Average Rent in Denver, CO

Denver's rental market has cooled from its pandemic-era highs. New construction has increased supply, and rent growth has nearly flattened. This is a great time for tenants to negotiate favorable terms.

+0.5%YoY

Studio

$1,350

1-Bedroom

$1,650

2-Bedroom

$2,100

3-Bedroom

$2,600

Market Overview

Year-over-Year Change+0.5%

Vacancy Rate6.9%

Renter Population50%

Median Income$72,661/yr

Rent-to-Income Ratio27.2%

Cost of Living Index113 (US avg: 100)

Market Condition

Renter-Friendly

Market conditions favor renters. Good time to negotiate.

Tenant Protections

Security deposit return within 30 days (60 with agreement)
Warranty of habitability
Right to withhold rent for health/safety issues
Protection against retaliatory eviction
21-day notice for lease termination

HUD Fair Market Rent (2025)

Fair Market Rent (FMR) is set by the U.S. Department of Housing and Urban Development for the Denver-Aurora-Lakewood, CO metro area.

Studio

$1,065

1-Bed

$1,248

2-Bed

$1,495

3-Bed

$1,958

4-Bed

$2,215

Rent by Neighborhood in Denver

LoDo (Lower Downtown)

Historic district with Coors Field, Union Station, and vibrant nightlife.

Walk Score: 90Safety: 7/10

1-Bed

$2,100

2-Bed

$2,700

3-Bed

$3,300

Capitol Hill

Eclectic neighborhood with restaurants, music venues, and walkability.

Walk Score: 88Safety: 6/10

1-Bed

$1,500

2-Bed

$1,900

3-Bed

$2,400

RiNo (River North)

Art district with breweries, murals, and converted warehouse living.

Walk Score: 72Safety: 6/10

1-Bed

$1,900

2-Bed

$2,400

3-Bed

$3,000

Cherry Creek

Upscale area with luxury shopping, spas, and fine dining.

Walk Score: 65Safety: 9/10

1-Bed

$2,000

2-Bed

$2,500

3-Bed

$3,100

Wash Park

Beautiful park neighborhood popular with young professionals and families.

Walk Score: 70Safety: 8/10

1-Bed

$1,700

2-Bed

$2,200

3-Bed

$2,700

Buildings in Denver

View All

Tips for Renting in Denver

1Denver's market has cooled - leverage flat/declining rents in negotiations
2New construction means many complexes offer 1-2 months free rent incentives
3Colorado has no rent control, but high vacancy gives you bargaining power
4Check altitude adjustment time if you're new - it can affect your apartment search timeline