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Rental Market Trends in Colorado

Updated September 2026

$1,577/month

Average Rent

-2.1%

Decrease in the Last Year

-$34

Average Price Decrease

Ranked 35th

Least Expensive Rent by State

40,616

Available Rentals

Pueblo, CO

City with the Lowest Rent

What is the average rent in Colorado?

As of September 2026, the average rent in Colorado is $1,577/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 $1,383 per month for a studio, $1,577 for a one-bedroom apartment, and around $1,957 for a two-bedroom apartment in Colorado. If you opt for a three-bedroom rental, you could pay $2,513 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,383/month
494 Sq Ft
One Bedroom
$1,577/month
700 Sq Ft
Two Bedroom
$1,957/month
1,009 Sq Ft
Three Bedroom
$2,513/month
1,295 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
603 Sq Ft
Grand Junction
$1,227/month
616 Sq Ft
Greeley
$1,295/month
601 Sq Ft
Colorado Springs
$1,305/month
671 Sq Ft
Aurora
$1,382/month
688 Sq Ft
Thornton
$1,545/month
730 Sq Ft
Lakewood
$1,578/month
711 Sq Ft
Westminster
$1,585/month
713 Sq Ft
Loveland
$1,586/month
734 Sq Ft
Commerce City
$1,623/month
710 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
$1,916/month
836 Sq Ft
Boulder
$1,893/month
688 Sq Ft
Centennial
$1,796/month
752 Sq Ft
Broomfield
$1,787/month
768 Sq Ft
Parker
$1,759/month
774 Sq Ft
Castle Rock
$1,717/month
764 Sq Ft
Arvada
$1,679/month
689 Sq Ft
Longmont
$1,665/month
728 Sq Ft
Fort Collins
$1,648/month
697 Sq Ft
Denver
$1,637/month
697 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Colorado

40,616 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Wyoming
$1,250/mo. avg.
+1.1% YOY
Nebraska
$1,119/mo. avg.
+1.4% YOY
Kansas
$1,113/mo. avg.
+2.7% YOY
Utah
$1,393/mo. avg.
-0.9% 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