Average Rent in Colorado

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Current Versus Historical Colorado Rents

Colorado rentals average $1,565 for a studio rental to $3,061 for a 3-bedroom rental. The median price of all currently available listings is $1,853, or roughly $2 per square feet.
For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have increased by $131 (12.31%) year-over-year from $1,064 to $1,195. 1-bedroom rentals prices have increased by $152 (10.85%) year-over-year from $1,398 to $1,550. 2-bedroom rentals prices have increased by $117 (6.73%) year-over-year from $1,733 to $1,850. 3-bedroom rentals prices have decreased by $103 (-4.26%) year-over-year from $2,428 to $2,325. 4-bedroom rentals prices have decreased by $138 (-4.67%) year-over-year from $2,963 to $2,825. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.93% this month. 1-bedroom rents have gone up by 9.05% this month. 2-bedroom rents have gone up by 5.71% this month. 3-bedroom rents have gone up by 1.45% this month. 4-bedroom rents have gone up by 0.65% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.81 $1,195 $1,064 (12.31%) $1,293 (-7.54%)
1 BR $2.47 $1,550 $1,398 (10.85%) $1,462 (6.04%)
2 BR $2.21 $1,850 $1,733 (6.73%) $1,763 (4.91%)
3 BR $2.20 $2,325 $2,428 (-4.26%) $2,362 (-1.55%)

Historical Rents in Colorado

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Colorado

There are a total of 10 cities nearby Colorado. The average rent in Colorado is currently $2,210 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Cedar City, UT, with an average rent of $1,250, is the most affordable city nearby. In contrast, the most expensive city near Colorado is Frisco, TX. Monthly rents here are on average $2,700 per month.

Let's compare Colorado's rent against other top cities nearby by bedroom size. One bedrooms are about 21.48% more expensive. Two bedrooms in Colorado are about 26.65% more expensive. Finally, rent for three bedrooms are about 28.66% more expensive. Want more information? Check out the top 10 cities near Colorado in the following chart.
City Studio 1 Bed 2 Bed All
Cedar City, UT N/A $595 $1,023 $1,250
Denver, CO $1,555 $1,820 $2,535 $1,840
Spring Valley, NV N/A $1,295 $1,475 $1,950
Las Vegas, NV $1,825 $1,200 $1,573 $2,100
Paradise, NV N/A $1,995 $1,725 $2,125
Henderson, NV N/A $1,300 $1,695 $2,295
Enterprise, NV N/A N/A $1,800 $2,295
Plano, TX N/A $1,633 $2,389 $2,550
McKinney, TX $3,250 $1,823 $2,573 $2,575
Frisco, TX $3,800 $1,539 $2,191 $2,700

Top Neighborhoods Near Colorado



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Colorado

Some of these counties include Iron, UT, Denver, CO, and Clark, NV. The average rent for rentals in these counties is $2,200. That's roughly around $1 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Iron, UT. It's average rent per month is $1,355. Vice versa, with an average rent of $2,499, Collin, TX is the most expensive county by Colorado.

Typically, rent for studios in Colorado is 56.55% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Colorado is 16.87% more expensive than other counties nearby. Finally, rent for two bedrooms in Colorado is 0.42% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Iron, UT N/A $595 $1,023 $1,355
Denver, CO $1,555 $1,820 $2,535 $1,840
Clark, NV $2,450 $1,298 $1,650 $2,200
Denton, TX $2,750 $1,503 $2,415 $2,495
Collin, TX $2,799 $1,675 $2,393 $2,499

Top Zipcodes Near Colorado

There is one zipcode in or near Colorado. The average rent for this zipcode is $2,580.

The following chart includes the zipcode in or near Colorado. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $3,000 $1,825 $2,573 $2,580

Frequently Asked Questions - Colorado Average Rents

What is the average rent price in Colorado?
The average monthly rental price for Colorado apartments for rent is approximately $1,853. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Colorado rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Colorado.
How much is a studio apartment in Colorado?
The average monthly rental price for studio apartments is $1,565 and an average price per square feet of $2.81. There are a total of 30 studio apartment listings currently available for rent in Colorado.
How much is a one bedroom apartment in Colorado?
The average monthly rental price for one bedroom apartments is $1,808 and an average price per square feet of $2.47. There are a total of 74 one bedroom apartment listings currently available for rent in Colorado.
How much is a two bedroom apartment in Colorado?
The average monthly rental price for two bedroom apartments is $2,403 and an average price per square feet of $2.21. There are a total of 50 two bedroom apartment listings currently available for rent in Colorado.
How have rent prices in Colorado changed this year?
Rent prices for rentals in Colorado can fluctuate yearly. Specifically, studio rental prices have changed by 0.12%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in Colorado?
A reasonable rent price in Colorado is around $1,482/month. You can search for these reasonably priced rental listings on RentHop.
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