Colorado
Conejos County
7,536 residents23 permits TTM$47,209 median HHI6 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$162,100
ACS 5-Year
Cap rate proxy
5.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.4%
HUD FMR ÷ ACS HHI
Net migration
+0.76%
IRS SOI
Permits (TTM)
23
Census BPS
Climate risk
22.9
FEMA NRI (0–100)
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 81120 | — | — | — | 4.1% | — |
| 81124 | — | — | — | 5.4% | — |
| 81129 | — | — | — | 5.4% | — |
| 81140 | — | — | — | 4.2% | — |
| 81141 | — | — | — | 5.4% | — |
Ranked by composite score
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Demographics
Owner-occupied
74.5%
Census ACS
Vacancy rate
23.3%
Census ACS
Bachelor's degree +
23.3%
Census ACS
Rent burdened
31.3%
Census ACS (>30% income)
Median age
38.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026