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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Crested Butte, CO Housing Affordability Index

Crested Butte, Colorado has an MBR Housing Affordability Index score of 60.8 (Significantly Less Affordable) as of October 30, 2026, ranking 280th most affordable of 284 scored Colorado cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $1,010,600 home with 20% down, the Colorado average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $5,550, or 89% of the city’s $74,479 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Crested Butte is updated every night from live Colorado mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Crested Butte MBR-HAI 60.8 Significantly Less Affordable
Rank in Colorado 280 of 284 1 = most affordable
Colorado 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Colorado lenders
Median home value $1,010,600 U.S. Census Bureau

Crested Butte is 22.5 points below the Colorado score. Scores as of October 30, 2026. See the Colorado index

View Crested Butte Mortgage Rates

What It Takes to Buy in Crested Butte

$5,550/mo
Principal & Interest
Median home, 20% down, 7.31%
$237,900
Income Needed
To keep the payment at 28% of income
$74,479
Median Household Income
Colorado: $95,470
13.6x
Price-to-Income Ratio
Colorado: 5.6x
$1,455/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,692/yr
Median Property Tax
0.37% of median value
40.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
53.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Crested Butte, Colorado. The rate is the Colorado average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

How Crested Butte Ranks in Colorado

Least affordable in Colorado
#280Crested Butte60.8
#281Basalt60.1 #282Boulder58.8 #283Red Cliff58.3 #284Towaoc56.3
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Cite the Crested Butte Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Crested Butte, Colorado score: 60.8 (Significantly Less Affordable), ranked 280 of 284 Colorado cities. monitorbankrates.com/housing-affordability-index/colorado/crested-butte”