Arapahoe County, Colorado Housing Market Prices
Arapahoe County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 1% above the Colorado median More expensive than 71% of counties in Colorado$489,057
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Median rent 7% above the Colorado median More expensive than 87% of counties in Colorado$1,890
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Arapahoe County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $489,057 | $484,034 | $248,835 |
| Price Trend (Annual %) | 10.9% | 10.4% | 7.5% |
| Median Gross Rent | $1,890 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Arapahoe County is about 1% higher than in Colorado. Rent is about 7% higher than the Colorado average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Arapahoe County, up about 10.9% and 6.5% a year respectively. Home prices are changing faster.
Median rent in Arapahoe County rose about 75.4% between 2015 and 2024, from $1,078 to $1,890. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 4.8 yearly household incomes in Arapahoe County.
Buying the median-priced home in Arapahoe County costs roughly 21.6 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Arapahoe County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Arapahoe County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $489,057 | $484,034 | $248,835 |
| Median Household Income | $101,681 | $95,803 | $80,455 |
| Price-to-Income Ratio | 4.8 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Arapahoe County rose about 139.0%, while median household income rose about 64.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Arapahoe County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.1% | 60.7% | 58.5% |
| Rental Rate | 33.4% | 31.0% | 31.2% |
| Vacancy Rate | 4.5% | 8.3% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Arapahoe County has a homeownership rate of 62.1%, higher than the Colorado average of 60.7%. Its housing vacancy rate is 4.5%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Arapahoe County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1985 | 1985 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Arapahoe County was built around 1985. On average, 2.5 people live in a home with about 5.9 rooms, staying for about 13.0 years on average.
Arapahoe County, CO Housing Compared With Nearby Counties
Arapahoe County, CO is the 2nd largest of the 6 counties compared here, 647,849 residents against a local median of 377,140. Where Arapahoe County, CO breaks from the counties next to it is median home price, sitting 22% below the local median of $626,775 at $489,057.
The counties themselves spread $224,840 on median home price, so Arapahoe County, CO sits at one end of an already wide local range rather than apart from it. Arapahoe County, CO has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Arapahoe County, CO | 647,849 | $489,057 #5/6 | $1,890 #3/6 | 65.0% #4/6 |
| Adams County, CO | 525,525 | $476,309 | $1,780 | 68.5% |
| Elbert County, CO | 27,839 | $626,775 | $1,310 | 95.0% |
| Denver County, CO | 718,150 | $618,408 | $1,831 | 48.8% |
| Douglas County, CO | 377,140 | $701,148 | $2,192 | 77.4% |
| Broomfield County, CO | 76,305 | $685,833 | $2,126 | 62.7% |
Frequently Asked Questions
Common questions about the housing market in Arapahoe County, Colorado.
What is the median home price in Arapahoe County, Colorado?
The median home price in Arapahoe County, Colorado is $489,057, higher than the Colorado average of $484,034.
What is the average home price in Arapahoe County, Colorado?
The typical home price in Arapahoe County, Colorado, reported as the median sale price, is $489,057. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Arapahoe County, Colorado?
The median gross rent in Arapahoe County, Colorado is $1,890 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Arapahoe County in 2020?
In 2020, the median gross rent in Arapahoe County, Colorado was $1,451 per month.
What is the price-to-rent ratio in Arapahoe County, Colorado?
The price-to-rent ratio in Arapahoe County, Colorado is about 21.6, meaning it would take roughly 21.6 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Arapahoe County.
Are home prices or rent rising faster in Arapahoe County, Colorado?
Both home prices and rent are rising in Arapahoe County, up about 10.9% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Arapahoe County, Colorado?
62.1% of households in Arapahoe County, Colorado own their home, higher than the Colorado average of 60.7%.
What is the vacancy rate in Arapahoe County, Colorado?
The housing vacancy rate in Arapahoe County, Colorado is 4.5%, lower than the Colorado average of 8.3%.
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