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Rental Market Trends in Parker, CO

What is the average rent in Parker, CO?

$1,805/month

Average Rent

773 Sq Ft

Average Apartment Size

+4.1%

Increase in the Last Year

As of July 2025, the average rent in Parker, CO is $1,805 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Parker rent prices are 10% higher than the national average. When you rent an apartment in Parker, you can expect to pay about $1,592 per month for a studio, $1,805 for a one-bedroom apartment, and around $2,254 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,842 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,592/month
523 Sq Ft
One Bedroom
$1,805/month
773 Sq Ft
Two Bedroom
$2,254/month
1,105 Sq Ft
Three Bedroom
$2,842/month
1,410 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,057/month
1,238 Sq Ft
Three Bedroom
$3,173/month
2,051 Sq Ft
Four Bedroom
$3,396/month
2,784 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,122/month
1,111 Sq Ft
Three Bedroom
$2,748/month
1,410 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,798/month
1,645 Sq Ft

How much has average rent changed in Parker, CO?

In the past year, rent has increased by 4.1%, which averages out to $74 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Parker, CO
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Parker, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
12% $1,001 - $1,500/month
25% $1,501 - $2,000/month
62% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Parker?

Based on current rent prices, Stone Canyon, Sierra Vista and Valley Hi are the most affordable neighborhoods in Parker.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Stone Canyon
$1,650/month
883 Sq Ft
Sierra Vista
$1,650/month
883 Sq Ft
Valley Hi
$1,834/month
726 Sq Ft
Westcreek Townhomes
$2,029/month
736 Sq Ft
Challenger Park Estates
$2,062/month
787 Sq Ft
Iling Park
$2,092/month
730 Sq Ft
Meads Crossing
$2,238/month
799 Sq Ft
Ridgegate East
$2,258/month
738 Sq Ft
Town and Country Village
$2,309/month
808 Sq Ft
Grandview Estates
$2,324/month
821 Sq Ft

What are the most expensive neighborhoods in Parker?

Based on current rent prices, Watermark on Mainstreet, Meridian Hills and Grandview Estates are the most expensive neighborhoods in Parker.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Watermark on Mainstreet
$2,634/month
772 Sq Ft
Meridian Hills
$2,504/month
784 Sq Ft
Grandview Estates
$2,324/month
821 Sq Ft
Town and Country Village
$2,309/month
808 Sq Ft
Ridgegate East
$2,258/month
738 Sq Ft
Meads Crossing
$2,238/month
799 Sq Ft
Iling Park
$2,092/month
730 Sq Ft
Challenger Park Estates
$2,062/month
787 Sq Ft
Westcreek Townhomes
$2,029/month
736 Sq Ft
Valley Hi
$1,834/month
726 Sq Ft

Which Parker neighborhoods have the most rentals available?

The neighborhoods in Parker with the most apartments available are Ridgegate East, Challenger Park Estates and Valley Hi .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ridgegate East
$2,258/month
738 Sq Ft
Challenger Park Estates
$2,062/month
787 Sq Ft
Valley Hi
$1,834/month
726 Sq Ft
Iling Park
$2,092/month
730 Sq Ft
Grandview Estates
$2,324/month
821 Sq Ft
Meads Crossing
$2,238/month
799 Sq Ft
Watermark on Mainstreet
$2,634/month
772 Sq Ft
Meridian Hills
$2,504/month
784 Sq Ft
Town and Country Village
$2,309/month
808 Sq Ft
Westcreek Townhomes
$2,029/month
736 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Parker is $1,805, you’ll want to make about $6,016 per month or $72,192 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

Parker, CO

861 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Parker, 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 Parker, CO

Apartment Averages

Stone Canyon

Parker, CO

Watermark on Mainstreet

Parker, CO

Studio
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One Bedroom
-
-
Two Bedroom
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-
Three Bedroom
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Nearby City Rent Trends

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  • Castle Pines Average Rent
  • Centennial Average Rent
  • Castle Rock Average Rent

Apartment communities in Parker we think you'll love

The Depot at Twenty Mile

The Depot at Twenty Mile

9425 20 Mile Rd,
Parker, CO 80134

1-2 Beds | $1,495 - $2,728

Parker Flats at Old Town

Parker Flats at Old Town

19752-19766 Pikes Peak Dr,
Parker, CO 80138

1-2 Beds | $1,517 - $1,911

The Alder

The Alder

15091 Belford Ave,
Parker, CO 80134

1-3 Beds | $1,841 - $3,508

Juniper on Main

Juniper on Main

11085 S Pine Dr,
Parker, CO 80138

Studio - 3 Beds | $1,790 - $3,755

Property Management Companies in Parker, CO

Greystar
Greystar
  • 3,277

    Communities

  • 911,260

    Units

  • 848

    Cities

4 Communities in Parker
Bell Partners
Bell Partners
  • 222

    Communities

  • 71,818

    Units

  • 120

    Cities

3 Communities in Parker
Highmark Residential
Highmark Residential
  • 218

    Communities

  • 62,788

    Units

  • 118

    Cities

1 Community in Parker
Sentinel Real Estate Corporation
Sentinel Real Estate Corporation
  • 99

    Communities

  • 26,153

    Units

  • 75

    Cities

1 Community in Parker
Bryten Real Estate Partners
Bryten Real Estate Partners
  • 121

    Communities

  • 28,635

    Units

  • 71

    Cities

1 Community in Parker
Cirrus Asset Management, Inc.
Cirrus Asset Management, Inc.
  • 94

    Communities

  • 11,472

    Units

  • 52

    Cities

1 Community in Parker
Simpson Housing
Simpson Housing
  • 74

    Communities

  • 22,555

    Units

  • 47

    Cities

1 Community in Parker
Sequoia Equities, Inc
Sequoia Equities, Inc
  • 53

    Communities

  • 13,680

    Units

  • 35

    Cities

1 Community in Parker

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United States Colorado Parker 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity