2

Studio Condos for Rent in Aspen, CO

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  • /9

    $3,350

    Total Monthly Price

    • Studio
    • 1 Bath
    • Studio near Downtown Aspen

    914 Waters Ave Unit 6, Aspen, CO 81611

    Welcoming and charming studio apartment at the base of Aspen Mountain and walking distance from Downtown. This is a perfect spot for skiing in the winter and hiking, biking, and sightseeing in the summer. There is a coin operated laundry room on site as well as an extra storage area. This studio is available for $3350 a month plus utilities.Link to 3D Virtual Tour: Integrated

    914 Waters Ave Unit 6, Aspen, CO 81611
  • /20

    $7,500

    Total Monthly Price

    • Studio
    • 1 Bath
    • Condo for Rent

    700 S Monarch St Unit 207, Aspen, CO 81611

    Refreshed Top-Floor Studio with Ski-In Access & Downtown Convenience. Four minutes to the Gondola, two blocks to downtown - this top-floor studio puts you at the heart of Aspen. A freshly updated unit in a prime location offers the perfect Aspen landing for all your mountain adventures! Featuring ski-in access, Red Mountain views, new flooring, fresh paint, an updated bathroom, and a new range,

    700 S Monarch St Unit 207, Aspen, CO 81611

Frequently Asked Questions

How much does it cost to rent a condo in Aspen, CO?
The median rent for a condo in Aspen, CO is $20,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Aspen, CO?
To comfortably afford the median rent in Aspen, CO, a household needs to earn roughly $1,400,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $35,000 per month in Aspen, CO, renters typically need to show $105,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Aspen, CO?
In Aspen, CO, the price-to-rent ratio is 4.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$20,000
Median 1 Bedroom Condo Rent
$8,250
Median 2 Bedroom Condo Rent
$19,000
Median 3 Bedroom Condo Rent
$30,000
How to Rent a Home