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Rental Market Trends in Parachute, CO

What is the average rent in Parachute, CO?

$1,088/month

Average Rent

733 Sq Ft

Average Apartment Size

+4.9%

Increase in the Last Year

Parachute, CO Rental Market Overview

The average rent in Parachute, CO is $1,088 per month. This is 34% lower than the national average rent of $1,644/month, making renting in Parachute more affordable than most cities in the US.

  • Studio apartments in Parachute average per month.
  • One-bedroom apartments in Parachute average $1,088 per month.
  • Two-bedroom apartments in Parachute average $1,278 per month.
  • Three-bedroom apartments in Parachute average $1,490 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,088/month
733 Sq Ft
Two Bedroom
$1,278/month
968 Sq Ft
Three Bedroom
$1,490/month
1,159 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Parachute, CO?

In the past year, rent has increased by 4.9%, which averages out to $54 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Parachute, CO
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Parachute, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Parachute, CO?

Because the average rent in Parachute is $1,088, you’ll want to make about $3,626 per month or $43,512 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Parachute, CO

2 Available Apartments for Rent

Search for Nearby Apartments

How does Parachute, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Parachute, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Parachute, CO

Apartment Averages

Apartment communities in Parachute we think you'll love

6231 309rd

6231 309rd

6231 309rd,
Parachute, CO 81635

$1,900 Plus Fees

2 Beds

16 Cliff View Ct

16 Cliff View Ct

16 Cliff View Ct,
Battlement Mesa, CO 81635

$1,900 Total Monthly Price

3 Beds

1322 E 7th St

1322 E 7th St

1322 E 7th St,
Rifle, CO 81650

$2,100 Total Monthly Price

3 Beds

759 W 24th St

759 W 24th St

759 W 24th St,
Rifle, CO 81650

$2,000 Total Monthly Price

2 Beds

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United States Colorado Parachute Rental Trends

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 June 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity