$1,350
Total Monthly Price
- 2 Beds
- 2 Baths
- 950 Sq Ft
- Condo for Rent
869 Iowa Ave Unit 3, Palisade, CO 81526
Frequently Asked Questions
How much does it cost to rent a condo in Palisade, CO?
The median rent for a condo in Palisade, CO is $1,480 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Palisade, CO?
To comfortably afford the median rent in Palisade, CO, a household needs to earn roughly $57,600 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 $1,440 per month in Palisade, CO, renters typically need to show $4,320 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 Palisade, CO?
In Palisade, CO, the price-to-rent ratio is 28.1, 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.
What neighborhoods in Palisade, CO are best for renting a condo?
The best neighborhood for renting in Palisade, CO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Grand Junction and North Grand Junction, each with its own character and price range.
