How much house can I afford on $300,000 in Colorado?
About $1,109,000 with 20% down ($877,000 with an FHA loan), using Colorado's 0.52% property tax rate.
That is $579,630 more than the typical Colorado home ($529,013), so a $300,000 salary can buy a typical home here. The payment of $7,000 covers $5,966 principal and interest, $479 property tax and $554 insurance.
Counties in Colorado you can afford on $300,000
58 of 62 counties have a typical home value at or below $1,109,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Summit County | $969,592 | +0.5% | 0.32% |
| Ouray County | $791,603 | +4.4% | 0.28% |
| Grand County | $742,708 | -0.9% | 0.34% |
| Gunnison County | $723,157 | +3.6% | 0.29% |
| Boulder County | $706,773 | -0.4% | 0.53% |
| Garfield County | $704,470 | +3.1% | 0.42% |
| Douglas County | $694,570 | -1.3% | 0.55% |
| Chaffee County | $686,577 | +1.2% | 0.29% |
| La Plata County | $678,547 | +2.9% | 0.26% |
| Elbert County | $675,289 | -2.0% | 0.45% |
| Broomfield County | $613,654 | -0.7% | 0.6% |
| Jefferson County | $606,904 | -1.6% | 0.48% |
| Archuleta County | $565,035 | -0.8% | 0.35% |
| Clear Creek County | $549,459 | -1.1% | 0.39% |
| San Juan County | $548,587 | +3.5% | 0.32% |
| Larimer County | $545,602 | -0.3% | 0.5% |
| Gilpin County | $532,990 | -4.1% | 0.23% |
| Denver County | $528,188 | -1.8% | 0.45% |
| Park County | $514,002 | -1.3% | 0.33% |
| Lake County | $509,347 | +2.4% | 0.42% |
| Arapahoe County | $499,630 | -2.1% | 0.52% |
| Weld County | $488,305 | -2.0% | 0.52% |
| Hinsdale County | $475,661 | +0.4% | 0.31% |
| Adams County | $472,857 | -2.6% | 0.61% |
| Teller County | $472,557 | -1.3% | 0.35% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 0.52% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Colorado
Frequently asked questions
How much house can I afford on $300,000 in Colorado?
About $1,109,000 with 20% down at 7.11%, keeping the payment (with Colorado's 0.52% property tax and insurance) under $7,000 a month.
Is $300,000 enough to buy a house in Colorado?
Yes: the typical Colorado home is worth $529,013 (Zillow, September 2026) and $300,000 supports about $1,109,000. 58 of 62 counties are within budget.