Average Rent in LoDo, Denver, CO

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Current Versus Historical LoDo, Denver, CO Rents

LoDo rentals average $2,450 for a 1-bedroom rental to $0 for a 3-bedroom rental. The median price of all currently available listings is $2,948, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $367 (-14.29%) year-over-year from $2,567 to $2,200. 1-bedroom rentals prices have decreased by $422 (-16.11%) year-over-year from $2,622 to $2,200. 2-bedroom rentals prices have decreased by $663 (-19.15%) year-over-year from $3,463 to $2,800. 3-bedroom rentals prices have increased by $1,562 (37.79%) year-over-year from $4,133 to $5,695. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $7,500 to $7,500. 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 down by 1.49% this month. 1-bedroom rents have gone down by 15.65% this month. 2-bedroom rents have gone down by 7.69% this month. 3-bedroom rents have gone up by 1.30% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.84 $2,200 $2,622 (-16.11%) $1,053 (108.86%)
2 BR $2.43 $2,800 $3,463 (-19.15%) $3,184 (-12.05%)

Historical Rents in LoDo, Denver, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near LoDo

There are a total of 5 cities nearby LoDo. The average rent in LoDo is currently $1,995 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Lakewood, CO, with an average rent of $1,685, is the most affordable city nearby. In contrast, the most expensive city near LoDo, Denver, CO is Boulder, CO. Monthly rents here are on average $2,450 per month.

Let's compare LoDo, Denver, CO's rent against other top cities nearby by bedroom size. Typically, rent for studios in LoDo, Denver, CO is inf% more affordable than other cities nearby. One bedrooms are about 44.90% more expensive. Two bedrooms in LoDo, Denver, CO are about 47.07% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 5 cities near LoDo, Denver, CO in the following chart.
City Studio 1 Bed 2 Bed All
Lakewood, CO $623 $1,350 $1,750 $1,685
Longmont, CO N/A $1,245 $1,750 $1,850
Denver, CO $1,540 $1,500 $2,400 $1,995
Aurora, CO $1,050 $1,250 $1,800 $2,150
Boulder, CO $1,473 $1,700 $2,450 $2,450

Top Neighborhoods Near LoDo



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

Top Counties Near LoDo

Some of these counties include Jefferson, CO, Adams, CO, and Denver, CO. The average rent for rentals in these counties is $2,098. That's roughly around $2 per sqft. A total of 6 counties have a lower average rent. The county that is the most affordable is Jefferson, CO. It's average rent per month is $1,800. Vice versa, with an average rent of $2,890, Douglas, CO is the most expensive county by LoDo, Denver, CO.

Typically, rent for studios in LoDo, Denver, CO is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in LoDo, Denver, CO is 41.84% more expensive than other counties nearby. Finally, rent for two bedrooms in LoDo, Denver, CO is 39.71% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Jefferson, CO $1,150 $1,350 $1,750 $1,800
Adams, CO $1,023 $1,300 $1,725 $1,995
Denver, CO $1,540 $1,500 $2,400 $1,995
Arapahoe, CO $1,213 $1,295 $1,900 $2,200
Boulder, CO $1,199 $1,695 $2,200 $2,410
Douglas, CO N/A $1,955 $2,478 $2,890

Top Zipcodes Near LoDo

There are a total of 3 zipcodes in or near LoDo, Denver, CO. The average rent for all of these zipcodes is $2,006. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 80203, Denver, CO at $1,595 per month. In comparison, the zipcode with the most expensive average rent of $2,138 per month is 80302, Boulder County, CO.

Studios in these zipcodes have an average rent of $1,550. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near LoDo, Denver, CO is $1,700 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,603 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in LoDo, Denver, CO. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
80204, Denver, CO $1,562 $1,965 $2,603 $2,006
80203, Denver, CO $1,158 $1,425 $1,900 $1,595
80302, Boulder County, CO $1,550 $1,700 $2,863 $2,138

Frequently Asked Questions - LoDo Average Rents

What is the average rent price in LoDo, Denver, CO?
The average monthly rental price for LoDo, Denver, CO apartments for rent is approximately $2,948. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do LoDo, 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 LoDo, Denver, CO.
How much is a studio apartment in LoDo, Denver, CO?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in LoDo.
How much is a one bedroom apartment in LoDo, Denver, CO?
The average monthly rental price for one bedroom apartments is $2,450 and an average price per square feet of $2.84. There are a total of 6 one bedroom apartment listings currently available for rent in LoDo.
How much is a two bedroom apartment in LoDo, Denver, CO?
The average monthly rental price for two bedroom apartments is $3,400 and an average price per square feet of $2.43. There are a total of 7 two bedroom apartment listings currently available for rent in LoDo.
How have rent prices in LoDo, Denver, CO changed this year?
Rent prices for rentals in LoDo, Denver, CO can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.19%, and three bedroom rental prices have changed by 0.38% year-over-year.
What is a reasonable rent price in LoDo, Denver, CO?
A reasonable rent price in LoDo, Denver, CO is around $2,358/month. You can search for these reasonably priced rental listings on RentHop.
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