Average Rent in Denver, CO

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Current Versus Historical Denver, CO Rents

Denver rentals average $1,685 for a studio rental to $3,812 for a 3-bedroom rental. The median price of all currently available listings is $2,056, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $78 (5.59%) year-over-year from $1,399 to $1,478. 1-bedroom rentals prices have increased by $541 (34.33%) year-over-year from $1,577 to $2,118. 2-bedroom rentals prices have increased by $472 (22.13%) year-over-year from $2,132 to $2,604. 3-bedroom rentals prices have increased by $644 (21.72%) year-over-year from $2,963 to $3,607. 4-bedroom rentals prices have decreased by $35 (-1.07%) year-over-year from $3,283 to $3,248. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 8.60% this month. 1-bedroom rents have gone up by 23.07% this month. 2-bedroom rents have gone up by 11.09% this month. 3-bedroom rents have gone up by 12.40% this month. 4-bedroom rents have gone down by 4.46% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.20 $1,478 $1,399 (5.59%) $1,269 (16.46%)
1 BR $2.77 $2,118 $1,577 (34.33%) $1,302 (62.71%)
2 BR $2.56 $2,604 $2,132 (22.13%) $1,765 (47.51%)
3 BR $2.57 $3,607 $2,963 (21.72%) $2,668 (35.20%)

Historical Rents in Denver, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Denver



Let's compare Denver, CO's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Denver



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Denver

The average rent for rentals in these counties is $2,056. That's roughly around $3 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Denver, CO. It's average rent per month is $2,056. Vice versa, with an average rent of $2,056, Denver, CO is the most expensive county by Denver, CO.

Typically, rent for studios in Denver, CO is on par with the other counties nearby. In comparison, rent for one bedroom listings in Denver, CO is on par with the other counties nearby. Finally, rent for two bedrooms in Denver, CO is on par with the other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Denver, CO $1,685 $1,985 $2,744 $2,056

Top Zipcodes Near Denver



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Denver Average Rents

What is the average rent price in Denver, CO?
The average monthly rental price for Denver, CO apartments for rent is approximately $2,056. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Denver, CO rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Denver, CO.
How much is a studio apartment in Denver, CO?
The average monthly rental price for studio apartments is $1,685 and an average price per square feet of $3.20. There are a total of 19 studio apartment listings currently available for rent in Denver.
How much is a one bedroom apartment in Denver, CO?
The average monthly rental price for one bedroom apartments is $1,985 and an average price per square feet of $2.77. There are a total of 46 one bedroom apartment listings currently available for rent in Denver.
How much is a two bedroom apartment in Denver, CO?
The average monthly rental price for two bedroom apartments is $2,744 and an average price per square feet of $2.56. There are a total of 28 two bedroom apartment listings currently available for rent in Denver.
How have rent prices in Denver, CO changed this year?
Rent prices for rentals in Denver, CO can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.34%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by 0.22% year-over-year.
What is a reasonable rent price in Denver, CO?
A reasonable rent price in Denver, CO is around $1,645/month. You can search for these reasonably priced rental listings on RentHop.
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