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Rental Market Trends in Denver, CO

What is the average rent in Denver, CO?

$1,605/month

Average Rent

698 Sq Ft

Average Apartment Size

-2.9%

Decrease in the Last Year

As of November 2025, the average rent in Denver, CO is $1,605 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Denver rent prices are 2% lower than the national average. When you rent an apartment in Denver, you can expect to pay about $1,391 per month for a studio, $1,605 for a one-bedroom apartment, and around $2,117 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,881 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,391/month
497 Sq Ft
One Bedroom
$1,605/month
698 Sq Ft
Two Bedroom
$2,117/month
1,038 Sq Ft
Three Bedroom
$2,881/month
1,379 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,346/month
540 Sq Ft
Two Bedroom
$2,213/month
1,053 Sq Ft
Three Bedroom
$2,875/month
1,656 Sq Ft
Four Bedroom
$3,998/month
2,500 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,738/month
728 Sq Ft
Two Bedroom
$2,339/month
1,098 Sq Ft
Three Bedroom
$4,329/month
1,850 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,525/month
731 Sq Ft
Two Bedroom
$2,478/month
1,210 Sq Ft
Three Bedroom
$3,196/month
1,694 Sq Ft
Four Bedroom
$3,977/month
2,394 Sq Ft

How much has average rent changed in Denver, CO?

In the past year, rent has decreased by 2.9%, which averages out to $46 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Denver, CO
Last Updated November 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Denver, CO
Percentage*
Rent Range
2% Below $700/month
13% $700 - $1,000/month
48% $1,001 - $1,500/month
22% $1,501 - $2,000/month
15% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Denver?

Based on current rent prices, Sunset Terrace, Midtown Denver and Barnum West are the most affordable neighborhoods in Denver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sunset Terrace
$1,053/month
640 Sq Ft
Midtown Denver
$1,055/month
520 Sq Ft
Barnum West
$1,072/month
575 Sq Ft
Harvey Park
$1,094/month
572 Sq Ft
South Capitol Hill
$1,103/month
625 Sq Ft
Raintree
$1,106/month
675 Sq Ft
Perl Mack Manor
$1,123/month
585 Sq Ft
Garfield Heights
$1,124/month
553 Sq Ft
Virginia Vale
$1,137/month
570 Sq Ft
Holly Hills
$1,150/month
649 Sq Ft

What are the most expensive neighborhoods in Denver?

Based on current rent prices, Elmwood, Pearl at DTC and Cherry Creek North are the most expensive neighborhoods in Denver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Elmwood
$3,650/month
889 Sq Ft
Pearl at DTC
$3,619/month
972 Sq Ft
Cherry Creek North
$2,627/month
835 Sq Ft
Argyle Park First
$2,501/month
784 Sq Ft
Berkeley
$2,476/month
766 Sq Ft
Cole
$2,405/month
765 Sq Ft
Cherry Creek
$2,402/month
820 Sq Ft
LoDo
$2,385/month
776 Sq Ft
Country Club
$2,373/month
770 Sq Ft
Burlington Capitol Hill
$2,368/month
819 Sq Ft

Which Denver neighborhoods have the most rentals available?

The neighborhoods in Denver with the most apartments available are Downtown Denver, West Denver and East Denver .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Denver
$2,043/month
734 Sq Ft
West Denver
$1,970/month
724 Sq Ft
East Denver
$1,654/month
713 Sq Ft
Glendale University Area
$1,576/month
702 Sq Ft
RiNo
$2,087/month
754 Sq Ft
Lincoln Park
$2,200/month
748 Sq Ft
Southwest Denver
$1,582/month
704 Sq Ft
Civic Center
$2,230/month
767 Sq Ft
Golden Triangle
$2,301/month
788 Sq Ft
Denver Central Business District
$2,070/month
773 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Denver, CO?

Because the average rent in Denver is $1,605, you’ll want to make about $5,350 per month or $64,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Denver, CO is 9.3% higher than the national average. Generally, housing in Denver is 22.2% more expensive than the national average, with rent falling between $1,391 - $2,881. You can expect to pay 2.0% more for groceries, 11.3% less for utilities, and 3.3% less for transportation.

City

Denver, CO

23,435 Available Apartments for Rent

Search for Nearby Apartments

How does Denver, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Denver, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Denver, CO

Apartment Averages

Sunset Terrace

Denver, CO

Elmwood

Denver, CO

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Glendale Average Rent
  • Commerce City Average Rent

Apartment communities in Denver we think you'll love

Cortland on Blake

Cortland on Blake

1451 24th St,
Denver, CO 80205

$1,380 - $7,484

Studio - 3 Beds

Alas Over Lowry

Alas Over Lowry

82 N Uinta Way,
Denver, CO 80230

$1,595 - $4,095

Studio - 3 Beds

IMT Cherry Creek

IMT Cherry Creek

755 S Dexter St,
Denver, CO 80246

$1,745 - $2,745

1-2 Beds

Gardens at Cherry Creek

Gardens at Cherry Creek

225 S Harrison St,
Denver, CO 80209

$1,895 - $3,395

1-3 Beds

Property Management Companies in Denver, CO

Greystar
Greystar
  • 3,438

    Communities

  • 949,373

    Units

  • 871

    Cities

83 Communities in Denver
Cornerstone Apartment Services
Cornerstone Apartment Services
  • 63

    Communities

  • 2,769

    Units

  • 3

    Cities

61 Communities in Denver
AMC
AMC
  • 668

    Communities

  • 131,470

    Units

  • 260

    Cities

34 Communities in Denver
Zellis Property Management
Zellis Property Management
  • 25

    Communities

  • 2,001

    Units

  • 4

    Cities

23 Communities in Denver
Avenue5 Residential
Avenue5 Residential
  • 535

    Communities

  • 119,363

    Units

  • 211

    Cities

19 Communities in Denver
Kairoi Residential
Kairoi Residential
  • 81

    Communities

  • 23,166

    Units

  • 28

    Cities

16 Communities in Denver
Apartments Concepts Unlimited
Apartments Concepts Unlimited
  • 17

    Communities

  • 571

    Units

  • 6

    Cities

15 Communities in Denver
CONAM Management Corporation
CONAM Management Corporation
  • 163

    Communities

  • 30,684

    Units

  • 82

    Cities

13 Communities in Denver

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United States Colorado Denver Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

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.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity