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Rental Market Trends in Morrison, CO

What is the average rent in Morrison, CO?

$1,377/month

Average Rent

684 Sq Ft

Average Apartment Size

-10.6%

Decrease in the Last Year

As of March 2026, the average rent in Morrison, CO is $1,377 per month. This is 15% lower than the national average rent of $1,626/month, making renting in Morrison more affordable than most cities in the US. When you rent an apartment in Morrison, you can expect to pay about per month for a studio, $1,377 for a one-bedroom apartment, and around $1,907 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,868 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,377/month
684 Sq Ft
Two Bedroom
$1,907/month
925 Sq Ft
Three Bedroom
$1,868/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Morrison, CO?

In the past year, rent has decreased by 10.6%, which averages out to $146 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Morrison, CO
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Morrison, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Morrison?

Based on current rent prices, Friendly Hills is the most affordable neighborhood in Morrison.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Friendly Hills
$1,731/month
737 Sq Ft

What are the most expensive neighborhoods in Morrison?

Based on current rent prices, Friendly Hills is the most expensive neighborhood in Morrison.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Friendly Hills
$1,731/month
737 Sq Ft

Which Morrison neighborhoods have the most rentals available?

The neighborhood in Morrison with the most apartments available is Friendly Hills .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Friendly Hills
$1,731/month
737 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Morrison is $1,377, you’ll want to make about $4,590 per month or $55,080 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.

City

Morrison, CO

16 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Morrison, 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 Morrison, CO

Apartment Averages

Friendly Hills

Morrison, CO

Friendly Hills

Morrison, CO

Studio
-
-
One Bedroom
$1,527/month
$1,527/month
Two Bedroom
$1,851/month
$1,851/month
Three Bedroom
$2,643/month
$2,643/month
Search
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Nearby City Rent Trends

  • Lakewood Average Rent
  • Golden Average Rent

Apartment communities in Morrison we think you'll love

Vista at Trappers Glen

Vista at Trappers Glen

11736 W Chenango Dr,
Morrison, CO 80465

$1,377 - $4,096 Total Monthly Price

1-2 Beds

4373 S Beech Way

4373 S Beech Way

4373 S Beech Way,
Morrison, CO 80465

$3,344 Total Monthly Price

4 Beds

6554 High Cir

6554 High Cir

6554 High Cir,
Morrison, CO 80465

$3,550 Total Monthly Price

4 Beds

11867 W Tufts Pl

11867 W Tufts Pl

11867 W Tufts Pl,
Morrison, CO 80465

$2,800 Total Monthly Price

3 Beds

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United States Colorado Morrison 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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity