$1,695
Total Monthly Price
- 2 Beds
- 2 Baths
- Condo for Rent
1118 Macon Ave Unit 1118 Macon Ave, Cañon City, CO 81212
Frequently Asked Questions
How much does it cost to rent a condo in Canon City, CO?
The median rent for a condo in Canon City, CO is $1,437 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Canon City, CO?
To comfortably afford the median rent in Canon City, CO, a household needs to earn roughly $57,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,437 per month in Canon City, CO, renters typically need to show $4,311 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Canon City, CO?
In Canon City, CO, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
