Green Mountain Falls, CO Condo for Rent

The median rent for a condo in Green Mountain Falls, CO is $1,040 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses are currently more expensive.

To comfortably afford the median rent in Green Mountain Falls, CO, a household needs to earn roughly $41,600 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 $1,040 per month in Green Mountain Falls, CO, renters typically need to show $3,120 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

In Green Mountain Falls, CO, the price-to-rent ratio is 34.7, 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.

The best neighborhood for renting in Green Mountain Falls, CO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Mountain Shadows, Old Colorado City, Holland Park, The Mesa and Old North End, each with its own character and price range.