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Rental market trends in Denver, CO

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Average Rent in Denver, CO

Average Rent in Denver, CO

Avg. RentAnnual Change
Studio - $1,806+5%
1 Bed - $2,109+2%
2 Beds - $2,836+7%
Last updated 2/21/2024

Average Apartment Cost in Denver, CO

The average rent for apartments in Denver, CO, is between $1,806 and $2,836 in 2024. For a studio apartment in Denver, CO, the average rent is $1,806. When it comes to 1-bedroom apartments, the average rent in Denver, CO, is $2,109. For a 2-bedroom apartment, the average rent is $2,836.

Apartment Rent Ranges in Denver, CO

Apartment PricesProportion
0%
2%
21%
22%
55%

Neighborhood Apartment Rent Trends in Denver, CO

NeighborhoodStudio Avg RentAnnual Change
South Central Denver$2,125+30%
Southeast Denver$2,092+44%
Far Southeast Denver$2,092+27%
Cherry Creek$1,998+10%
LoDo$1,892-7%
Central Denver$1,877-5%
Downtown$1,852-7%
City Park West$1,835-52%
Five Points$1,819+16%
North Central Denver$1,794+14%
North Denver$1,794+14%
Baker$1,787+28%
East Denver$1,700+4%
North Capitol Hill$1,662-14%
South Denver$1,647+4%
East Central Denver$1,595+43%
Platt Park$1,549-9%
West Denver$1,532-16%
West Colfax$1,532-16%
Highland$1,480--
Near Southeast Denver$1,421+29%
Congress Park$1,250--
Cheesman Park$1,175--
Northwest Denver$1,145-21%
Jefferson Park$1,145--
Near Northwest Denver$1,145-21%
Capitol Hill$1,070-2%
Windsor$930+16%
Neighborhood1 Bed Avg RentAnnual Change
Park Hill$3,562--
Cherry Creek$2,973+22%
LoDo$2,943+7%
Speer$2,756+17%
Central Denver$2,638+5%
Downtown$2,636-1%
Baker$2,443+45%
City Park West$2,397-39%
South Central Denver$2,394+9%
Five Points$2,278+1%
North Central Denver$2,277+1%
North Denver$2,265+1%
LoHi$2,200--
Highland$2,200+49%
East Denver$2,075+3%
Far Southeast Denver$1,986-6%
West Colfax$1,985-12%
Southeast Denver$1,979-2%
Stapleton$1,965+5%
South Denver$1,936+7%
North Capitol Hill$1,866-1%
West Denver$1,833-19%
Northeast Denver$1,772+2%
Sloan Lake$1,700--
East Central Denver$1,605+8%
Cheesman Park$1,600+7%
Washington Park$1,595--
Far Southwest Denver$1,432+35%
Near Southeast Denver$1,409+2%
Capitol Hill$1,305-8%
Berkeley$1,300--
Congress Park$1,230+3%
City Park$1,200--
Platt Park$1,200-52%
Northwest Denver$1,150-32%
Jefferson Park$1,150-16%
Near Northwest Denver$1,150-30%
Windsor$1,050-15%
Neighborhood2 Beds Avg RentAnnual Change
LoDo$4,130-3%
Central Denver$3,935+1%
Cherry Creek$3,777+28%
Downtown$3,771-4%
Sunnyside$3,700--
Speer$3,694+16%
Platt Park$3,552--
South Central Denver$3,512+10%
City Park West$3,435-57%
Berkeley$3,345--
North Central Denver$3,067+4%
North Denver$3,067+4%
Five Points$3,042+3%
Park Hill$2,975--
Highland Park$2,946--
Washington Park$2,900--
Stapleton$2,822+6%
East Denver$2,7950%
West Colfax$2,780+29%
South Denver$2,691+1%
North Capitol Hill$2,614+6%
LoHi$2,550+11%
Highland$2,550+11%
Northwest Denver$2,550+22%
Near Northwest Denver$2,550+22%
Baker$2,507+17%
Sloan Lake$2,500--
Northeast Denver$2,345+12%
Southeast Denver$2,264+13%
Far Southeast Denver$2,247+7%
Cheesman Park$1,995+38%
East Central Denver$1,954+2%
Capitol Hill$1,899+3%
Jefferson Park$1,795--
Near Southeast Denver$1,759+1%
Far Southwest Denver$1,697+6%
West Denver$1,549-28%
Congress Park$1,500+1%
Windsor$1,1500%

