See the chart below for a comparison of annual household income figures in ZIP Code 81211, Colorado, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 81211 alongside the same figures for the state of Colorado and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 81211

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 81211.

ZIP 81211 Colorado U.S.
Median Housing Rent $901 $1,271 $1,062
Renter-Occupied Housing Units 23.4% 34.8% 36.0%
Rental Vacancy Rate 2.2% 4.8% 6.0%
Average Size of Renter-Occupied Unit 1.92 2.39 2.49
Average # of Bedrooms Per Unit 2.67 2.89 2.75
Percent of Income Spent on Rent 28.27% 30.4% 29.83%
Per Capita Income $25,990 $38,226 $34,103
Median Household Income $68,014 $96,970 $88,607
Living Below the Poverty Line 2.8% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 81211

In ZIP Code 81211 (Buena Vista, CO), and estimated 23.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.2%.

The per capita income in 81211 is estimated at $25,990, which goes along with an estimated median household income of $68,014. About 2.8% of residents in this Chaffee County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.92 occupants, while the units have an aggregate average size of 2.67 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 28.27% of their income on housing rental costs.

Rental FAQs for ZIP Code 81211

1

What is the median monthly rent in ZIP Code 81211?

Median rent for housing in ZIP Code 81211 in Chaffee County in Colorado is approximately $901 per month.
2

Is it expensive to rent in ZIP Code 81211?

Rent in ZIP Code 81211 is lower than average in the state of Colorado overall. The median monthly rent of $901 in ZIP Code 81211 is approximately 29% lower than the Colorado median of $1,271. Additionally, median rent in this Buena Vista, CO region ($901) is about 15% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 81211?

High-priced rentals are not common in the Buena Vista, CO ZIP Code of 81211, 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 81211?

Affordable rentals are more common in ZIP Code 81211 than in Colorado overall. The percentage of housing rentals in ZIP Code 81211 costing $999 or less per month (63.1%) is approximately 110% 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 38% lower than the previously mentioned 81211 rate of 63.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 81211?

The most common range for rental cost in ZIP Code 81211 is between $500 and $999 per month. About 50.7% of renters in 81211 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 81211 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 81211 is lower than the rental vacancy rate in the state of Colorado overall. Rental vacancy of 2.2% in ZIP Code 81211 is about 54% lower than the Colorado rate of 4.8%. Looking more broadly, rental vacancy in this Buena Vista, CO region (2.2%) is an estimated 63% 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 81211? How does it compare to other Colorado regions?

Median household income in ZIP Code 81211 is lower than in the state of Colorado overall. Annual household income of $52,813 in ZIP Code 81211 is about 27% lower than the Colorado median of $72,331. Additionally, median household income in this Buena Vista, CO region ($52,813) is approximately 16% 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 81211 spend on housing costs?

Renters in ZIP Code 81211 spend a lower amount of their income on rent costs than do renters in Colorado overall. Renters in ZIP Code 81211 spend an estimated 28.27% 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 5% higher than the ZIP Code 81211 estimated rate of 28.27%.
9

Do renters in ZIP Code 81211 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 81211 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 81211 spending 30 percent or more of their income on rent costs (44.3%) 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 11% higher than the aforementioned 81211 rate of 44.3%.
10

What is the average household size of renter-occupied units in ZIP Code 81211?

The average household size of renter-occupied units in ZIP Code 81211 is lower than in the state of Colorado overall. Annual household size of 1.92 in ZIP Code 81211 is about 20% lower than the Colorado median of 2.39. Additionally, median household size in this Buena Vista, CO region (1.92) is approximately 23% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Colorado ZIP Codes