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Rental Property Investment Guide: Breckenridge, CO

Updated 2026 · Based on median market data for Breckenridge, CO

Cap Rate
2.72%
Median Price
$975K
Rent/Mo
$3,440
1% Rule
0.35%
Fails

Market Snapshot

Breckenridge sits in the West with a population of 50,000 growing rapidly at 1.3% annually. The median home costs $975,000 while rents average $3,440/mo, producing an estimated cap rate of 2.72%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.

Who Should Invest Here

Breckenridge works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 2.72% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.

Deal Criteria for Breckenridge

Target properties priced 15-25% below the $975,000 median — around $780,000 or less. At this price point with $3,440/mo rents, your cap rate improves to roughly 3.7%. Factor in 0.51% property taxes ($4,973/yr), budget 5% of gross rent for maintenance, and underwrite to a 4.9% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $5,701.

Risks and Considerations

Higher price points mean more capital at risk and tighter cash flow margins — ensure you have adequate reserves. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.

Next Steps

Run the numbers on a specific Breckenridge property using our cap rate calculator (pre-filled with Breckenridge data). Compare Breckenridge against similar markets in the West region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.

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How Breckenridge Compares

Breckenridge vs Colorado state average and national average across key investment metrics. Breckenridge's cap rate is below both benchmarks — deal sourcing is critical here.

Metric
Breckenridge
Colorado Avg
National Avg
Cap Rate
2.72%
2.75%
3.81%
Median Price
$975K
$611K
$333K
Median Rent
$3,440
$2,042
$1,524
Property Tax
0.51%
0.51%
1.08%
Vacancy
4.9%
4.9%
5.6%
Pop. Growth
1.3%/yr
1.3%/yr
0.9%/yr

Nearby West Markets

City
Cap Rate
Price
Rent
Tax
Breckenridge, CO
2.7%
$975K
$3,440
0.51%
Santa Maria, CA
2.3%
$975K
$3,280
0.75%
Glenwood Springs, CO
2.1%
$960K
$2,880
0.51%
Kahului, HI
3.0%
$990K
$3,510
0.28%
Palmdale, CA
1.9%
$955K
$2,880
0.76%

Frequently Asked Questions

Is Breckenridge, CO a good place to invest in rental property?
Breckenridge has an estimated cap rate of 2.72%, which is below the national average of 3.81%. With median home prices at $975K and rents of $3,440/mo, pure cash flow investing in Breckenridge is challenging at median prices, but value-add strategies can work. Population growth of 1.3% and 4.9% vacancy rate indicate healthy tenant demand.
What is the average cap rate in Breckenridge?
The estimated cap rate for Breckenridge is 2.72%, based on median home prices of $975K, median rents of $3,440/mo, a 0.51% property tax rate, and 4.9% vacancy. This compares to a 2.75% average across Colorado and 3.81% nationally. Cap rates for individual properties will vary based on purchase price, actual rents, and property condition.
How much does a rental property cost in Breckenridge?
The median home price in Breckenridge is $975,000, which is 192% above the national average of $333,419. A 20% down payment would be approximately $195,000. Investment properties in Breckenridge range significantly — targeting properties 15-25% below median can improve your cap rate substantially.
What are Breckenridge property taxes for investors?
Breckenridge's effective property tax rate is 0.51%, which is above the Colorado average of 0.51% and below the national average of 1.08%. On a $975K property, annual taxes are approximately $4,973 ($414/mo). Low property taxes are a significant cash flow advantage here.
Full Breckenridge Analysis →Cap Rate CalculatorBRRRR Calculator

Explore Breckenridge & Related Markets

More Breckenridge Guides

Rent AnalysisProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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