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Cortez, CO Home Values and Rents

The typical home value in Cortez is $338,479, 183rd highest of 216 cities and towns in Colorado. Median rent is $1,747 a month.

Typical home value
$338,479
183rd of 216 in CO
Median rent
$1,747/mo
Zillow observed rent
Price change, 1 year
+0.9%
Sep 2026
Homeownership
65.6%
CO: 66.2%

Typical home value in Cortez

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodCortez
Sep 2026$338,479
Dec 2025$337,706
Dec 2024$332,535
Dec 2023$322,258
Dec 2022$322,938
Dec 2021$295,145
Dec 2020$247,176
Dec 2019$224,580
Dec 2018$209,105
Dec 2017$199,407
Dec 2016$187,823
Dec 2015$180,674
Dec 2014$170,159
Dec 2013$165,789
Dec 2012$164,859

Over five years, Cortez prices changed +20.2%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Montezuma County, CO

CO rents
Unit sizeMonthly rentvs FY2026
Studio$953+11.9%
1 bedroom$1,025+13.1%
2 bedrooms$1,280+8.5%
3 bedrooms$1,772+12.9%
4 bedrooms$1,988+7.5%

Frequently asked questions

What is the typical home value in Cortez, CO?
The typical home value in Cortez is $338,479 (Zillow Home Value Index, Sep 2026). The Colorado median is $539,400.
How much is rent in Cortez?
The median rent in Cortez is $1,747 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,280.
Are home prices going up in Cortez?
The typical home value in Cortez changed +0.9% over one year and +20.2% over five years, as of Sep 2026.
How does Cortez compare with the rest of Colorado?
Cortez has the 183rd highest median home value of 216 cities and towns with 1,000+ residents in Colorado.