Home to the largest rodeo, outdoor ice skating rink, and mineral hot springs pool in the United States, Colorado has an enormous amount of outdoor activities and stunning sights. If you’re thinking about moving here to enjoy all the beautiful natural scenery this state has to offer, this Colorado Rent Report will give you insight on state trends by highlighting the most affordable cities, showing which metro cities are growing the fastest, and comparing the most populous cities on rent prices and growth rates.
The Most Expensive Cities
-Boulder
At a median of $1,440 a month for a one bedroom apartment, Boulder takes the spot for the most expensive city in Colorado to rent. Boulder is currently $360 more expensive than the $1,080 state median.
-Greenwood Village
Only $10 behind Boulder, Greenwood Village is the second most expensive city in Colorado to rent, with a median one bedroom rent of $1,430.
-Louisville
Louisville takes the spot for the third most expensive city to rent with a median one bedroom rent of $1,390, which is $310 more expensive than the state median.
The Least Expensive Cities
-Pueblo
With a median one bedroom rent of $510, Pueblo is the least expensive, and therefore most affordable, city in Colorado to rent. The rent in Pueblo is $570 less expensive than the state median and a whopping $930 less expensive than Boulder, the most expensive Colorado city.
-Grand Junction
Only $20 more than Pueblo, Grand Junction is the second least expensive city in Colorado to rent, with a median one bedroom rent of $530 a month. Grand Junction is currently $550 less expensive than the state median.
-Colorado Springs & Greeley
Tied for the third, Colorado Springs and Greeley are the third least expensive cities to rent in Colorado. Colorado Springs and Greeley’s $690 median one bedroom rent is $390 less expensive than the state median.
Cities With The Fastest Growing Rents
-Boulder
With a huge median growth rate of 15.5% since last year, Boulder has the fastest growing (and the most expensive) rent prices in Colorado. The growth rate outpaces the state median growth rate of 5.6% by a considerable margin. The current median one bedroom of $1,440 is up $220 from last year.
-Northglenn
As the second fastest growing city in Colorado, Northglenn has a growth rate of 13.7%. The current median one bedroom rent here is $1,080, up $145 from last year.
-Parker
Less than half a percentage point behind Northglenn, Parker is the third fastest growing city in Colorado with a median growth rate of 13.3%. The median one bedroom price is currently $1,280, up $170 from a year ago.
Growth Comparison Of Most Populous Cities
-Denver
With a growth rate of 12.8%, Denver is the fastest growing and most populous city in Colorado. Denver is currently ranked as the 4th most expensive city to rent in Colorado and, according to the most recent Zumper National Rent Report, is the 13th most expensive city to rent in the United States.
-Aurora
At a negative growth rate of -3.2%, Aurora’s median rent has the slowest growth rate among the most populous cities in Colorado.
Rent Price Comparison Of The Most Populous Cities
Highlights
Pueblo’s $590 median one bedroom rent stands out as significantly less than the rest of the most populous cities, over $800 less expensive than the city with the highest population, Denver.
Eight of the ten most populous cities in Colorado have median rent prices that are either at or below the state median, so affordability exists in the larger regions here.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Boulder, CO | $1,440 | 1.40% | 15.20% | $1,860 | 9.40% | 16.30% |
| 2 | Greenwood Village, CO | $1,430 | 2.10% | 5.90% | $1,800 | 0.00% | 14.60% |
| 3 | Louisville, CO | $1,390 | 2.20% | 1.50% | $1,700 | 3.70% | 9.70% |
| 4 | Denver, CO | $1,320 | 3.10% | 12.80% | $1,810 | 2.30% | 24.00% |
| 5 | Broomfield, CO | $1,310 | 0.00% | 7.40% | $1,580 | 0.00% | 3.90% |
| 5 | Centennial, CO | $1,310 | 0.00% | 6.50% | $1,690 | 1.20% | 16.60% |
| 7 | Parker, CO | $1,280 | 0.80% | 13.30% | $1,540 | -0.60% | 14.10% |
| 8 | Lone Tree, CO | $1,270 | -1.60% | -3.10% | $1,600 | 1.90% | -3.00% |
| 9 | Littleton, CO | $1,240 | -3.10% | 10.70% | $1,630 | -1.20% | 17.30% |
| 9 | Highlands Ranch, CO | $1,240 | -2.40% | 3.30% | $1,640 | 1.90% | 11.60% |
| 11 | Lafayette, CO | $1,140 | 0.00% | 4.60% | $1,570 | 1.90% | 14.60% |
| 12 | Castle Rock, CO | $1,130 | 1.80% | -1.70% | $1,510 | 2.70% | 8.60% |
| 13 | Northglenn, CO | $1,080 | 1.90% | 13.70% | $1,290 | 0.00% | 10.30% |
| 13 | Westminster, CO | $1,080 | -1.80% | 6.90% | $1,250 | -6.00% | -3.10% |
| 13 | Lakewood, CO | $1,080 | 0.00% | 2.90% | $1,310 | -0.80% | -2.20% |
| 16 | Fort, Collins, CO | $1,030 | 2.00% | -1.90% | $1,240 | 5.10% | 3.30% |
| 17 | Golden, CO | $1,000 | -2.00% | 5.30% | $1,280 | 0.00% | 2.40% |
| 18 | Englewood, CO | $990 | -1.00% | 5.30% | $1,580 | 1.30% | 15.30% |
| 19 | Arvada, CO | $950 | -2.10% | 9.20% | $1,300 | 4.00% | 16.10% |
| 20 | Thornton, CO | $930 | 2.20% | -1.10% | $1,240 | 3.30% | 3.30% |
| 21 | Aurora, CO | $900 | -1.10% | -3.20% | $1,270 | -2.30% | 5.80% |
| 21 | Longmont, CO | $900 | 3.40% | -4.30% | $1,150 | -4.20% | -4.20% |
| 23 | Wheat Ridge, CO | $850 | 0.00% | 6.30% | $1,260 | 0.80% | 14.50% |
| 24 | Cimarron Hills, CO | $700 | 0.00% | 9.40% | $800 | -2.40% | 9.60% |
| 25 | Greeley, CO | $690 | 0.00% | 7.80% | $860 | 3.60% | 1.20% |
| 25 | Colorado Springs, CO | $690 | 3.00% | -1.40% | $930 | 0.00% | 3.30% |
| 27 | Grand Junction, CO | $530 | -3.60% | 6.00% | $820 | 1.20% | -6.80% |
| 28 | Pueblo, CO | $510 | -5.60% | 2.00% | $660 | 0.00% | 8.20% |
About Zumper
The Zumper State Report analyzed rental data from over 12,000 active listings across Colorado in September. Data is aggregated on a monthly basis to calculate median asking rents.
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