Granby, CO Late Fee Limits 2026
Late fees in Granby are capped at 5% of rent ($73 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.
In Colorado, late fees must be reasonable and proportional to actual damages from late payment. The cap is 5% of rent. A 7-day grace period applies.
This applies to properties in Granby, CO. Check all requirements for your property →
Key Takeaways — Granby Late Fee Limits
- Key rule: 5% Max or Tenants Sue
- Violation risk: face a lawsuit
Late Fee Limits in Granby
Granby landlords must follow Colorado state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$1,475
median 2BR rent
5% Max or Tenants Sue
key requirement
Penalty Warning
Violate Colorado late fee limits rules in Granby and you could face a lawsuit. At Granby's median rent of $1,475/month, even a single violation adds up fast.
Granby Rental Market Context
Granby is the 114th-largest city in Colorado (population 2,256). With a median 2-bedroom rent of $1,475/month, it falls in the above-average range for Colorado rental costs — 18% above the state median of $1,246/month.
How Granby Compares in Grand County
Granby ranks #1 of 6 cities in Grand County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Late Fee Limit |
|---|---|---|---|
| Granby | 2,256 | $1,475/mo | $73 max |
| Fraser | 1,456 | $1,475/mo | $73 max |
| Kremmling | 1,445 | $1,475/mo | $73 max |
| Winter Park | 1,149 | $1,475/mo | $73 max |
| Hot Sulphur Springs | 662 | $1,475/mo | $73 max |
| Grand Lake | 405 | $1,475/mo | $73 max |
Rents based on HUD Fair Market Rents (FY2026) for Grand County, Colorado. All cities follow Colorado state law unless a local ordinance applies.
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LeaseBase automatically calculates legal maximums, enforces grace periods, and generates compliant fee notices — so you never miss a deadline.
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Late Fee Limits by Unit Size in Granby
Late fee caps scale with rent. Here's the maximum by unit type:
| Unit Size | Median Rent | Max Late Fee (5%) |
|---|---|---|
| Studio | $1,107/mo | $55 |
| 1-Bedroom | $1,318/mo | $65 |
| 2-Bedroom | $1,475/mo | $73 |
| 3-Bedroom | $1,769/mo | $88 |
Rents based on HUD Fair Market Rents (FY2026) for Grand County.
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More Granby Landlord Laws
Late Fee Limits in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Late Fee Limits checklist for Colorado landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
