Average Rent in Colorado

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Current Versus Historical Colorado Rents

Colorado rentals average $1,600 for a studio rental to $3,175 for a 3-bedroom rental. The median price of all currently available listings is $1,845, or roughly $2 per square feet.
For the apartment units and housing in February 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $81 (7.26%) year-over-year from $1,114 to $1,195. 1-bedroom rentals prices have decreased by $155 (-10.69%) year-over-year from $1,450 to $1,295. 2-bedroom rentals prices have decreased by $55 (-3.14%) year-over-year from $1,750 to $1,695. 3-bedroom rentals prices have increased by $3 (0.10%) year-over-year from $2,395 to $2,398. 4-bedroom rentals prices have decreased by $103 (-3.57%) year-over-year from $2,898 to $2,795. 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 2.21% this month. 1-bedroom rents have gone down by 3.78% this month. 2-bedroom rents have gone down by 0.10% this month. 3-bedroom rents have gone up by 3.53% this month. 4-bedroom rents have gone down by 1.38% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.78 $1,195 $1,114 (7.26%) $1,409 (-15.20%)
1 BR $2.45 $1,295 $1,450 (-10.69%) $1,460 (-11.30%)
2 BR $2.09 $1,695 $1,750 (-3.14%) $1,763 (-3.88%)
3 BR $2.17 $2,398 $2,395 (0.10%) $2,375 (0.95%)

Historical Rents in Colorado

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Colorado

There are a total of 33 cities nearby Colorado. The average rent in Colorado is currently $2,250 per month. A total of 7 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 Flower Mound, TX. Monthly rents here are on average $3,000 per month.

Let's compare Colorado's rent against other top cities nearby by bedroom size. Typically, rent for studios in Colorado is 25.88% more expensive than other cities nearby. One bedrooms are about 30.74% more expensive. Two bedrooms in Colorado are about 29.04% more expensive. Finally, rent for three bedrooms are about 32.28% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Colorado in the following chart.
City Studio 1 Bed 2 Bed All
Cedar City, UT N/A $595 $1,023 $1,250
Sunrise Manor, NV N/A $1,000 $1,200 $1,550
Denver, CO $1,555 $1,737 $2,471 $1,798
Paradise, NV $1,950 $1,200 $1,595 $1,950
Spring Valley, NV N/A $1,300 $1,495 $1,999
North Las Vegas, NV $770 $875 $1,498 $2,000
Las Vegas, NV $1,050 $1,200 $1,595 $2,100
Enterprise, NV N/A $1,463 $1,750 $2,200
Henderson, NV N/A $1,495 $1,750 $2,250
Winchester, NV N/A $2,350 $3,000 $2,513

Top Neighborhoods Near Colorado

There are a total of 8 neighborhoods in or near Colorado. Some of these neighborhoods include Downtown Las Vegas, Silverado Ranch, and Green Valley North. We've included all of these top 8 neighborhoods in or near Colorado in the following chart.

The average rent for these 8 neighborhoods in or near Colorado is currently around $2,189 per month. A total of one neighborhood has a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,189. Interestingly, the neighborhoods' average rent is higher than Colorado's average rent, which is only $1,845. Out of all the neighborhoods in or near Colorado, Downtown Las Vegas has the most affordable average rent at $1,648 per month. Whereas, at $2,396 average rent per month, Southern Highlands is the most expensive neighborhood in or near Colorado. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Downtown Las Vegas, Las Vegas, NV $1,050 $1,698 $1,325 $1,648
Silverado Ranch, Paradise, NV N/A $1,250 $1,800 $2,048
Green Valley North, Henderson, NV N/A $1,348 $1,600 $2,050
Mountain Edge, Enterprise, NV N/A N/A N/A $2,177
Rhodes Ranch, Spring Valley, NV N/A $1,600 $1,538 $2,200
The Strip, Paradise, NV $2,125 $2,700 $2,100 $2,249
Mira Villas, Las Vegas, NV N/A N/A $1,895 $2,373
Southern Highlands, Enterprise, NV N/A N/A N/A $2,396

Top Counties Near Colorado

There are a total of 8 counties located by Colorado. Some of these counties include Iron, UT, Denver, CO, and Grayson, TX. The average rent for rentals in these counties is $2,100. That's roughly around $1 per sqft. A total of 3 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 $4,500, Riverside, CA is the most expensive county by Colorado.

Typically, rent for studios in Colorado is 1.56% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Colorado is 28.57% more expensive than other counties nearby. Finally, rent for two bedrooms in Colorado is 30.35% 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 $1,737 $2,471 $1,798
Grayson, TX $2,073 $1,120 $1,299 $1,800
Hunt, TX $1,450 $650 $1,400 $1,850
Clark, NV $1,458 $1,300 $1,595 $2,100
Wise, TX $3,000 N/A $1,495 $2,147
Collin, TX $2,000 $1,495 $2,095 $2,499
Denton, TX $2,625 $1,238 $2,000 $2,500
Riverside, CA $1,575 $1,975 $4,000 $4,500

Top Zipcodes Near Colorado

There are a total of 33 zipcodes in or near Colorado. The average rent for all of these zipcodes is $2,350. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 89119, Paradise, NV at $1,300 per month. In comparison, the zipcode with the most expensive average rent of $3,050 per month is 75024, Plano, TX.

Studios in these zipcodes have an average rent of $26. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Colorado is $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,763 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Colorado. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
75070, McKinney, TX $2,950 $1,910 $2,395 $2,600
75034, Frisco, TX $2,779 $1,630 $2,495 $2,900
75035, Frisco, TX $1,897 $1,524 $2,281 $2,795
89148, Clark County, NV N/A N/A $1,512 $2,248
89117, Las Vegas, NV N/A $1,350 $1,595 $2,295
89052, Henderson, NV N/A $1,595 $1,845 $2,473
76244, Fort Worth, TX $1,875 N/A $1,918 $2,290
89103, Paradise, NV N/A $1,270 $1,499 $1,600
75098, Wylie, TX $2,950 N/A N/A $2,450
89123, Paradise, NV N/A $1,485 $1,650 $1,995

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 $1,845. 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 $1,600 and an average price per square feet of $2.78. There are a total of 27 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 $1,733 and an average price per square feet of $2.45. There are a total of 72 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 $2,290 and an average price per square feet of $2.09. There are a total of 55 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 0.07%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in Colorado?
A reasonable rent price in Colorado is around $1,476/month. You can search for these reasonably priced rental listings on RentHop.
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