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Rent for a one-bedroom apartment is around $2,100. [22] Attempts to increase housing supply in Steamboat Springs have been blocked by residents. In 2010, the city council approved a plan to build thousands of condominiums in Steamboat Springs, but residents put the plan up for a ballot initiative where it was soundly defeated. [22]
The median house or condo value in 2009 was $199,114 and the median rent in 2009 was $702. An estimated 26.9% of the population over age 5 speak only Spanish at home. An estimated 48.9% of the housing are rentals, while 51.1% are owner occupied housing. [11]