Housing in Lake County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Lake County averages $1,397/month for a 2‑bedroom in 2024, compared to the Colorado median of $1,761 and the national median of $1,413. Local renters spend approximately 27% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Lake County FMR Area are $1,385 for a studio, $1,394 for 1‑bedroom, $1,829 for 2‑bedroom, $2,334 for 3‑bedroom, and $2,867 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $432 increase for a 2-bedroom in Lake County shows a 31% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Lake County was 3.5% in 2024, compared to Colorado at 4.3% and the national rate of 4.0%.

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Towns near Climax

City
County
State
Miles
Pitkin
CO
0.0
Pitkin
CO
6.1
Pitkin
CO
7.3
Pitkin
CO
11.3
Pitkin
CO
12.3
Lake
CO
21.5
Gunnison
CO
21.7
Gunnison
CO
27.4
Lake
CO
27.5
Lake
CO
28.2
Chaffee
CO
32.5
Gunnison
CO
34.3
Gunnison
CO
43.2
Gunnison
CO
43.4
Chaffee
CO
43.9
Gunnison
CO
44.9
Gunnison
CO
46.6
Chaffee
CO
50.6
Chaffee
CO
54.7
Chaffee
CO
63.4
Chaffee
CO
64.1
Gunnison
CO
64.9

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Climax, CO

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