Median rents, rental comps, and market trends across 17 zip codes in Denver, CO.
High demand and an educated renter base, but tenants here are price-sensitive because everything else already costs a fortune. Rent too high and they'll move to Colorado Springs and tell everyone they made a lifestyle choice.
Median Asking Rent
$1,592
Rent Change (YoY)
-7.7%
Avg Days on Market
33
Active Rental Listings
4,422
Median List Price
$600,000
Average across 17 zip codes
ZIP | Median Rent |
|---|---|
| 80238 | $2,900/mo |
| 80239 | $2,555/mo |
| 80207 | $2,400/mo |
| 80221 | $2,331/mo |
| 80204 | $1,995/mo |
| 80212 | $1,995/mo |
| 80202 | $1,858/mo |
| 80211 | $1,795/mo |
| 80223 | $1,788/mo |
| 80205 | $1,720/mo |
| 80219 | $1,595/mo |
| 80210 | $1,525/mo |
| 80209 | $1,465/mo |
| 80206 | $1,441/mo |
| 80220 | $1,395/mo |
| 80218 | $1,275/mo |
| 80203 | $1,145/mo |
Get rental comps for any property in Denver
Search any address for rent estimates and comparable rentals.
| Unit Size | Median Rent |
|---|---|
| Studio | $1,190/mo |
| 1 Bedroom | $1,300/mo |
| 2 Bedroom | $2,050/mo |
| 3 Bedroom | $2,900/mo |
| 4 Bedroom | $3,498/mo |
Aggregated median across all Denver zip codes with available data.
| ZIP | Median List Price |
|---|---|
| 80209 | $1,050,000 |
| 80210 | $949,000 |
| 80206 | $895,000 |
| 80212 | $825,000 |
| 80211 | $789,000 |
| 80238 | $785,000 |
| 80220 | $699,000 |
| 80207 | $625,000 |
| 80205 | $600,000 |
| 80204 | $599,900 |
| 80202 | $597,000 |
| 80223 | $520,000 |
| 80221 | $514,800 |
| 80218 | $480,000 |
| 80219 | $450,000 |
| 80239 | $429,500 |
| 80203 | $342,000 |
| Unit Size | Fair Market Rent |
|---|---|
| Studio | $2,380/mo |
| 1 Bedroom | $2,540/mo |
| 2 Bedroom | $3,030/mo |
| 3 Bedroom | $3,970/mo |
| 4 Bedroom | $4,420/mo |
Fair Market Rents are published annually by HUD for the Denver metropolitan area. Local housing authorities use these to set Section 8 voucher payment standards, typically between 90% and 110% of the FMR.
The median asking rent across Denver, CO is currently $1,592/month, based on active rental listings across 17 zip codes. Median asking rents have decreased by -7.7% over the past 12 months.
Asking rents vary significantly across the city. ZIP 80238 has the highest median asking rent at $2,900/month, while ZIP 80203 comes in at $1,145/month.
Rental listings in the area spend an average of 33 days on market before being leased.
The HUD Fair Market Rent for a 2-bedroom in the Denver metro area is $3,030/month. Current median asking rents are near or below the FMR for this area.
Denver attracts a young, educated workforce that wants to be near the mountains. Tech has grown a lot here over the past decade. The problem for renters — and the opportunity for landlords — is that supply hasn't kept up with demand. Vacancy stays low. Capitol Hill, RiNo, and LoDo are premium areas. Aurora and the west corridor are more moderate. The thing to know about Denver is that rent-to-income ratios are already stretched, so tenants are price-sensitive. Overprice by $100/month and you'll sit empty. Price it right and you'll lease fast. That's why accurate comp data matters here — the margin for error is thin.
Want to look up rental comps and rent estimates for a specific property in Denver? PropMetrics lets you search any address and get detailed rental data instantly.
Get rent estimates, comparable rentals, and market data for any property in Denver, CO. Free to start.
What rental comps are, what makes a good one, and how to use them to price your rental property accurately.
Fair market rent, Section 8, HUD... what does it all mean? A straightforward breakdown of how it works and why it matters.
A step-by-step guide to pricing your rental so it rents quickly without leaving money on the table.