Real Estate Investing in Parachute, Colorado

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 7,155 • Garfield County

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Should you buy in Parachute, CO? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.9% of homes vacant — above national norms.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $424,357
Avg Monthly Rent $1,296
ZIP Codes 1

Investing in Parachute Real Estate

This is a distressed-leaning corner of Colorado: Parachute has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Across Parachute's 1 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

The $1,296/mo / $424K relationship in Parachute looks thin once vacancy and capex are incorporated into underwriting. leans the realized yield tends to disappoint.

Distressed-leaning demographics in Parachute — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Glenwood Springs, CO

Parachute is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Parachute, CO. Anonymous, moderated, never written by AI.

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Avg Home Value
$424,357
Avg Monthly Rent
$1,296
1% Rule
✗ Below
Landlord Friendly (CO)

📉 Market Crash Risk Index

Based on Glenwood Springs, CO metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
67%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Glenwood Springs, CO metro
0
Days to pending
6.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Parachute, CO

Screen every ZIP in Parachute

Filter Parachute’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Parachute, CO

What kind of market is Parachute, CO for investors?

Parachute, CO rates 3.0/5 for investability. With median values at $424K and rents near $1,296/mo, the market offers reasonable fundamentals for rental investors.

What is the typical renter like in Parachute, CO?

Tenant demand in Parachute, CO is solid. The local workforce $1,296/mo rents across most rental classes.

What is the typical rental rate in Parachute, CO?

Rent in Parachute, CO is around $1,296/mo. The resulting rent-to-value relationship with $424K pricing is reasonable for most investor models.

Are there empty rentals in Parachute, CO?

Vacancy risk in Parachute, CO is elevated. That supports consistent cash flow for typical rental holds.

What real estate strategy is ideal for Parachute, CO?

The best-fit strategy in Parachute, CO is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

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