Grand Junction, CO housing market
Typical home value
$420K
▲ 1.4% 1 yr
Typical rent
$1,783/mo
▲ 0.8% 1 yr
Gross rent yield
5.1%
U.S. 6.3%
5-year home value change
+22%
U.S. +20%
Key takeaways
- 1The typical home in Grand Junction is worth $419,825, up 1.4% over the past year and up 22% over five years.
- 2Typical rent is $1,783 a month (+0.8% YoY), a gross rent yield of 5.1% (above the Grand Junction, CO metro's 4.8%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,307/mo, $524 more than typical rent.
- 4Zillow forecasts the Grand Junction, CO metro's home values to change +1.7% over the next 12 months.
Market temperature (Grand Junction, CO metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 16/100, #546 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Grand Junction compares
| Measure | Grand Junction | Grand Junction, CO metro | United States |
|---|---|---|---|
| Typical home value | $419,825 | $428,680 | $366,157 |
| Home value, 1-yr change | +1.4% | +1.6% | +1.2% |
| Typical rent | $1,783 | $1,730 | $1,932 |
| Rent, 1-yr change | +0.8% | +0.6% | +2.7% |
| Gross rent yield | 5.1% | 4.8% | 6.3% |
| Price-to-rent ratio | 19.6 | 20.6 | 15.8 |
| Mortgage P&I, typical home | $2,307 | $2,356 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Grand Junction rental, pre-filled.
Rent vs buy in Grand Junction
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $420K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.