Average Rent by Neighborhood in Denver, CO: What to Expect
Rent in Denver runs between approximately $1,036 and $2,919 per month, depending on the neighborhood. The citywide apartment average is $1,887, down about 2.63% year over year. By unit type, studios average $1,429, one-bedrooms $1,703, two-bedrooms $2,192, and three-bedrooms $2,802. That spread exists because Denver is not one rental market; it is dozens of them, each shaped by proximity to downtown, walkability, and the type of housing stock available. This guide breaks down exactly what rent looks like across every major Denver neighborhood, so you know what to expect before signing a lease or pricing a rental.
At Evernest Denver, our team tracks rental markets across major U.S. metros and works with property owners navigating pricing decisions every day. The figures below pull from RentCafe, Yardi Matrix, Apartments.com, ApartmentFinder, and Rentable, all updated in 2026.
How We Collected This Data
Rent figures in this guide combine two sources:
- leases handled by Evernest's Denver team between January and March 2026,
- 2 public market data from RentCafe, Yardi Matrix, Apartments.com, ApartmentFinder, and Rentable.
- For neighborhood-level averages, we lean primarily on RentCafe and Yardi Matrix, which cover buildings of 50+ units across the metro.
Denver rents shift quarter to quarter, particularly in high-demand neighborhoods like Capitol Hill, RiNo, and LoHi, where new construction and continued in-migration create dynamic pricing conditions. The figures here represent a Q1 2026 snapshot. Seasonal softening typically occurs in Q4 and winter months, so renters searching during November through February may find slightly lower asking prices than what this guide shows.
We update this guide quarterly to keep neighborhood ranges current. If you are budgeting for a move several months out, use these figures as a baseline and expect a modest variation of 3 to 7% in either direction, depending on timing and availability.
Rent Prices Across Denver by Unit Type
Before getting into neighborhoods, it helps to know the city-wide baselines. The Denver apartment average is at $1,887, some places around $1,624 to $1,822, depending on the area sampled. The gap comes down to which properties each platform tracks. The real number for most renters lands somewhere in between.
Rent Price in Denver by Type of Property
Average Apartment Rent by Denver Neighborhood, Most Affordable to Most Expensive
Denver has dozens of rental neighborhoods. Here's where rent lands across the most affordable, most expensive, and most available areas in the city.
Most Affordable - Apartment
Most Expensive -Apartment
Most Available - Apartment
Average House Rent Price in Denver
The citywide average rent for a single-family house in Denver is approximately $2,586 (2-bed), $2,919 (3-bed), and $3,389 (4-bed). Prices vary widely by school district quality, lot size, and neighborhood age. Affordable southwest neighborhoods come in well under $2,000 for 2-bed homes, while premier areas like Cherry Creek and Belcaro exceed $4,500 for the same bedroom count.
Most Affordable - House
Most Expensive - House
Average Condo Rent Price in Denver
The citywide average rent for a condo in Denver runs roughly 5 to 15% above the apartment average, reflecting ownership-style finishes, larger floor plans, and HOA amenities. The lowest condo rents concentrate in Southeast Denver micro-areas like Glen Meadows; the highest sit in Cherry Creek, Belcaro, Downtown, and LoDo.
Most Affordable - Condo
Most Expensive - Condo
Average Townhouse Rent Price in Denver
The citywide average rent for a townhouse in Denver is approximately $2,400 to $3,000 per month, reflecting the premium for private entrances, attached garages, and multi-floor layouts. Affordable southwest townhouses start in the $1,300 range, while inner-loop neighborhoods like LoHi, Platt Park, and Cherry Creek push above $4,000 for 4-bed units.
Most Affordable - Townhouse
Most Expensive - Townhouse
Frequently Asked Questions
What is the average rent in Denver, CO?
The average rent in Denver sits between $1,624 (Apartments.com) and $1,887 (RentCafe / Yardi Matrix) per month for apartments. Single-family houses are higher: $2,586 (2-bed), $2,919 (3-bed), and $3,389 (4-bed) per RentEst.
Which Denver neighborhood has the cheapest rent?
Glen Meadows Condominiums is technically the lowest entry at $1,036 per month, but it is a specific condo development. Among traditional Denver neighborhoods, Ruby Hill ($1,070) and Barnum West ($1,084) are the most affordable for apartments. For houses, Ruby Hill ($1,750 average) and Mar Lee ($1,775) lead.
