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Parachute, CO

Area Guide

Avg Rent

$1,088

Population

1,735

Renter Mix

53% Rent

Legends, cliffs, and desert terrain in northwestern town of Parachute

Cliffs Desert Parachute

The town of Parachute is named after Parachute Creek, which flows through town and empties into the better-recognized Colorado River. Legend says that a land surveyor in 1879 noted that the river patterns of Roan Plateau resembled lines of a parachute, giving this northwest town its name. Activities include fishing, rafting, and horseback riding. Not far from the modest restaurants and I-70 is a golf course. In addition, the Book Cliffs - a desert mountain range made up of sandstone - surround Parachute.

Demographics

Median Household Income

$57,417

Average: $62,934

Education

280

Residents Have a Degree

Job Market

785

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

33 Years

Largest Age Group

25-34 Years

Approximately 16% of Residents

Under 20

30%

Over 65

13%

Housing Distribution

Parachute has more renters than homeowners.

Renters
53%
Non-Renters
47%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
12%
Other Education
88%

Rent Trends

As of May 2026, the average apartment rent in Parachute, CO is $1,088 for one bedroom, $1,278 for two bedrooms, and $1,490 for three bedrooms. Apartment rent in Parachute has increased by 4.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,088/month
733 Sq Ft
See Rental Market Trends in Parachute, CO

Getting Around

Somewhat Walkable

Walkability

20 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Bea Underwood Elementary School

Public

Grades K-5

369 Students

Grand Valley Center For Family Learning

Public

Grades PK-5

221 Students

Grand Valley Middle School

Public

Grades 6-8

241 Students

Grand Valley High School

Public

Grades 9-12

317 Students

Points of Interest

Shopping Centers

Airports

  • Grand Junction Regional

Top Apartments in Parachute

Houses for Rent in Parachute

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.