Denver, CO Rental Market Trends
Last updated: March 17, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Denver is $1,885, a 2.61% decrease compared to the previous year, when the average rent was $1,936.
Studio Apartments at $1,430 offer the most budget-friendly option with 518 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 719 square feet for $1,704, balancing privacy and affordability.
Two-beedroom units at $2,188 offer 1,064 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,372 sq ft) for $2,809, suitable for larger households.
Average rent in Denver, CO
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,885 | 844 sq. ft. |
| Studio | $1,430 | 518 sq. ft. |
| 1 Bed | $1,704 | 719 sq. ft. |
| 2 Beds | $2,188 | 1,064 sq. ft. |
| 3 Beds | $2,809 | 1,372 sq. ft. |
Denver, CO rent trends
What's the typical rent budget in Denver, CO?
The largest share of rentals in Denver, CO (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Denver, CO?
167,670 or 51% of the households in Denver, CO are renter-occupied while 161,908 or 49% are owner-occupied.
Most affordable neighborhoods in Denver?
Mar Lee $1,252/month
Harvey Park $1,295/month
College View - South Platte $1,312/month
All of these neighborhoods fall below the city wide average of $1,885/month.Most expensive neighborhoods in Denver?
Downtown Denver $2,458/month
Belcaro $2,617/month
Cherry Creek $2,963/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Denver, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Cherry Creek | $2,963 |
| Belcaro | $2,617 |
| Downtown Denver | $2,458 |
| LoDo | $2,407 |
| Platt Park | $2,376 |
| Speer | $2,343 |
| Highland | $2,270 |
| Berkeley | $2,181 |
| Southmoor Park | $2,131 |
| Washington Park West | $2,115 |
| City Park | $2,106 |
| Cole | $2,104 |
| RiNo Denver | $2,076 |
| Stapleton Denver | $2,064 |
| Cheesman Park | $2,059 |
| Jefferson Park | $2,015 |
| University Hills | $2,006 |
| City Park West | $1,994 |
| Baker | $1,989 |
| Hale | $1,987 |
| Sun Valley | $1,983 |
| West Highland | $1,961 |
| Denver International Airport | $1,947 |
| Lowry Field | $1,922 |
| Gateway Denver | $1,920 |
| Wellshire Denver | $1,917 |
| Green Valley Ranch Denver | $1,890 |
| Overland | $1,869 |
| Five Points | $1,868 |
| West Colfax | $1,854 |
| Park Hill Denver | $1,817 |
| Hampden South | $1,785 |
| Lincoln Park | $1,780 |
| Congress Park | $1,768 |
| Uptown Denver | $1,761 |
| Fort Logan | $1,714 |
| Capitol Hill | $1,643 |
| Windsor | $1,635 |
| Harvey Park South | $1,625 |
| Indian Creek | $1,611 |
| Bear Valley | $1,577 |
| Montbello | $1,481 |
| University | $1,480 |
| Washington Virginia Vale | $1,480 |
| Virginia Village | $1,421 |
| Hampden | $1,404 |
| Goldsmith | $1,346 |
| East Colfax | $1,314 |
| College View - South Platte | $1,312 |
| Harvey Park | $1,295 |
| Mar Lee | $1,252 |
Denver | Rent Comparison by Neighborhood
Rent in Baker is 26% higher than in Bear Valley
Baker rent is 5% higher than Denver average
Bear Valley rent is 16% lower than Denver average
How Denver Compares to Other Cities
| City | Average Rent |
|---|---|
| Denver | $1,885 |
| Colorado Springs | $1,496 |
| Aurora | $1,632 |
| Lakewood | $1,790 |
| Boulder | $2,453 |
| Grand Junction | $1,595 |
| Fort Collins | $1,972 |
| Littleton | $1,975 |
| Englewood | $1,871 |
| Westminster | $1,812 |
| Broomfield | $1,950 |
| Longmont, CO | $1,826 |
| Golden | $2,191 |
| Arvada | $1,821 |
| Wheat Ridge | $1,680 |
| Castle Rock | $1,973 |
| Parker | $2,019 |
| Centennial, CO | $2,043 |
| Brighton | $1,869 |
| Thornton, CO | $1,786 |
| Commerce City | $1,841 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Denver apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.