How Other Cities Compare to Denver, CO

CityStudio Avg RentAnnual Change
Highlands Ranch$2,634-3%
Superior$2,050+8%
Golden$1,950--
Lakewood$1,860+15%
Aurora$1,650+10%
Greenwood Village$1,650+4%
Boulder$1,634-16%
Loveland$1,616+18%
Englewood$1,560-2%
Lafayette$1,460-12%
Longmont$1,435+10%
Northglenn$1,424+6%
Arvada$1,125--
Littleton$1,125--
Wheat Ridge$999--
Greeley$970-7%
Commerce City$910--
City1 Bed Avg RentAnnual Change
Highlands Ranch$2,531+2%
Greenwood Village$2,300-36%
Superior$2,219-7%
Golden$2,019+2%
Littleton$2,014+3%
Loveland$1,974+28%
Castle Rock$1,952-1%
Boulder$1,902-11%
Englewood$1,835+16%
Broomfield$1,824+7%
Monument$1,770--
Commerce City$1,737-17%
Lafayette$1,722+1%
Brighton$1,682+24%
Lakewood$1,675+3%
Northglenn$1,644+4%
Longmont$1,641-3%
Aurora$1,553-1%
Arvada$1,325-10%
Greeley$1,191-1%
City2 Beds Avg RentAnnual Change
Highlands Ranch$2,796+18%
Superior$2,641-12%
Boulder$2,499-4%
Littleton$2,319+7%
Castle Rock$2,303-4%
Broomfield$2,299+4%
Monument$2,280--
Englewood$2,264+7%
Golden$2,253+9%
Commerce City$2,119-5%
Lafayette$2,090-3%
Brighton$2,089+2%
Longmont$2,045-5%
Lakewood$2,014+9%
Northglenn$1,897+2%
Aurora$1,889-3%
Loveland$1,764-1%
Arvada$1,628-6%
Wheatridge$1,625--
Wheat Ridge$1,574+2%

Denver, CO Rent Trends

Studio1 Bed2 Beds
Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024
$1685$1730$1835$1806$1845$1813$1932$1897$1796$1785$1997$1976$1801
$2122$2096$2084$2091$2134$2118$2164$2154$2057$2035$2233$2233$2182
$2525$2567$2499$2598$2749$2799$2849$2839$2723$2670$3122$3060$2923
$3474$3333$3265$3152$3340$3309$3239$3257$3262$3123$3209$3294$3164

Neighborhood Information for Denver, CO

What are the most affordable neighborhoods in Denver, CO?

The most affordable neighborhoods in Denver are Windsor, where the average 1-bedroom apartment rent goes for $1,050, Northwest Denver, where renters pay $1,150 on average for a 1-bedroom apartment, and Jefferson Park, where the average 1-bedroom apartment rent goes for $1,150. If you're looking for other great deals, check out the listings in Near Northwest Denver ($1,150 for a 1-bedroom apartment) or City Park ($1,200 for a 1-bedroom apartment), compared to the $2,109 average for a Denver 1-bedroom apartment.

What are the most expensive neighborhoods in Denver, CO?

The most affordable neighborhoods in Denver are Park Hill, where the average 1-bedroom apartment rent goes for $3,562, Cherry Creek, where renters pay $2,973 on average for a 1-bedroom apartment, and LoDo, where the average 1-bedroom apartment rent goes for $2,943. If you're looking for other great deals, check out the listings in Speer ($2,756 for a 1-bedroom apartment) or Central Denver ($2,638 for a 1-bedroom apartment), compared to the $2,109 average for a Denver 1-bedroom apartment.

What are the most popular neighborhoods in Denver, CO?

The most popular neighborhoods in Denver are Baker, where the average 1-bedroom apartment rent goes for $2,443, Speer, where renters pay $2,756 on average for a 1-bedroom apartment, and Cherry Creek, where the average 1-bedroom apartment rent goes for $2,973. If you're looking for other popular neighborhoods, check out the listings in South Central Denver ($2,394 for a 1-bedroom apartment) or Cheesman Park ($1,600 for a 1-bedroom apartment), compared to the $2,109 average for a Denver 1-bedroom apartment.

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