Thornton, CO Rental Market Trends
Highlights
The average rent for an apartment in Thornton is $1,424, a 1% increase compared to the previous year, when the average rent was $1,405.
Average Rent in Thornton, CO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,424 | 1% | 853 sq. ft. |
The average size for a Thornton, CO apartment is 853 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Thornton, CO Apartment Rent Ranges
- $701-$1,0004%
- $1,001-$1,50062%
- $1,501-$2,00031%
- > $2,0003%
Thornton, CO Occupied Housing Units
- Renter-occupied Households27%
- Owner-occupied Households72%
12,177 or 27% of the households in Thornton, CO are renter-occupied while 32,568 or 72% are owner-occupied.
Thornton, CO Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | May / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Thornton, CO | $1,269 | $1,342 | $1,351 | $1,325 | $1,327 | $1,405 | $1,405 | $1,450 | $1,466 | $1,424 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Thornton, CO By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Twin Lakes | $1,218 |
| Sherrelwood | $1,218 |
| Berkley | $1,218 |
| Federal Heights | $1,325 |
| Welby | $1,396 |
| Northglenn | $1,400 |
| Brighton | $1,476 |
| North Washington | $1,477 |
| Westminster | $1,521 |
| Shaw Heights | $1,533 |
| Commerce City | $1,562 |
| Derby | $1,578 |
The most affordable neighborhoods in Thornton are Berkley, where the average rent goes for $1,218/month, Sherrelwood, where renters pay $1,218/mo on average, and Twin Lakes, where the average rent goes for $1,218/mo. If you’re looking for other great deals, check out the listings from Federal Heights ($1,325), Welby ($1,396), and Northglenn ($1,400), where the asking prices are below the average Thornton rent of $1,424/mo.
The most expensive neighborhoods in Thornton are Shaw Heights ($1,533), Commerce City ($1,562) and Derby ($1,578).
The most popular neighborhood in Thornton is Westminster, where there are 17 verified RENTCafé listings with an average rent of $1,521. Next up is Northglenn, where apartments go for $1,400/month, followed by Brighton with $1,476 If you’re looking to rent in Thornton’s most popular neighborhoods, make sure to also check out Sherrelwood, where renters pay $1,218 on average, and Berkley, where the average monthly rent is $1,218.
Thornton | Rent Comparison by Neighborhood
Rent in Berkley is 17% lower than in Brighton
Berkley rent is 14% lower than Thornton average
| Average Rent | $1,218 |
|---|
Brighton rent is 4% higher than Thornton average
| Average Rent | $1,476 |
|---|
How Thornton Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Denver | $1,674 | 3% |
| Boulder | $1,970 | 2% |
| Colorado Springs | $1,191 | 6% |
| Aurora | $1,350 | 2% |
| Lakewood | $1,525 | 4% |
| Westminster | $1,503 | 4% |
| Thornton | $1,424 | 1% |
| Arvada | $1,444 | 4% |
| Wheat Ridge | $1,400 | 5% |
| Greeley | $1,173 | 2% |
| Broomfield | $1,599 | 3% |
For more information about the Thornton rental trends, check out our monthly rent report
Check out Colorado Cities, Colorado Neighborhoods and Colorado Zip Codes for more details on verified listings, including the Colorado Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!