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What is the average cost of housing in Denver?
What is the average cost of housing in Denver?
Question & Answer about Denver, Colorado
Updated June 13, 2026
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Question:
What is the average cost of housing in Denver?
What is the average cost of housing in Denver?
The average cost of housing in Denver, Colorado, varies depending on the type of property but generally remains higher than the national average due to the city’s strong economy and growing population. As of early 2024, the median home price in Denver is approximately $550,000 to $600,000. Rental prices for apartments typically range from $1,800 to $2,500 per month, depending on location and size.
Denver’s housing market has been influenced by factors such as a booming tech industry, outdoor lifestyle appeal, and limited housing supply relative to demand. Neighborhoods closer to downtown or with easy access to amenities and public transportation tend to command higher prices. While the cost of living is rising, Denver remains a popular destination for young professionals and families seeking a balance of urban and outdoor life.
Key Points:
- Median home price: around $550,000–$600,000
- Average rent for apartments: $1,800–$2,500/month
- Prices vary by neighborhood and proximity to downtown
- Market driven by strong economy and population growth
Denver’s housing market has been influenced by factors such as a booming tech industry, outdoor lifestyle appeal, and limited housing supply relative to demand. Neighborhoods closer to downtown or with easy access to amenities and public transportation tend to command higher prices. While the cost of living is rising, Denver remains a popular destination for young professionals and families seeking a balance of urban and outdoor life.
Key Points:
- Median home price: around $550,000–$600,000
- Average rent for apartments: $1,800–$2,500/month
- Prices vary by neighborhood and proximity to downtown
- Market driven by strong economy and population growth
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