2

Colorado City, TX Homes for Rent

Section Image
  • /18

    $3,000 Per Month

    • 3 Beds
    • 2 Baths
    • 1,748 Sq Ft
    • House for Rent

    2364 Lcr 252, Colorado City, TX 79512

    Lake front home for rent. . Beautiful 3 bedroom 2 bath home located right on the water! Custom build home has central heat, vaulted ceilings and air and an open floor concept. Split bedroom plan with the primary bedroom on one side of the house and the other two bedrooms with a Jack-and-Jill bathroom between them.

    Sherry DeLoera DeLoera Realty, LLC

    2364 Lcr 252, Colorado City, TX 79512
  • /20

    $2,000 Per Month

    • 1 Bed
    • 1 Bath
    • 930 Sq Ft
    • Studio 421: Urban Edge. West Texas Soul.

    421 E 17th St, Colorado City, TX 79512

    Looking for a long-term rental in Colorado City with actual personality? Studio 421 is a one-bedroom, one-bath studio apartment unlike any other — an industrial-designed retreat carved from a 6,000 sq. ft. commercial building on a prominent corner in town, beautifully remodeled in 2023.Fully furnished and ready for immediate occupancy, this space features a rare sequestered bedroom for

    421 E 17th St, Colorado City, TX 79512

Why Live in Colorado City

Colorado City, Texas, once a bustling cattle town in the late 19th century, is now driven by agriculture, oil, and gas industries. The town is experiencing growth after decades of population decline, with a revitalizing downtown and a focus on outdoor activities. The Colorado Independent School District is highly regarded, offering strong athletic and academic programs, including dual credit classes at Colorado High School. Housing in Colorado City is affordable, with many mid to late 20th-century ranch-style homes on spacious lots, often featuring storm cellars for tornado protection. The downtown area, particularly Second Street, is seeing a resurgence with boutiques, restaurants, and cafes filling historic buildings. Bigg's Pizza and Grill is a local favorite, and the Pumpjack Saloon is set to open in 2025. Outdoor enthusiasts can explore Lake Colorado City State Park, which offers hiking, canoeing, kayaking, swimming, and fishing. Fisher Park and Ruddick Park provide additional recreational options, including horseshoe competitions and free swimming. Colorado City is conveniently located near Interstate 20, providing access to Midland, Odessa, and Abilene, with regional airports offering flights to major destinations. The town is safer than the national average, making it a practical choice for families and individuals seeking a rural lifestyle with easy access to larger cities.

Frequently Asked Questions

How much does it cost to rent a home in Colorado City, TX?
The median rent for a home in Colorado City, TX is $2,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Colorado City, TX?
To comfortably afford the median rent in Colorado City, TX, a household needs to earn roughly $80,000 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 $2,000 per month in Colorado City, TX, renters typically need to show $6,000 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 Colorado City, TX?
In Colorado City, TX, the price-to-rent ratio is 1.8, 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 Homes for Rent
2
Median Rent
$2,000
Median Single Family Home Rent
$2,000
How to Rent a Home