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Oak Creek, CO Late Fee Limits 2026

Late fees in Oak Creek are capped at 5% of rent ($101 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 Oak Creek, CO. Check all requirements for your property →

Key Takeaways — Oak Creek Late Fee Limits

  • Key rule: 5% Max or Tenants Sue
  • Violation risk: face a lawsuit

Late Fee Limits in Oak Creek

Oak Creek landlords must follow Colorado state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.

$2,022

median 2BR rent

5% Max or Tenants Sue

key requirement

Penalty Warning

Violate Colorado late fee limits rules in Oak Creek and you could face a lawsuit. At Oak Creek's median rent of $2,022/month, even a single violation adds up fast.

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Oak Creek Rental Market Context

Oak Creek is the 160th-largest city in Colorado (population 858). With a median 2-bedroom rent of $2,022/month, it falls in the premium range for Colorado rental costs — 62% above the state median of $1,246/month.

How Oak Creek Compares in Routt County

Oak Creek ranks #3 of 4 cities in Routt 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
Steamboat Springs 13,508 $2,022/mo $101 max
Hayden 1,919 $2,022/mo $101 max
Oak Creek 858 $2,022/mo $101 max
Yampa 394 $2,022/mo $101 max

Rents based on HUD Fair Market Rents (FY2026) for Routt County, Colorado. All cities follow Colorado state law unless a local ordinance applies.

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Late Fee Limits by Unit Size in Oak Creek

Late fee caps scale with rent. Here's the maximum by unit type:

Unit SizeMedian RentMax Late Fee (5%)
Studio$1,726/mo$86
1-Bedroom$1,845/mo$92
2-Bedroom$2,022/mo$101
3-Bedroom$2,424/mo$121

Rents based on HUD Fair Market Rents (FY2026) for Routt County.

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Late Fee Limits in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Yampa, CO
Pop. 394
Steamboat Springs, CO
Pop. 13,508
Hayden, CO
Pop. 1,919
Kremmling, CO
Pop. 1,445
Craig, CO
Pop. 9,049

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How we researched this page: Late fee limits rules are based on Colorado state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Routt County. Last updated: August 2026.
RA

Reviewed 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.