Colorado Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Colorado is $1,846, a 1.97% decrease compared to the previous year, when the average rent was $1,883.
Studio Apartments at $1,385 offer the most budget-friendly option with 497 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 717 square feet for $1,630, balancing privacy and affordability.
Two-bedroom units at $2,022 offer 1,031 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,319 sq ft) for $2,547, suitable for larger households.
Average rent in Colorado
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,846 | 878 sq. ft. |
| Studio | $1,385 | 497 sq. ft. |
| 1 Bed | $1,630 | 717 sq. ft. |
| 2 Beds | $2,022 | 1,031 sq. ft. |
| 3 Beds | $2,547 | 1,319 sq. ft. |
Colorado rent trends
What's the typical rent budget in Colorado?
The largest share of rentals in Colorado (41%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Colorado?
802,483 or 34% of the households in Colorado are renter-occupied while 1,571,735 or 66% are owner-occupied.
How Colorado Compares to Other States
| State | Average Rent | Average Apartment Size |
|---|---|---|
| Alabama | $1,333 | 994 sq. ft. |
| Arizona | $1,574 | 868 sq. ft. |
| Arkansas | $1,159 | 894 sq. ft. |
| California | $2,672 | 854 sq. ft. |
| Colorado | $1,846 | 878 sq. ft. |
| Connecticut | $2,200 | 899 sq. ft. |
| Delaware | $1,724 | 929 sq. ft. |
| District of Columbia | $2,446 | 746 sq. ft. |
| Florida | $1,989 | 986 sq. ft. |
| Georgia | $1,650 | 1,029 sq. ft. |
| Idaho | $1,690 | 938 sq. ft. |
| Illinois | $2,066 | 841 sq. ft. |
| Indiana | $1,351 | 911 sq. ft. |
| Iowa | $1,258 | 898 sq. ft. |
| Kansas | $1,339 | 909 sq. ft. |
| Kentucky | $1,350 | 937 sq. ft. |
| Louisiana | $1,248 | 917 sq. ft. |
| Maine | $2,094 | 830 sq. ft. |
| Maryland | $1,897 | 908 sq. ft. |
| Massachusetts | $2,865 | 883 sq. ft. |
| Michigan | $1,432 | 920 sq. ft. |
| Minnesota | $1,666 | 895 sq. ft. |
| Mississippi | $1,334 | 1,013 sq. ft. |
| Missouri | $1,377 | 903 sq. ft. |
| Montana | $1,747 | 897 sq. ft. |
| Nebraska | $1,375 | 933 sq. ft. |
| Nevada | $1,568 | 912 sq. ft. |
| New Hampshire | $2,230 | 887 sq. ft. |
| New Jersey | $2,453 | 875 sq. ft. |
| New Mexico | $1,439 | 840 sq. ft. |
| New York | $2,521 | 888 sq. ft. |
| North Carolina | $1,571 | 979 sq. ft. |
| North Dakota | $1,193 | 965 sq. ft. |
| Ohio | $1,363 | 903 sq. ft. |
| Oklahoma | $1,079 | 859 sq. ft. |
| Oregon | $1,746 | 844 sq. ft. |
| Pennsylvania | $1,823 | 890 sq. ft. |
| Rhode Island | $2,219 | 922 sq. ft. |
| South Carolina | $1,648 | 1,017 sq. ft. |
| South Dakota | $1,214 | 911 sq. ft. |
| Tennessee | $1,555 | 957 sq. ft. |
| Texas | $1,452 | 894 sq. ft. |
| Utah | $1,656 | 935 sq. ft. |
| Virginia | $2,017 | 924 sq. ft. |
| Washington | $2,051 | 831 sq. ft. |
| Wisconsin | $1,648 | 927 sq. ft. |
Popular Cities in Colorado
- Apartments in Arvada $1,844
- Apartments in Aurora $1,661
- Apartments in Avon $2,552
- Apartments in Basalt $3,743
- Apartments in Boulder $2,473
- Apartments in Brighton $1,997
- Apartments in Broomfield $1,984
- Apartments in Castle Rock $2,039
- Apartments in Centennial $2,056
- Apartments in Colorado Springs $1,531
- Apartments in Commerce City $1,887
- Apartments in Denver $1,910
- Apartments in Englewood $1,899
- Apartments in Evans $1,615
- Apartments in Fort Collins $2,047
- Apartments in Glenwood Springs $2,598
- Apartments in Golden $2,205
- Apartments in Grand Junction $1,562
- Apartments in Greeley $1,496
- Apartments in Greenwood Village $2,197
- Apartments in Johnstown $1,909
- Apartments in Lakewood $1,794
- Apartments in Littleton $2,050
- Apartments in Lone Tree $2,041
- Apartments in Loveland $1,900
- Apartments in Northglenn $1,635
- Apartments in Parker $2,047
- Apartments in Pueblo $1,227
- Apartments in Silverthorne $1,663
- Apartments in Thornton $1,789
- Apartments in Westminster $1,849
- Apartments in Wheat Ridge $1,780
- Apartments in Windsor $1,766
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Colorado apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.