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Rental Market Trends in Parker, CO

What is the average rent in Parker, CO?

$1,728/month

Average Rent

772 Sq Ft

Average Apartment Size

-4.7%

Decrease in the Last Year

As of April 2026, the average rent in Parker, CO is $1,728 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Parker rent prices are 5% higher than the national average. When you rent an apartment in Parker, you can expect to pay about $1,480 per month for a studio, $1,728 for a one-bedroom apartment, and around $2,218 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,947 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,480/month
522 Sq Ft
One Bedroom
$1,728/month
772 Sq Ft
Two Bedroom
$2,218/month
1,106 Sq Ft
Three Bedroom
$2,947/month
1,417 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,168/month
442 Sq Ft
Two Bedroom
$2,888/month
1,341 Sq Ft
Three Bedroom
$3,107/month
1,915 Sq Ft
Four Bedroom
$3,461/month
2,640 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,108/month
1,100 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,629/month
1,238 Sq Ft
Three Bedroom
$2,889/month
1,922 Sq Ft

How much has average rent changed in Parker, CO?

In the past year, rent has decreased by 4.7%, which averages out to $80 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Parker, CO
Last Updated April 2026
$1,501 - $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
4% $1,001 - $1,500/month
50% $1,501 - $2,000/month
46% 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 Westcreek Townhomes are the most affordable neighborhoods in Parker.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Stone Canyon
$1,573/month
837 Sq Ft
Sierra Vista
$1,573/month
837 Sq Ft
Westcreek Townhomes
$1,640/month
726 Sq Ft
Rampart Station
$1,760/month
786 Sq Ft
Challenger Park Estates
$1,767/month
766 Sq Ft
Watermark on Mainstreet
$1,939/month
809 Sq Ft

What are the most expensive neighborhoods in Parker?

Based on current rent prices, Watermark on Mainstreet, Challenger Park Estates and Rampart Station are the most expensive neighborhoods in Parker.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Watermark on Mainstreet
$1,939/month
809 Sq Ft
Challenger Park Estates
$1,767/month
766 Sq Ft
Rampart Station
$1,760/month
786 Sq Ft
Westcreek Townhomes
$1,640/month
726 Sq Ft
Stone Canyon
$1,573/month
837 Sq Ft
Sierra Vista
$1,573/month
837 Sq Ft

Which Parker neighborhoods have the most rentals available?

The neighborhoods in Parker with the most apartments available are Watermark on Mainstreet, Challenger Park Estates and Rampart Station .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Watermark on Mainstreet
$1,939/month
809 Sq Ft
Challenger Park Estates
$1,767/month
766 Sq Ft
Rampart Station
$1,760/month
786 Sq Ft
Stone Canyon
$1,573/month
837 Sq Ft
Sierra Vista
$1,573/month
837 Sq Ft
Westcreek Townhomes
$1,640/month
726 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 $1,728, you’ll want to make about $5,760 per month or $69,120 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

718 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
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Lone Tree 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

$1,605 - $2,564 Plus Fees

1-2 Beds

Parker Flats at Old Town

Parker Flats at Old Town

19752-19766 Pikes Peak Dr,
Parker, CO 80138

$1,432 - $2,052 Plus Fees

1-2 Beds

Juniper on Main

Juniper on Main

11085 Pine Dr,
Parker, CO 80138

$1,847 - $3,972 Total Monthly Price

Studio - 3 Beds

Parker Hilltop

Parker Hilltop

19600 Clubhouse Dr,
Parker, CO 80138

$1,494 - $1,796 Plus Fees

1-3 Beds

Property Management Companies in Parker, CO

Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

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4 Communities in Parker
Bell Partners
Bell Partners
  • 184

    Communities

  • 56,387

    Units

  • 102

    Cities

2 Communities in Parker
Klingbeil Capital Management
Klingbeil Capital Management
  • 35

    Communities

  • 6,290

    Units

  • 27

    Cities

2 Communities in Parker
Avenue5 Residential
Avenue5 Residential
  • 581

    Communities

  • 129,613

    Units

  • 224

    Cities

1 Community in Parker
Blackstone
Blackstone
  • 212

    Communities

  • 69,275

    Units

  • 117

    Cities

1 Community in Parker
Highmark Residential
Highmark Residential
  • 208

    Communities

  • 60,049

    Units

  • 114

    Cities

1 Community in Parker
Dominium
Dominium
  • 124

    Communities

  • 26,875

    Units

  • 94

    Cities

1 Community in Parker
Sentinel Real Estate Corporation
Sentinel Real Estate Corporation
  • 97

    Communities

  • 26,139

    Units

  • 74

    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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity