Average Rent In Colorado For December 2020

By Chris Kolmar | HomeSnacks | Updated: 2020-12-07
Average Rent
Average $/sqft

What is the average rent in Colorado?

According to the most recent data from Zillow, the average rent in Colorado for December 2020 is $2,000. With an averge apartment size of 1,285 sqft, the average price per square foot in Colorado is $1.556.

Compared to the national average of $1,650, Colorado rent costs 21.2% more. Read our analysis of rents by state to see how Colorado ranks.

Here's a look at how average rents have changed over time:

Best Places To Live In Colorado

How Does Colorado Rent Compare To The Rest Of The Country?

StatisticCOUSA% Difference
Average Rent $2,000$1,650 21.2%
Average $/sqft $1.556$1.135 37.1%
M-o-M Change $5$0 inf%
Y-o-Y Change $100$5 1900.0%
M-o-M % Change 0.3%0.0% -
Y-o-Y % Change 5.3%0.3% -

Median Rent By Bedrooms In Colorado


As you would expect, the median price for rent in Colorado increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Colorado clocking in at $1,420, while a four bedroom rental will set you back $2,350 per month.

We think the best deal comes in the form of a two bedroom for $1,749 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $587/room/month.

Read on to find out more or for more on Colorado check out:

Month Over Month Colorado Rent Statistics

M-o-M Increase
M-o-M Increase

Colorado has experienced a $5 change in rent over the past month going from $1,995 to $2,000. That change comes out to 0.3%.

For reference, the US national average rent changed $0 in the past month or 0.0%.

Here's a look at the month over month change for each month since 2010 for Colorado:

Year Over Year Colorado Rent Statistics

Y-o-Y Increase
Y-o-Y Increase

Over the past year, the average rent in Colorado changed $100 from $1,900 to $2,000. A change of $100 means that rents changed 5.3% in a year.

That compares to the US national change of $5 in the past year or 0.3%.

Here's a look at the year over year change by month since 2011 for Colorado:

The 10 Places With The Highest Rent In Colorado

Cherry Hills Village, CO

Population: 6,542
Median Rent: $2,333
More on Cherry Hills Village: Real Estate | Data | Photos

Castle Pines, CO
Source: Public domain

Population: 10,623
Median Rent: $1,874
More on Castle Pines: Real Estate | Data | Photos

Superior, CO

Population: 12,879
Median Rent: $1,843
More on Superior: Real Estate | Data | Photos

Erie, CO

Population: 22,019
Median Rent: $1,830
More on Erie: Real Estate | Data | Photos

Monument, CO

Population: 6,760
Median Rent: $1,798
More on Monument: Real Estate | Data | Photos

Greenwood Village, CO

Population: 15,397
Median Rent: $1,774
More on Greenwood Village: Real Estate | Data | Photos

Source: Public Domain

Population: 14,386
Median Rent: $1,761
More on John: Real Estate | Data

Lone Tree, CO

Population: 13,430
Median Rent: $1,720
More on Lone Tree: Real Estate | Data | Photos

Centennial, CO

Population: 108,448
Median Rent: $1,662
More on Centennial: Real Estate | Data | Photos

Broomfield, CO

Population: 64,283
Median Rent: $1,594
More on Broomfield: Real Estate | Data | Photos

Learn More About Living In Colorado

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn.

Average Rent By State

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