Renting in Denver costs about $1,895 a month, and the typical home is listed at $639,000. That puts the price-to-rent ratio at 28.1: a typical home costs as much as 28.1 years of rent.
Denver now and in 2031
| Now | 2031 (projected) | |
|---|---|---|
| Typical asking rent | $1,895/mo | $1,600/mo |
| Typical list price | $639,000 | $711,000 |
| Price-to-rent ratio | 28.1 | — |
Rent is projected at -3.3% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (-3.0%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+5.8% a year). These are trends carried forward, not predictions of the next market turn.
How to read the price-to-rent ratio
The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.
By ZIP code
| ZIP | Median rent | Rental listings | Median list price | Sale listings |
|---|---|---|---|---|
| 80219 | $1,600/mo | 181 | $440,000 | 284 |
| 80239 | $2,500/mo | 76 | $425,000 | 136 |
| 80249 | $2,700/mo | 199 | $445,000 | 230 |
| 80210 | $1,695/mo | 275 | $865,000 | 315 |
| 80211 | $2,100/mo | 368 | $750,000 | 436 |
| 80220 | $1,325/mo | 300 | $674,999 | 305 |
What this doesn't account for
Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.
Source: RentCast market data for 6 of Denver's 27 ZIP codes (the most populous, home to 36% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.
Frequently asked questions
How much is rent in Denver, CO?
Typical asking rent is $1,895 a month, across 1,399 active rental listings in 6 ZIP codes.
How much do homes cost in Denver, CO?
The typical list price is $639,000, across 1,706 active sale listings in 6 ZIP codes. List prices are asking prices, not final sale prices.
What is the price-to-rent ratio in Denver, CO?
About 28.1: the typical list price equals 28.1 years of typical rent. The higher the ratio, the more buying costs relative to renting.