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What to Know About
Living in Denver, CO
Denver is known as the "Mile High City," where the stunning natural beauty of the Rocky Mountains meets the thriving energy of an urban lifestyle. Immerse yourself in the city's cultural scene by visiting the Denver Art Museum, one of the largest art museums between the West Coast and Chicago, or catch a performance at the Denver Center for the Performing Arts, one of the largest performing arts centers in the country. The breathtaking Red Rocks Park and Amphitheater are not to be missed, with its legendary acoustics making it a fantastic venue for outdoor concerts.
Outdoor enthusiasts will also love exploring the nearby Rocky Mountains, with its abundant hiking, mountain biking, and skiing opportunities, and with professional teams like the Denver Broncos (NFL), Colorado Avalanche (NHL), Colorado Rockies (MLB), and the Denver Nuggets (NBA) and it a sports lovers paradise. Denver also offers events like the National Western Stock Show, one of the largest stock shows in the world, and the Great Divide Brewing Company's Oktoberfest.
With its natural beauty, thriving cultural scene, and exciting energy, Denver is the perfect place for those seeking an active lifestyle.
Rental Market Trends
Denver, CO
As of June 2025, Denver's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Denver's average rent is 11.7% ($220) lower than the Colorado average of $1,886 and 6.6% ($118) lower than the U.S. average of $1,784.
Average Rent
$1,666
Monthly ChangeMonth Over Month Change
0.9% ($15)
Yearly ChangeYear Over Year Change
12.6% ($240)
Avg. Days on MarketAverage Days on Market
30
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,415 | 1.3% ($19) | 13.7% ($224) |
| 2 Beds | $1,871 | 2.6% ($50) | 13.3% ($287) |
| 3 Beds | $2,918 | 0.2% ($5) | 0.1% ($3) |
| Nearby Cities | Average Rent | Avg. Rent vs. DenverAverage Rent vs. Denver | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Wheat Ridge | $1,572 | 5.6% ($94) | 28 days |
| Englewood | $1,490 | 10.6% ($176) | 28 days |
| Westminster | $1,495 | 10.3% ($171) | 25 days |
| Arvada | $1,663 | 0.2% ($3) | 29 days |
| Aurora | $1,760 | 5.6% ($94) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Denver Rental Market FAQs
Explore rental prices, market trends, and availability in Denver, CO.
The average rent in Denver, CO is $1,666 per month.
Homes in Denver typically rent for between $991 and $3,793 per month, with an average of $1,666 per month.
In Denver, the average rent for a 1-bedroom home is $1,415 per month, for a 2-bedroom home, $1,871 per month, and a 3-bedroom home is $2,918 per month.
The average rent in Denver is 6.6% ($118) lower than the national average of $1,784 per month.
The average rent in Denver has increased by 0.9% ($15) in the last month and decreased by 12.6% ($240) over the past year.
The rental market in Denver, CO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Denver, CO, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1,587 rental property available in Denver, CO.
Based on the current averages, a household would need an annual income of $74,840 to comfortably afford a 2-bedroom home in Denver.
