Average Rent in Southwest Denver, Denver, CO

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Current Versus Historical Southwest Denver, Denver, CO Rents

Southwest Denver rentals average $775 for a studio rental to $3,123 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $2 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 decreased by $31 (-2.11%) year-over-year from $1,443 to $1,412. 1-bedroom rentals prices have increased by $348 (22.45%) year-over-year from $1,552 to $1,900. 2-bedroom rentals prices have decreased by $244 (-11.94%) year-over-year from $2,044 to $1,800. 3-bedroom rentals prices have decreased by $429 (-15.30%) year-over-year from $2,804 to $2,375. 4-bedroom rentals prices have increased by $158 (5.48%) year-over-year from $2,892 to $3,050. 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 6.37% this month. 1-bedroom rents have gone up by 14.73% this month. 2-bedroom rents have gone down by 3.14% this month. 3-bedroom rents have gone down by 2.70% this month. 4-bedroom rents have gone up by 3.30% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.48 $1,412 $1,443 (-2.11%) $1,673 (-15.62%)
1 BR $2.31 $1,900 $1,552 (22.45%) $1,635 (16.24%)
2 BR $2.20 $1,800 $2,044 (-11.94%) $1,548 (16.25%)
3 BR $2.19 $2,375 $2,804 (-15.30%) $2,708 (-12.31%)
4+ BR $1.67 $3,050 $2,892 (5.48%) $2,435 (25.26%)

Historical Rents in Southwest Denver, Denver, CO

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Southwest Denver

There are a total of 5 cities nearby Southwest Denver. The average rent in Southwest Denver is currently $1,995 per month. A total of 2 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 Southwest Denver, Denver, CO is Boulder, CO. Monthly rents here are on average $2,450 per month.

Let's compare Southwest Denver, Denver, CO's rent against other top cities nearby by bedroom size. Typically, rent for studios in Southwest Denver, Denver, CO is 35.48% more affordable than other cities nearby. One bedrooms are about 3.85% more affordable. Two bedrooms in Southwest Denver, Denver, CO are about 10.00% more expensive. Finally, rent for three bedrooms are about 8.20% more expensive. Want more information? Check out the top 5 cities near Southwest Denver, 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 $1,589 $1,525 $2,400 $1,995
Aurora, CO $1,050 $1,250 $1,800 $2,199
Boulder, CO $1,473 $1,700 $2,450 $2,450

Top Neighborhoods Near Southwest Denver



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

Top Counties Near Southwest Denver

Some of these counties include Jefferson, CO, Denver, CO, and Adams, CO. The average rent for rentals in these counties is $2,125. That's roughly around $2 per sqft. A total of 1 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 Southwest Denver, Denver, CO.

Typically, rent for studios in Southwest Denver, Denver, CO is 51.55% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Southwest Denver, Denver, CO is 10.58% more affordable than other counties nearby. Finally, rent for two bedrooms in Southwest Denver, Denver, CO is 2.50% more affordable 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
Denver, CO $1,589 $1,525 $2,400 $1,995
Adams, CO $1,023 $1,300 $1,750 $2,050
Arapahoe, CO $1,213 $1,295 $1,900 $2,200
Boulder, CO $1,199 $1,698 $2,200 $2,400
Douglas, CO N/A $1,895 $2,525 $2,890

Top Zipcodes Near Southwest Denver

There are a total of 3 zipcodes in or near Southwest Denver, Denver, CO. The average rent for all of these zipcodes is $1,995.

The following chart includes the top 3 zipcodes in Southwest Denver, 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 $1,686 $1,958 $2,500 $1,995
80203, Denver, CO $1,158 $1,425 $1,918 $1,595
80302, Boulder County, CO $1,550 $1,700 $2,863 $2,138

Frequently Asked Questions - Southwest Denver Average Rents

What is the average rent price in Southwest Denver, Denver, CO?
The average monthly rental price for Southwest Denver, Denver, CO apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Southwest Denver, 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 Southwest Denver, Denver, CO.
How much is a studio apartment in Southwest Denver, Denver, CO?
The average monthly rental price for studio apartments is $775 and an average price per square feet of $3.48. There are a total of 2 studio apartment listings currently available for rent in Southwest Denver.
How much is a one bedroom apartment in Southwest Denver, Denver, CO?
The average monthly rental price for one bedroom apartments is $1,300 and an average price per square feet of $2.31. There are a total of 11 one bedroom apartment listings currently available for rent in Southwest Denver.
How much is a two bedroom apartment in Southwest Denver, Denver, CO?
The average monthly rental price for two bedroom apartments is $2,000 and an average price per square feet of $2.20. There are a total of 27 two bedroom apartment listings currently available for rent in Southwest Denver.
How have rent prices in Southwest Denver, Denver, CO changed this year?
Rent prices for rentals in Southwest Denver, Denver, CO can fluctuate yearly. Specifically, studio rental prices have changed by -0.02%, one bedroom rental prices have changed by 0.22%, two bedroom rental prices have changed by -0.12%, and three bedroom rental prices have changed by -0.15% year-over-year.
What is a reasonable rent price in Southwest Denver, Denver, CO?
A reasonable rent price in Southwest Denver, Denver, CO is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.
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