Photo: Public domain · Public domainMeasured against area pay, Rangely costs less to live in than 87% of U.S. towns
Up 4.1% in a year, 57% below the Colorado typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Rio Blanco County, CO ($65K). How TownRatings grades cost of living
Only 1 sale in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across Rio Blanco County earn ($65K, Census 2020–24). The typical home costs 2.9 years of area income, and 21% of renters pay 30% or more of income for housing.
In dollars
- $230Ktypical home, 57% below the Colorado typical homeZillow, September 2026
- $970a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 2.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$65K, Rio Blanco County income
- 14%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 21%of renters pay 30%+ of income for housing; across Colorado: 53%Census 2020–24
- 23%of owners do; the typical U.S. town: 20%Census 2020–24
What Rangely’s housing numbers say
Still rising while Colorado slips
Over the past year the typical Rangely home gained 4.1%, while the Colorado typical home lost 1.3%. Price trend ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025 (2025 partly estimated); incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Rangely’s grade
Measured against what households in the area earn, Rangely is more affordable than 87% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Values have outpaced Colorado: the typical Rangely home is up 18.2% in five years, against 6.2% statewide (Zillow).
Up 18.2% in five years
Faster than Colorado (6.2%).
Show as a table
| January | Rangely | Colorado |
|---|---|---|
| 2017 | $168,000 | $336,000 |
| 2018 | $173,000 | $363,000 |
| 2019 | $176,000 | $386,000 |
| 2020 | $184,000 | $403,000 |
| 2021 | $187,000 | $440,000 |
| 2022 | $205,000 | $519,000 |
| 2023 | $217,000 | $544,000 |
| 2024 | $213,000 | $545,000 |
| 2025 | $222,000 | $551,000 |
| 2026 | $223,000 | $537,000 |
| September 2026 | $230,000 | $529,000 |
A typical Rangely home worth $166K in October 2016 is worth about $230K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 14% of area income
The calculator starts from the area income the grade uses. Switch to Rangely’s own median, or type yours.
That covers a typical Rangely home, with $40K to spare.
A two-bedroom rents for about $970 a month here, $320 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Rangely’s typical property tax (0.46% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $770, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Rio Blanco County, CO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Rangely in 2025. The last year with any was 2023 (1 new home).
Between the 2010 and 2020 censuses, Rangely's population fell by 66 even though 23 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Colorado: 2.5 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 1 | 1 | 0 | $550,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $225,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $360,000 |
| 2017 | 1 | 1 | 0 | $300,000 |
| 2016 | 1 | 1 | 0 | $525,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $1.2 million |
| 2013 | 2 | 2 | 0 | $568,000 |
| 2012 | 2 | 2 | 0 | $676,000 |
| 2011 | 6 | 6 | 0 | $917,000 |
| 2010 | 7 | 7 | 0 | $1 million |
| 2009 | 8 | 8 | 0 | $1.3 million |
| 2008 | 13 | 11 | 2 | $2.2 million |
| 2007 | 22 | 22 | 0 | $3 million |
| 2006 | 15 | 15 | 0 | $1.8 million |
| 2005 | 5 | 5 | 0 | $829,000 |
| 2004 | 1 | 1 | 0 | $60,000 |
| 2003 | 1 | 1 | 0 | $38,000 |
| 2002 | 1 | 1 | 0 | $38,000 |
| 2001 | 1 | 1 | 0 | $38,000 |
| 2000 | 5 | 3 | 2 | $352,000 |
Rangely's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Colorado norm
The median bill is $863 (Colorado: $2,602), 0.46% of a home’s value a year, against 0.48% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Rangely and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Rangely | A | $230K | $187K | 0.46% | $970 |
Questions about the cost of living in Rangely
Is Rangely expensive to live in?
Measured against what households in the area earn, Rangely costs less than 87% of U.S. towns: an A for cost of living. The typical home costs 2.9 years of the median household income of Rio Blanco County, CO ($65K).
How much does a house cost in Rangely?
About $230K, Zillow’s typical value for September 2026, up 4.1% in a year. The Colorado typical home is $529K.
What salary do you need to live in Rangely?
To buy the typical home with 20% down at 6.3%, about $55,000 a year, keeping the payment (about $1,290 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $39,000.
How much is rent in Rangely?
HUD puts a two-bedroom at about $970 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $770 (Census 2020–24).
What are property taxes in Rangely?
The median bill is $863 a year, 0.46% of the median home value (Colorado: $2,602, 0.48%), from the Census 2020–24.
Are home prices in Rangely going up?
Yes: up 4.1% in the past year and 18.2% in five years, against 6.2% across Colorado (Zillow).
Neighbors talk housing
What Rangely buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.