Denver, CO Rental Market
Denver has emerged as one of the premier tech and knowledge-economy hubs in the Mountain West, drawing major corporate relocations and expansions with its combination of no state income tax appeal, outdoor lifestyle, and Anschutz Medical Campus — the largest academic medical center in the region. A steady influx of out-of-state professionals, particularly from California and the Midwest, has sustained rental demand even as the market has matured from its peak 2021–2022 growth phase.
Get a rent estimate for an address in DenverAverage Rent in Denver, CO
$1,850
per month · 2026-06
Market Score
Key Facts — Denver, CO Rental Market
- Average rent in Denver, CO:$1,850/mo
- Median rent:$1,702/mo
- Rent range:$925 – $4,050/mo
- Most common rental (2 bedrooms):$1,625/mo
- Active listings:4,200
- Avg days to lease:26 days
- Year-over-year change:+2.8%
- Median home value:$480,000
- Est. gross annual yield:4.6%
- Data as of:2026-06
Rent by Bedroom in Denver, CO
Average monthly rent for each bedroom type based on current active listings in Denver.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,325/mo |
2 Bedrooms | $1,625/mo |
3 Bedrooms | $2,075/mo |
4 Bedrooms | $2,550/mo |
5 Bedrooms | $2,925/mo |
Denver Rental Market Statistics
Key indicators from the current Denver, CO rental market.
4,200
Available now in Denver
26
From list to lease
$1.42
Average across listings
1,300 sq ft
Typical rental size
$925 – $4,050
Min to max active listings
+2.8%
Avg rent vs. prior year
Investing in Denver, CO Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$480,000
Typical purchase price in Denver
Est. Gross Annual Yield
4.6%
Before expenses & vacancy
Avg Monthly Income
$1,850
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Denver for a full cash-flow breakdown including all costs.
Denver, CO Rental Market FAQ
Common questions about renting and investing in Denver, CO.
What is the average rent in Denver, CO?
The average rent in Denver, CO is $1,850 per month as of 2026. One-bedroom apartments average $1,325/mo, two-bedrooms average $1,625/mo, and three-bedroom homes average $2,075/mo. Neighborhoods like Capitol Hill, LoHi, Five Points, and the Platte River corridor command premium rents, while outer neighborhoods like Montbello and Green Valley Ranch offer more affordable options.
Is Denver, CO a good place to invest in rental property?
Denver offers a 4.6% estimated gross yield — compressed by high home values — but compensates with strong long-term appreciation fundamentals. The Anschutz Medical Campus employs over 30,000 people and continues expanding, while Denver International Airport and a growing tech sector (Google, Amazon, Palantir campuses) create a diverse, high-income tenant base. Steady 2.8% year-over-year rent growth provides consistent income support.
How competitive is the Denver, CO rental market?
Denver has over 4,200 active listings and averages 26 days on market — a fast-paced environment for a large market. The most competitive submarkets are LoHi, Five Points, and RiNo (River North Art District), where creative professionals and young tech workers compete for a limited supply of quality urban rentals. Properties near light rail stations and the Cherry Creek trail system also lease quickly.
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