What is the cheapest Colorado city to buy an investment property?

Of the 15 cities on this list, Pueblo has the lowest median closed price at $239,000, measured across 887 closings tracked inside the city limits.

Which affordable Colorado market has the most transaction volume?

Colorado Springs, with 4,328 tracked closings and a median closed price of $450,000. More closings means a deeper comparable set to price against.

Do these rankings include rent or cash flow figures?

No. Resideline does not have verified rent data for these cities, so this page ranks on entry price and transaction volume only. Publishing yields or cash-on-cash figures without rent data would be invention rather than analysis.

Do these figures cover the city or the wider postal area?

The city. Every median and count here describes closings inside the municipal boundary, which is usually a smaller and different footprint from the postal area that shares the name.

Best Places to Buy Rental Property in Colorado (2026)

There is no honest way to rank Colorado cities by rental return without rent data, and this page does not have it. What it does have is transaction evidence: the median price homes actually closed at inside each city's limits, and how many closings happened. That answers the two questions that come before any cash flow analysis, what it costs to get in and whether you can get back out.

What this page measures, and what it does not

Every city below cleared at least 100 closings in its reporting window, which filters out markets too thin to read. They are ranked cheapest first by median closed price, from $239,000 to $527,650. You will not find rent estimates, rent-to-price ratios, cap rates, cash-on-cash projections or gross yield rankings here. Resideline does not have verified rent data for these cities, so publishing those numbers would be invention rather than analysis. Entry price and transaction volume are what the data supports. Every figure describes closings inside the city limits, not the wider postal area that shares the city's name. The two can differ a lot: a postal area usually reaches into surrounding townships, which pulls the median toward whatever those townships are worth. Colorado's statewide median closed price is $545,000 across 55,364 tracked closings.

The rankings

City	Median closed price	Closings tracked	Window
Pueblo	$239,000	887	6 months
Canon City	$348,500	287	6 months
Pueblo West	$397,500	293	6 months
Greeley	$412,000	767	6 months
Grand Junction	$424,700	767	6 months
Montrose	$435,000	318	6 months
Colorado Springs	$450,000	4,328	6 months
Northglenn	$451,000	253	6 months
Aurora	$452,000	3,131	6 months
Commerce City	$489,995	678	6 months
Johnstown	$490,000	391	6 months
Loveland	$490,000	890	6 months
Brighton	$501,750	382	6 months
Thornton	$514,945	1,078	6 months
Westminster	$527,650	704	6 months

1. Pueblo, $239,000, 887 closings

At $239,000 the entry price is about 44 percent of the Colorado median. Resideline tracked 887 closings there over the last last six months, roughly 148 a month. About 89 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Pueblo market page.

2. Canon City, $348,500, 287 closings

At $348,500 the entry price is about 64 percent of the Colorado median. Resideline tracked 287 closings there over the last last six months, roughly 48 a month. About 94 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Canon City market page.

3. Pueblo West, $397,500, 293 closings

At $397,500 the entry price is about 73 percent of the Colorado median. Resideline tracked 293 closings there over the last last six months, roughly 49 a month. About 90 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Pueblo West market page.

4. Greeley, $412,000, 767 closings

At $412,000 the entry price is about 76 percent of the Colorado median. Resideline tracked 767 closings there over the last last six months, roughly 128 a month. Full detail is on the Greeley market page.

5. Grand Junction, $424,700, 767 closings

At $424,700 the entry price is about 78 percent of the Colorado median. Resideline tracked 767 closings there over the last last six months, roughly 128 a month. About 81 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Grand Junction market page.

6. Montrose, $435,000, 318 closings

At $435,000 the entry price is about 80 percent of the Colorado median. Resideline tracked 318 closings there over the last last six months, roughly 53 a month. About 88 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Montrose market page.

7. Colorado Springs, $450,000, 4,328 closings

At $450,000 the entry price is about 83 percent of the Colorado median. Resideline tracked 4,328 closings there over the last last six months, roughly 721 a month. About 82 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Colorado Springs market page.

8. Northglenn, $451,000, 253 closings

At $451,000 the entry price is about 83 percent of the Colorado median. Resideline tracked 253 closings there over the last last six months, roughly 42 a month. About 80 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Northglenn market page.

9. Aurora, $452,000, 3,131 closings

At $452,000 the entry price is about 83 percent of the Colorado median. Resideline tracked 3,131 closings there over the last last six months, roughly 522 a month. Full detail is on the Aurora market page.

10. Commerce City, $489,995, 678 closings

At $489,995 the entry price is about 90 percent of the Colorado median. Resideline tracked 678 closings there over the last last six months, roughly 113 a month. About 87 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Commerce City market page.

11. Johnstown, $490,000, 391 closings

At $490,000 the entry price is about 90 percent of the Colorado median. Resideline tracked 391 closings there over the last last six months, roughly 65 a month. About 93 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Johnstown market page.

12. Loveland, $490,000, 890 closings

At $490,000 the entry price is about 90 percent of the Colorado median. Resideline tracked 890 closings there over the last last six months, roughly 148 a month. Full detail is on the Loveland market page.

13. Brighton, $501,750, 382 closings

At $501,750 the entry price is about 92 percent of the Colorado median. Resideline tracked 382 closings there over the last last six months, roughly 64 a month. About 88 percent of those closings are houses, so the figure describes that segment rather than every property type. Full detail is on the Brighton market page.

14. Thornton, $514,945, 1,078 closings

At $514,945 the entry price is about 94 percent of the Colorado median. Resideline tracked 1,078 closings there over the last last six months, roughly 180 a month. Full detail is on the Thornton market page.

15. Westminster, $527,650, 704 closings

At $527,650 the entry price is about 97 percent of the Colorado median. Resideline tracked 704 closings there over the last last six months, roughly 117 a month. Full detail is on the Westminster market page.

How to use this list

Treat it as a shortlist, not an answer. A citywide median cannot price a specific address: property type, size, condition and location move a number far more than the city line does. Run any address on this list through Resideline for the comparable set behind its value.

Figures last updated August 23, 2026 from closings Resideline tracked.