Rent or Buy in Highlands Ranch?
In 2026, the median home price in Highlands Ranch is $655,000 and average rent is $2,515. Let's run the numbers.
Highlands Ranch Calculator
Pre-loaded with Highlands Ranch averages. Adjust to match your specific scenario.
Start Your Calculation
Enter your details below to see the true cost of renting vs buying.
Market Analysis: Highlands Ranch
The Verdict for 2026
Based on the price-to-rent ratio of 4.6%, buying could be a solid move in Highlands Ranch if you plan to stay for at least 5-7 years. Rents are high enough that locking in a mortgage payment might save you money over time.
Key Market Data
- Median Home Price: $655,000 (as of 2025-11-30)
- Average Rent: $2,515/month
- Homes Sold: 78 per month
- Days on Market: 46 days median
Financial Calculators for Highlands Ranch, Colorado
Use our specialized calculators to make informed decisions about buying in Highlands Ranch, Colorado.
Frequently Asked Questions
Is Highlands Ranch a good place to buy a house in 2026?
Yes, Highlands Ranch can be a strong buy market. With a price-to-rent ratio of 4.6%, monthly rents are high enough that locking in a mortgage payment makes financial sense if you plan to stay 5+ years. The median home price of $655,000 offers good value compared to rental costs.
How much do you need to earn to buy a home in Highlands Ranch?
Based on the median home price of $655,000, you'll typically need an annual household income of $2201K-$2830K to qualify for a mortgage (using the 28/36 rule). With a 20% down payment ($131K), your monthly payment would be approximately $3,057 at current interest rates.
What are the hidden costs of buying in Highlands Ranch?
Beyond your mortgage, budget for property taxes (typically 1-2% of home value annually in Colorado), homeowners insurance ($1,200-$2,500/year), maintenance (1-2% of home value annually), HOA fees if applicable, and closing costs (1.5% when buying, 6% when selling). Our calculator above factors in all these costs for an accurate comparison.
How long until buying pays off in Highlands Ranch?
The break-even point in Highlands Ranch typically ranges from 5-7 years, depending on your down payment, interest rate, and how long you stay. Use our calculator above with your specific numbers to find your exact break-even year. Factors like Highlands Ranch's projected 3-4% annual appreciation rate and $2,515/month average rent significantly impact this timeline.
Should I rent or buy in Highlands Ranch if I'm only staying 2-3 years?
For short stays of 2-3 years, renting is almost always the better financial choice in Highlands Ranch. Closing costs when buying (1.5%) and selling (6%) mean you'll spend roughly $49K just on transaction fees. You'd need significant home appreciation to offset these costs in such a short timeframe. Renting preserves your flexibility and avoids these upfront expenses.