Pueblo, CO Rental Market
Pueblo is southern Colorado's largest city and an emerging value market with the highest estimated rental yield in our Colorado coverage. Once primarily an industrial and steel town, Pueblo has diversified its economy with cannabis cultivation and processing, Colorado State University-Pueblo, and growing healthcare employment at Parkview Medical Center. Its very affordable home prices and steady rental demand from CSU-Pueblo students and healthcare workers create strong cash-flow potential for budget-oriented investors.
Get a rent estimate for an address in PuebloAverage Rent in Pueblo, CO
$1,120
per month · 2026-06
Market Score
Key Facts — Pueblo, CO Rental Market
- Average rent in Pueblo, CO:$1,120/mo
- Median rent:$1,030/mo
- Rent range:$550 – $2,450/mo
- Most common rental (2 bedrooms):$975/mo
- Active listings:680
- Avg days to lease:35 days
- Year-over-year change:+3.0%
- Median home value:$185,000
- Est. gross annual yield:7.3%
- Data as of:2026-06
Rent by Bedroom in Pueblo, CO
Average monthly rent for each bedroom type based on current active listings in Pueblo.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $800/mo |
2 Bedrooms | $975/mo |
3 Bedrooms | $1,250/mo |
4 Bedrooms | $1,550/mo |
5 Bedrooms | $1,775/mo |
Pueblo Rental Market Statistics
Key indicators from the current Pueblo, CO rental market.
680
Available now in Pueblo
35
From list to lease
$0.90
Average across listings
1,250 sq ft
Typical rental size
$550 – $2,450
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in Pueblo, CO Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$185,000
Typical purchase price in Pueblo
Est. Gross Annual Yield
7.3%
Before expenses & vacancy
Avg Monthly Income
$1,120
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Pueblo for a full cash-flow breakdown including all costs.
Pueblo, CO Rental Market FAQ
Common questions about renting and investing in Pueblo, CO.
What is the average rent in Pueblo, CO?
The average rent in Pueblo, CO is $1,120 per month as of 2026 — the most affordable in our Colorado coverage. One-bedroom apartments average $800/mo, two-bedrooms average $975/mo, and three-bedroom homes average $1,250/mo. The Belmont, Bessemer, and university-adjacent neighborhoods offer the most consistent rental demand, while historic Union Avenue has seen recent revitalization.
Is Pueblo, CO a good place to invest in rental property?
Pueblo delivers Colorado's highest estimated gross yield at 7.3%, driven by a $185,000 median home value — among the lowest in the state. CSU-Pueblo's student population, Parkview Medical Center employment, and a growing cannabis industry provide tenant demand across multiple income levels. The market is best suited for investors seeking maximum cash flow and affordable acquisition costs in a smaller, slower-growth environment.
How competitive is the Pueblo, CO rental market?
Pueblo has approximately 680 active listings and averages 35 days on market — a slower pace than the Denver metro but appropriate for a market of its size. Properties near CSU-Pueblo and Parkview Medical Center lease fastest. The cannabis industry's growth has created additional demand from agricultural and processing workers, particularly for affordable 2- and 3-bedroom units in central Pueblo neighborhoods.
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