Average Rent in Colorado

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Current Versus Historical Colorado Rents

Colorado rentals average $1,560 for a studio rental to $3,135 for a 3-bedroom rental. The median price of all currently available listings is $1,870, or roughly $2 per square feet.
For the apartment units and housing in January 2025, median rents have fallenover the last year. Studio rentals prices have increased by $78 (7.23%) year-over-year from $1,073 to $1,150. 1-bedroom rentals prices have decreased by $102 (-7.28%) year-over-year from $1,397 to $1,295. 2-bedroom rentals prices have decreased by $87 (-5.00%) year-over-year from $1,732 to $1,645. 3-bedroom rentals prices have increased by $28 (1.18%) year-over-year from $2,397 to $2,425. 4-bedroom rentals prices have increased by $142 (4.96%) year-over-year from $2,858 to $3,000. 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 down by 2.54% this month. 1-bedroom rents have gone down by 9.39% this month. 2-bedroom rents have gone down by 8.03% this month. 3-bedroom rents have gone up by 1.08% this month. 4-bedroom rents have gone up by 3.18% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.83 $1,150 $1,073 (7.23%) $1,396 (-17.61%)
1 BR $2.39 $1,295 $1,397 (-7.28%) $1,402 (-7.61%)
2 BR $2.14 $1,645 $1,732 (-5.00%) $1,732 (-5.00%)
3 BR $2.23 $2,425 $2,397 (1.18%) $2,388 (1.54%)

Historical Rents in Colorado

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Colorado

There are a total of 35 cities nearby Colorado. The average rent in Colorado is currently $2,300 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 $2,995 per month.

Let's compare Colorado's rent against other top cities nearby by bedroom size. Typically, rent for studios in Colorado is 45.83% more expensive than other cities nearby. One bedrooms are about 23.83% more expensive. Two bedrooms in Colorado are about 29.46% more expensive. Finally, rent for three bedrooms are about 29.98% more expensive. Want more information? Check out the top 10 cities out of 35 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 $1,037 $1,150 $1,550
Whitney, NV N/A N/A $1,298 $1,799
Denver, CO $1,560 $1,765 $2,485 $1,878
Paradise, NV $1,575 $1,570 $1,595 $1,895
North Las Vegas, NV $798 $999 $1,480 $1,995
Las Vegas, NV $845 $1,195 $1,585 $2,050
Enterprise, NV N/A $1,400 $1,700 $2,200
Henderson, NV N/A $1,435 $1,750 $2,275
Winchester, NV N/A $2,250 $2,510 $2,350

Top Neighborhoods Near Colorado

There are a total of 10 neighborhoods in or near Colorado. Some of these neighborhoods include Downtown Las Vegas, Bella Vita, and Silverado Ranch. We've included all of these top 10 neighborhoods in or near Colorado in the following chart.

The average rent for these 10 neighborhoods in or near Colorado is currently around $2,098 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,098. Interestingly, the neighborhoods' average rent is higher than Colorado's average rent, which is only $1,870. Out of all the neighborhoods in or near Colorado, Downtown Las Vegas has the most affordable average rent at $1,150 per month. Whereas, at $2,568 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 $820 $1,100 $1,250 $1,150
Bella Vita, Spring Valley, NV N/A $1,175 $1,300 $1,275
Silverado Ranch, Paradise, NV N/A $1,350 $1,738 $1,950
Green Valley North, Henderson, NV N/A N/A $1,690 $2,000
The Strip, Paradise, NV $2,075 $1,795 $2,150 $2,095
Green Valley South, Henderson, NV N/A N/A $1,600 $2,100
Mountain Edge, Enterprise, NV N/A N/A $1,823 $2,145
Rhodes Ranch, Spring Valley, NV N/A $1,588 $1,500 $2,199
Mira Villas, Las Vegas, NV N/A N/A $1,795 $2,395
Southern Highlands, Enterprise, NV N/A N/A N/A $2,568

Top Counties Near Colorado

There are a total of 10 counties located by Colorado. Some of these counties include Iron, UT, Grayson, TX, and Hunt, TX. The average rent for rentals in these counties is $1,986. 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 $4,250, Riverside, CA is the most expensive county by Colorado.

Typically, rent for studios in Colorado is 10.10% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Colorado is 18.46% more expensive than other counties nearby. Finally, rent for two bedrooms in Colorado is 24.27% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Iron, UT N/A $595 $1,023 $1,355
Grayson, TX $2,000 $1,175 $1,250 $1,750
Hunt, TX $1,875 $643 $1,300 $1,850
Denver, CO $1,560 $1,765 $2,485 $1,878
Clark, NV $1,150 $1,300 $1,575 $2,095
Denton, TX $2,699 $1,482 $2,000 $2,499
Collin, TX $1,890 $1,538 $2,035 $2,500
Riverside, CA $1,520 $1,950 $3,950 $4,250

Top Zipcodes Near Colorado

There are a total of 32 zipcodes in or near Colorado. The average rent for all of these zipcodes is $2,375. 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 $1,350 per month. In comparison, the zipcode with the most expensive average rent of $3,149 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 $1,300 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,680 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 $3,250 $1,910 $2,495 $2,550
75034, Frisco, TX $2,985 $1,640 $2,245 $2,900
75035, Frisco, TX $2,000 $1,427 $2,151 $2,795
89148, Clark County, NV N/A N/A $1,595 $2,200
89117, Las Vegas, NV N/A $1,300 $1,595 $2,150
89052, Henderson, NV N/A $1,748 $1,800 $2,500
76244, Fort Worth, TX $2,000 N/A $1,913 $2,300
89103, Paradise, NV N/A $1,250 $1,463 $1,600
75098, Wylie, TX $795 N/A N/A $2,550
89123, Paradise, NV N/A $1,448 $1,695 $1,898

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 $1,870. 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 $1,560 and an average price per square feet of $2.83. There are a total of 23 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 $1,706 and an average price per square feet of $2.39. There are a total of 71 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 $2,361 and an average price per square feet of $2.14. There are a total of 56 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 -0.07%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Colorado?
A reasonable rent price in Colorado is around $1,496/month. You can search for these reasonably priced rental listings on RentHop.
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