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:
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:
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:
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: