Denver County, Colorado Housing Market Prices
Denver 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 28% above the Colorado median More expensive than 79% of counties in Colorado$618,408
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Median rent 4% above the Colorado median More expensive than 83% of counties in Colorado$1,831
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Denver County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $618,408 | $484,034 | $248,835 |
| Price Trend (Annual %) | 11.8% | 10.4% | 7.5% |
| Median Gross Rent | $1,831 | $1,761 | $1,407 |
| Rent Trend (Annual %) | 7.4% | 6.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Denver County is about 28% higher than in Colorado. Rent is about 4% 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 Denver County, up about 11.8% and 7.4% a year respectively. Home prices are changing faster.
Median rent in Denver County rose about 90.4% between 2015 and 2024, from $962 to $1,831. Over the same span, rent in Colorado rose about 75.6%.
Affordability
On average, housing unit costs 6.5 yearly household incomes in Denver County.
Buying the median-priced home in Denver County costs roughly 28.1 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 Denver County. The price-to-rent ratio in Colorado is about 22.9.
| Metric | Denver County | Colorado Avg | US Average |
|---|---|---|---|
| Median Home Price | $618,408 | $484,034 | $248,835 |
| Median Household Income | $94,979 | $95,803 | $80,455 |
| Price-to-Income Ratio | 6.5 | 5.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Denver County rose about 148.8%, while median household income rose about 101.3% 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 | Denver County | Colorado Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 45.5% | 60.7% | 58.5% |
| Rental Rate | 47.8% | 31.0% | 31.2% |
| Vacancy Rate | 6.7% | 8.3% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Denver County has a homeownership rate of 45.5%, lower than the Colorado average of 60.7%. Its housing vacancy rate is 6.7%, compared with 8.3% in Colorado.
Housing Stock
| Metric | Denver County | Colorado Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.10 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1977 | 1985 | 1978 |
| Median Number of Rooms | 4.5 | 5.7 | 5.5 |
The typical housing unit in Denver County was built around 1977. On average, 2.1 people live in a home with about 4.5 rooms, staying for about 12.0 years on average.
Denver County, CO Housing Compared With Nearby Counties
Denver County, CO is the largest of the 6 counties compared here, 718,150 residents against a local median of 525,525. Where Denver County, CO breaks from the counties next to it is homeownership, sitting 29% below the local median of 68.5% at 48.8%. That is the weaker end of the local range on this measure.
The counties themselves spread 14.7% on homeownership, so Denver County, CO sits at one end of an already wide local range rather than apart from it. Denver County, CO has the 6th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Denver County, CO | 718,150 | $618,408 #3/6 | $1,831 #5/6 | 48.8% #6/6 |
| Broomfield County, CO | 76,305 | $685,833 | $2,126 | 62.7% |
| Jefferson County, CO | 579,346 | $591,210 | $1,861 | 70.7% |
| Douglas County, CO | 377,140 | $701,148 | $2,192 | 77.4% |
| Arapahoe County, CO | 647,849 | $489,057 | $1,890 | 65.0% |
| Adams County, CO | 525,525 | $476,309 | $1,780 | 68.5% |
Frequently Asked Questions
Common questions about the housing market in Denver County, Colorado.
What is the median home price in Denver County, Colorado?
The median home price in Denver County, Colorado is $618,408, higher than the Colorado average of $484,034.
What is the average home price in Denver County, Colorado?
The typical home price in Denver County, Colorado, reported as the median sale price, is $618,408. 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 Denver County, Colorado?
The median gross rent in Denver County, Colorado is $1,831 per month, higher than the Colorado average of $1,761.
What was the median gross rent in Denver County in 2020?
In 2020, the median gross rent in Denver County, Colorado was $1,396 per month.
What is the price-to-rent ratio in Denver County, Colorado?
The price-to-rent ratio in Denver County, Colorado is about 28.1, meaning it would take roughly 28.1 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 Denver County.
Are home prices or rent rising faster in Denver County, Colorado?
Both home prices and rent are rising in Denver County, up about 11.8% and 7.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Denver County, Colorado?
45.5% of households in Denver County, Colorado own their home, lower than the Colorado average of 60.7%.
What is the vacancy rate in Denver County, Colorado?
The housing vacancy rate in Denver County, Colorado is 6.7%, lower than the Colorado average of 8.3%.
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