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Colorado City, TX Homes for Rent

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    $2,485 Per Month

    • 2 Beds
    • 2 Baths
    • 820 Sq Ft
    • Property for Rent

    1915 Melodie Ln, Colorado City, TX 79512

    Fully furnished including utilities, satellite TV, and internet.The house is furnished with the following: Master Bedroom - 1 full size bed and 1 twin bed, Bedroom 2 - 1 full size bed and 1 twin bed. Houses are located about a 1/3 mile off I-20. Fully furnished with bedding, towels, kitchenware, washer & dryer. Ideal for someone moving to the area for work or for a company to rent for employees.

    Antony Handal Inner Loop Realty

    1915 Melodie Ln, Colorado City, TX 79512
  • /10

    $790 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    832 Chestnut St, Colorado City, TX 79512

    COMING SOON!1-bedroom, 1-bath duplex with new heating and air, abundant natural light, and large master bedroom. Rent is $790 per month with a $790 security deposit. If interested, please visit cedarbendproperties. com for more information and to apply online free of charge.

    832 Chestnut St, Colorado City, TX 79512
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    $1,490 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Townhouse for Rent

    848 Chestnut St, Colorado City, TX 79512

    FURNISHED 1 BEDROOD, MOVE IN READY 9/25/26This is a 1/1 corner duplex furnished with a minimum 2-month lease. The furnishings include all appliances, couch, tv, coffee table, dining table, queen-sized bed and side tables. Fully remodeled in 2022 1-bedroom, 1-bath unit with new heating and air, abundant natural light, and large master bedroom. Recent renovations include newly painted kitchen

    848 Chestnut 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 $1,490 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
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 $59,600 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 $1,490 per month in Colorado City, TX, renters typically need to show $4,470 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 2.1, 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
3
Median Rent
$1,490
Median Single Family Home Rent
$1,638
Median Townhouse Rent
$1,490
How to Rent a Home