Mortgage payment estimates, closing cost breakdowns, and homebuying data for Boulder, Colorado.
Median Home Price
$850K
Population
106K
Avg Monthly Rent
$2,250
Property Tax Rate
0.51% *
* Property tax shown is the Colorado state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Boulder.
Boulder vs Colorado Median
The median home price in Boulder is $850,000, which is 63% above the Colorado state median of $520,000.
Mortgage Calculator — Boulder, CO
Pre-filled with Boulder median home price and Colorado tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $850K home using Colorado's 0.51% tax rate and $3,200/yr insurance.
5% Down
$6,203/mo
Down: $42,500
Loan: $808K
P&I: $5,104
Tax: $361
Insurance: $267
PMI: $471
10% Down
$5,909/mo
Down: $85,000
Loan: $765K
P&I: $4,835
Tax: $361
Insurance: $267
PMI: $446
20% Down (No PMI)
$4,926/mo
Down: $170,000
Loan: $680K
P&I: $4,298
Tax: $361
Insurance: $267
Income needed (28% rule): $211K/year with 20% down, $253K/year with 10% down.
Rent vs Buy in Boulder
Rent
$2,250/mo
vs
Buy (10% down)
$5,909/mo
Price-to-rent ratio: 31.5 — At a ratio above 20, renting may be more economical in Boulder for shorter stays. Buying costs $3,659 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Boulder is $850,000, 63% above the Colorado state median of $520,000. With a population of 105,673, Boulder is a mid-size city where home prices reflect strong demand and local economic factors.
Property taxes in Colorado average 0.51% annually. This low property tax rate is a significant advantage for Boulder buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Colorado runs approximately $3,200 per year. Insurance costs are notably high — factor this into your monthly budget.
Average rent in Boulder is $2,250/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Boulder is a higher-cost market. At $850K median, buyers need significant savings or strong income. Down payment assistance through Colorado's CHFA Down Payment Assistance program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Boulder.