Real Estate Investing in Durango, Colorado (81301)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81301 (Durango, CO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 32.9 — hard to cash-flow at these prices.
What’s happening in Durango, CO (81301)?
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Market Analysis: 81301 Durango
ZIP 81301 in Durango, CO carries a healthy set of headwinds. Home values near $775K and rents of $1,966/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 81301 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 81301's metrics run below La Plata County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 81301 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 81301 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Durango:
Property Strategy for 81301
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $340,328 | $1,260 | 2.7% | +10.0% | $340,328 |
| 2BR | $562,585 | $1,650 | 2.1% | +9.4% | $281,292 |
| 3BR | $823,859 | $2,020 | 1.8% | +9.4% | $274,620 |
| 4BR | $1,124,076 | $2,410 | 1.5% | +10.2% | $281,019 |
| 5BR | $1,440,227 | — | — | +10.3% | $288,045 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 81301 Compare?
| Metric | 81301 | Durango | Durango, CO | Colorado |
|---|---|---|---|---|
| Home Value | $775,366 | $775,366 | N/A | $535,778 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 4.9% |
| Avg Rent | $1,966 | $1,966 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81301 (Durango, CO). Anonymous, moderated, never written by AI.
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Property managers serving La Plata County
Manage rentals here? List your business →AREM HOA & Property Management, LLC provides HOA management and property management services. summary from their website
Colorado Lifestyle Property Management offers property management services. summary from their website
Durango Property Management offers property management services in Durango. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $775,366 |
| Monthly Rent | $1,966 |
| Price-to-Rent | 32.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 2.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | -7.4% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +2.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 81301
Population: 29,892
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 81301
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is Durango, CO a smart market for rental property?
Durango, CO rates 3.0/5 for investability. With median values at $775K and rents near $1,966/mo, the market offers reasonable fundamentals for rental investors.
What price range are homes in Durango, CO?
Durango, CO home values average about $775K. That price point suits investors targeting rentals with $1,966/mo in monthly income.
Are rents high in Durango, CO?
Expect rents around $1,966/mo per month in Durango, CO. With home values at $775K, the yield math works out to reasonable levels for rental investors.
How qualified is the tenant pool in Durango, CO?
Tenant demand in Durango, CO is solid. The local workforce $1,966/mo rents across most rental classes.
What are vacancy rates like in Durango, CO?
Occupancy in Durango, CO runs consistent with elevated vacancy. Well-priced units at $1,966/mo lease on reasonable timelines.
You know 81301 now. You don’t know where it ranks.
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How 81301 ranks in Durango, CO
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