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Rental Market Trends in Colorado

Updated July 2026

$1,576/month

Average Rent

-2.1%

Decrease in the Last Year

-$34

Average Price Decrease

Ranked 34th

Least Expensive Rent by State

47,862

Available Rentals

Pueblo, CO

City with the Lowest Rent

What is the average rent in Colorado?

As of July 2026, the average rent in Colorado is $1,576/month. When you rent an apartment in Colorado, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,385 per month for a studio, $1,576 for a one-bedroom apartment, and around $1,955 for a two-bedroom apartment in Colorado. If you opt for a three-bedroom rental, you could pay $2,515 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,385/month
493 Sq Ft
One Bedroom
$1,576/month
702 Sq Ft
Two Bedroom
$1,955/month
1,010 Sq Ft
Three Bedroom
$2,515/month
1,306 Sq Ft

Rent by City

  • Most Affordable
  • Most Expensive

What are the most affordable cities in Colorado?

Based on current rent prices, the cheapest cities in Colorado to live are Pueblo, Grand Junction and Greeley.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Pueblo
$1,008/month
602 Sq Ft
Grand Junction
$1,230/month
619 Sq Ft
Greeley
$1,273/month
680 Sq Ft
Colorado Springs
$1,305/month
671 Sq Ft
Aurora
$1,383/month
689 Sq Ft
Thornton
$1,543/month
730 Sq Ft
Lakewood
$1,571/month
711 Sq Ft
Westminster
$1,588/month
714 Sq Ft
Loveland
$1,593/month
737 Sq Ft
Commerce City
$1,610/month
706 Sq Ft

What are the most expensive cities in Colorado?

Based on current rent prices, the most expensive cities in Colorado to live are Highlands Ranch, Boulder and Centennial.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Highlands Ranch
$1,935/month
818 Sq Ft
Boulder
$1,880/month
684 Sq Ft
Centennial
$1,798/month
752 Sq Ft
Broomfield
$1,789/month
770 Sq Ft
Parker
$1,762/month
774 Sq Ft
Castle Rock
$1,718/month
764 Sq Ft
Arvada
$1,682/month
689 Sq Ft
Longmont
$1,671/month
731 Sq Ft
Fort Collins
$1,649/month
698 Sq Ft
Denver
$1,634/month
698 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Colorado

47,862 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Wyoming
$1,241/mo. avg.
+0.5% YOY
Nebraska
$1,123/mo. avg.
+1.4% YOY
Kansas
$1,113/mo. avg.
+2.8% YOY
Utah
$1,393/mo. avg.
-1.1% YOY

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US Rent Trends Colorado

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity