What Is the Common Hire in Denver, CO?


As of February 2023, the typical condominium hire in Denver, CO is $1,495 for a studio, $1,605 for one bed room, $1,963 for 2 bedrooms, and $2,555 for 3 bedrooms. Condominium hire in Denver has elevated by 9.5% prior to now yr. 

Denver, Colorado was established within the mid-1800s as a mining city throughout the Gold Rush. Yow will discover a steadiness between the previous and new of Denver with rows of eating places, unbiased retailers, and full of life nightlife in Victorian-era buildings downtown.
Denver is a superb selection for outside lovers with its location within the foothills of the Rocky Mountains. Locals get pleasure from greater than 5,000 acres of parks, trails, golf programs, and playgrounds. Denver can also be crammed with cultural facilities, together with
the Denver Botanic Gardens, Union Station, Ogden Theatre, the Denver Zoo, the Denver Artwork Museum, and the Denver Museum of Nature and Science. With many selections of various actions, Denver has turn out to be a best choice for outdoor-loving households! 

Denver with mountains in the background.

 

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

504 sq. ft

$1,495/mo.

1 BR

734 sq. ft.

$1,605/mo.

2 BR

1,092 sq. ft.

$1,963/mo.

3 BR

1,280 sq. ft.

$2,555/mo.

Statistic

Worth

Per Capita Earnings

$56,712

Median Family Earnings

$87,692

Whole Inhabitants

3,051,974 folks

Common Age

38 years previous

Common Hire

$1,941 per thirty days

Common Hire Change

4.48%

Regardless of who you might be, selecting a neighborhood may be robust. That’s why we have created this breakdown of the typical hire in Denver by a number of the metropolis’s well-liked neighborhoods.  In the event you need assistance figuring out how a lot you possibly can afford to pay
in hire, try our rent affordability calculator.

Capitol Hill

The capitol building in Denver, CO lit up at night.

Denver’s well-known Capitol Hill is a thriving city neighborhood with native boutiques, stylish bars, and low retailers. Locals love the sights, such because the Denver Artwork Museum and Civic Middle Park. Right here you’ll discover flats starting from historic
to fashionable with the typical hire starting from $1,110 to $2,375 per thirty days.  With its various neighborhood, historic significance, and considerable sights, there’s no place fairly like Capitol Hill in Denver! 

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

410 sq. ft.

$1,096/mo.

1 BR

614 sq. ft.

$1,344/mo.

2 BR

910 sq. ft.

$1,789/mo.

3 BR

1,102 sq. ft.

$2,352/mo.

City Park

Hiking trails and a lake with fountain in Denver's City Park neighborhood.

 

Discovered a mile east of downtown Denver, Metropolis Park offers locals with a mix of each nature and metropolis life. The park has a number of playgrounds, picnic spots, lakeside trails, and historic monuments. It’s also possible to discover the Denver Zoo and the Denver Museum
of Nature and Science proper in Metropolis Park, creating the proper space to boost a household. Right here you’ll discover hire starting from $1,309 to $3,197 per thirty days, barely above the general common however good for lively households!

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

487 sq. ft.

$1,337/mo.

1 BR

686 sq. ft.

$1,611/mo.

2 BR

1,026 sq. ft.

$2,407/mo.

3 BR

1,374 sq. ft.

$3,204/mo. 

Five Points

Lights, flags, and a painted street in Five Points, Denver CO.

 

North of Downtown Denver, 5 Factors has cultivated a stylish and pedestrian-friendly neighborhood with city allure. Residents benefit from the Mercury Café, the Roxy Denver, and the Cervantes’ Masterpiece. 5 factors is residence to an array of native
companies similar to Rosenberg’s Bagels, Dunbar Kitchen, and Faucet Home. Renters can select between an abundance of high-rise, fashionable, and splendid flats, with a mean hire ranging between $1,572 per thirty days $2,224 per thirty days. In the event you’re
in search of one thing extra inexpensive and household pleasant, try City Park! 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

510 sq. ft. 

$1,495 /mo. 

713 sq. ft. 

$1,777 /mo. 

2 BR 

1,038 sq. ft. 

$2,186 /mo. 

3 BR 

1,245 sq. ft. 

$1,474 /mo. 

Sunnyside

Lush, wooded greenspace in Denver's Sunnyside neighborhood.

 

Sunnyside is a vibrant neighborhood with a mix of historic allure, fashionable facilities, and family-friendly sights. First established in 1858, Sunnyside is without doubt one of the authentic neighborhoods within the North of Denver. Right here locals get pleasure from a large
number of espresso retailers, boutiques, and upscale eating places. With extra luxurious choices comes increased hire, starting from $1,821 per thirty days to $3,781 per thirty days. Sunnyside is a high choice for commuters, however in the event you’re in search of a extra inexpensive
neighborhood try Five Points. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

504 sq. ft. 

$1,495 /mo. 

1 BR 

734 sq. ft. 

$1,605 /mo. 

1,092 sq. ft. 

$1,963 /mo. 

3 BR 

1,280 sq. ft. 

$2,555 /mo. 

Hale 

Purple flowers blooming in Hale, Denver CO.

Hale has created the proper small-town really feel simply three miles away from the center of Denver. Residents love the protected, neighborly ambiance and entry to Lindsey Park, which presents tennis courts, a baseball discipline, and a playground for the proper
household day on the park. Even with the small neighborhood, Hale has one thing to presents for everybody. From high-end condos to inexpensive leases starting from $1,434 per thirty days to $3,459 per thirty days, Hale is a superb neighborhood for anybody looking for
an condominium in Denver. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

497 sq. ft. 

$1,362 /mo. 

1 BR 

660 sq. ft. 

$1,492 /mo. 

978 sq. ft. 

$2,045 /mo. 

3 BR 

1,566 sq. ft. 

$3,441 /mo. 

Lincoln Park 

A paved trail through beautiful Lincoln Park in Denver, CO.

Lincoln Park is the commercial a part of Denver’s metro space. This premier location is simply exterior of downtown with proximity to different well-liked neighborhoods. As part of the Santa Fe Arts District, Lincoln Park serves as an awesome place to dwell
for anybody in search of tradition. Hire in Lincoln Park ranges from $1,609 per thirty days to $1,827 per thirty days, however if you cannot discover sufficient house on this busy neighborhood, try the City Park neighborhood. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

496 sq. ft. 

$1,538 /mo. 

598 sq. ft. 

$1,543 /mo. 

935 sq. ft. 

$1,533 /mo. 

Riverfront Park 

Pedestrian bridge in Riverfront Park, Denver CO.

Redevelopment has outlined the Riverfront Park neighborhood. Backdropped by the Millennium Bridge, the neighborhood has been reworked into a stylish, thriving neighborhood. Residents love the neighborhood actions and the eating places, retailers, and scenic
views that the river offers. Anybody fortunate sufficient to snag an condominium in Riverfront Park has quite a lot of fashionable flats to select from with hire costs starting from $1,841 per thirty days to $17,116 per thirty days. In the event you’re in search of a neighborhood
with a smaller vary, try Capitol Hill

Beds 

Avg. Sq. Ft. 

Avg. Hire 

598 sq. ft. 

$1,770 /mo. 

800 sq. ft. 

$2,360 /mo. 

2 BR 

1,293 sq. ft. 

$3,443 /mo. 

3,365 sq. ft. 

$14,550 /mo. 

You may have loads of choices within the Mile Excessive Metropolis, from its beautiful views of the Rocky Mountains to its incredible sports activities groups. Once you’re prepared to begin your search, you may discover quite a lot of apartments in Denver to select from.

Condominium hire knowledge is offered by CoStar Group’s February 2023 Denver Market Report.

Up to date February 1, 2023 to mirror present hire costs.

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