Average Rent in Southwest Denver, Denver, CO

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 $1,943, or roughly $2 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 $142 (-9.15%) year-over-year from $1,554 to $1,412. 1-bedroom rentals prices have decreased by $595 (-30.99%) year-over-year from $1,920 to $1,325. 2-bedroom rentals prices have decreased by $576 (-25.30%) year-over-year from $2,276 to $1,700. 3-bedroom rentals prices have decreased by $796 (-23.79%) year-over-year from $3,346 to $2,550. 4-bedroom rentals prices have increased by $268 (9.61%) year-over-year from $2,783 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 4.25% this month. 1-bedroom rents have gone down by 12.02% this month. 2-bedroom rents have gone down by 9.17% this month. 3-bedroom rents have gone down by 0.94% this month. 4-bedroom rents have gone down by 6.15% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.48	$1,412	$1,554 (-9.15%)	$1,463 (-3.51%)
1 BR	$2.31	$1,325	$1,920 (-30.99%)	$1,553 (-14.67%)
2 BR	$2.21	$1,700	$2,276 (-25.30%)	$1,608 (5.70%)
3 BR	$2.19	$2,550	$3,346 (-23.79%)	$2,858 (-10.79%)
4+ BR	$1.67	$3,050	$2,783 (9.61%)	$2,620 (16.41%)

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 $1,725, 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 $2,455 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 35.16% more affordable than other cities nearby. One bedrooms are about 2.08% more affordable. Two bedrooms in Southwest Denver, Denver, CO are about 9.43% more expensive. Finally, rent for three bedrooms are about 5.00% 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	$1,353	$1,750	$1,725
Longmont, CO	N/A	$1,247	$1,775	$1,850
Denver, CO	$1,535	$1,525	$2,400	$1,995
Aurora, CO	$1,048	$1,225	$1,800	$2,100
Boulder, CO	$1,473	$1,700	$2,450	$2,455

Top Neighborhoods Near Southwest Denver

There are a total of 1 neighborhoods in or near Southwest Denver. We've included all of these top 1 neighborhoods in or near Southwest Denver, Denver, CO in the following chart.

The average rent for these 1 neighborhoods in or near Southwest Denver, Denver, CO is currently around $1,893 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Southwest Denver, West Colfax has the most affordable average rent at $1,893 per month. Whereas, at $1,893 average rent per month, West Colfax is the most expensive neighborhood in or near Southwest Denver. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
West Colfax, Denver, CO	$1,546	$1,876	$2,861	$1,893

Top Counties Near Southwest Denver

There are a total of 1 counties located by Southwest Denver, Denver, CO. Some of these counties include Jefferson, CO, Adams, CO, and Denver, CO. The average rent for rentals in these counties is $2,096. 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 50.32% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Southwest Denver, Denver, CO is 2.55% more affordable than other counties nearby. Finally, rent for two bedrooms in Southwest Denver, Denver, CO is 3.77% 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	$1,800	$1,800
Adams, CO	$1,045	$1,299	$1,700	$1,970
Denver, CO	$1,535	$1,525	$2,400	$1,995
Arapahoe, CO	$1,180	$1,295	$1,925	$2,197
Boulder, CO	$1,199	$1,695	$2,200	$2,405
Douglas, CO	N/A	$1,368	$2,550	$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 $1,983.

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	$1,553	$1,893	$2,683	$1,983
80203, Denver, CO	$1,158	$1,425	$1,918	$1,595
80302, Boulder County, CO	$1,550	$1,700	$2,875	$2,150

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 $1,943. 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 $1,325 and an average price per square feet of $2.31. There are a total of 13 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 $1,988 and an average price per square feet of $2.21. There are a total of 28 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 -0.09%, one bedroom rental prices have changed by -0.31%, two bedroom rental prices have changed by -0.25%, and three bedroom rental prices have changed by -0.24% 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 $1,554/month. You can search for these reasonably priced rental listings on RentHop.