Which Denver neighborhood has the most expensive rent?
Cherry Creek is the most expensive traditional Denver neighborhood across every property type - $2,919 for apartments, $3,210 for condos, $4,030 for townhouses, and $4,933 for single-family houses. Belcaro and Country Club follow closely on the house side, while Downtown Denver and LoDo dominate the condo and apartment top tier.
Is Denver rent going up or down?
Denver apartment rent is down 2.63% year over year (from $1,938 to $1,887). Trends vary by submarket: Uptown +1.92%, RiNo -1.84%, Downtown +3.57%. Single-family house rents have softened more: 3-bed homes down 9.7% YoY and 4-bed homes down 4.2%.
What salary do I need to afford rent in Denver?
At the RentCafe citywide apartment average of $1,887, you would want a gross income of roughly $75,500 per year (30% rule). At the lower Apartments.com average of $1,624, that drops to roughly $65,000. For a 3-bedroom Denver house at $2,919 citywide, plan for ~$117,000. In Cherry Creek, where a 3-bed house averages $4,800, plan for ~$192,000.
Do most people rent or own in Denver?
51% of Denver households are renter-occupied, compared to 49% owner-occupied.
How much does a three-bedroom house rent for in Denver?
Three-bedroom houses in Denver average $2,919 per month citywide. In affordable neighborhoods like Harvey Park, Ruby Hill, or Bear Valley, three-bedroom homes run $1,750 to $1,850. In Cherry Creek and Belcaro, three-bedroom houses run $4,400 to $4,800.
Final Thoughts
Rent in Denver ranges from just over $1,000 for apartments in Ruby Hill and Barnum West to over $6,000 for 4-bedroom houses in Cherry Creek. Affordable areas like Harvey Park, Ruby Hill, and Mar Lee offer real value. Premium areas like Cherry Creek, Belcaro, Country Club, and Downtown / LoDo consistently outperform the city average across every property type.
For property owners, these price differences translate directly into rental income potential. If you own a rental in Denver and want to know exactly what your property should be commanding, our team offers property management services in Denver across every price tier, from single-family homes in Bear Valley to condos in Cherry Creek.
Sources
RentCafe / Yardi Matrix - Denver citywide averages (April 2026): https://www.rentcafe.com/average-rent-market-trends/us/co/denver/
RentCafe Uptown Denver: https://www.rentcafe.com/average-rent-market-trends/us/co/denver/uptown-denver/
RentCafe Downtown Denver: https://www.rentcafe.com/average-rent-market-trends/us/co/denver/downtown-denver/
RentCafe RiNo Denver: https://www.rentcafe.com/average-rent-market-trends/us/co/denver/rino-denver/
RentEst - Denver single-family house averages by bedroom (2026): https://rentest.ai/rent-reports-by-city/co/denver
Rent.com - Denver rent trends 2026: https://www.rent.com/colorado/denver-apartments/rent-trends
Apartments.com - Belcaro: https://www.apartments.com/belcaro-denver-co/
Apartments.com - Harvey Park: https://www.apartments.com/harvey-park-denver-co/
Apartments.com - Denver market trends: https://www.apartments.com/rent-market-trends/denver-co/
ApartmentFinder - Denver cheapest neighborhoods: https://www.apartmentfinder.com/Cheapest-Neighborhoods/Colorado/Denver
ApartmentFinder - Downtown Denver condos: https://www.apartmentfinder.com/Colorado/Denver/Downtown-Denver-Neighborhood-Condos
Rentable - Belcaro and Ruby Hill rent data: https://www.rentable.co/denver-co/neighborhoods/belcaro
RentHop - Denver bedroom-level averages: https://www.renthop.com/average-rent-in/denver-co
Zumper - Denver rent research: https://www.zumper.com/rent-research/denver-co
Evernest acquires Cobalt Creek Property Management: https://www.prnewswire.com/news-releases/national-real-estate-firm-evernest-acquires-denver-property-management-business-301560137.html
Evernest acquires ParkSide Property Management: https://www.evernest.co/evernest-newsroom/evernest-acquires-denver-based-parkside-property-management

