Denver
Colorado · Ranked #355 of 373 metros
30Crisis
💡
Housing in Denver costs 5.93× the median income, above the national average of 4.5×. The median home price is $611K and median rent is $1,898/month. Denver ranks #355 of 373 metros for affordability.
Median Home Price
🏠$611K
Need $166K income
Median Rent
🔑$1,898
Need $72K income
Housing Shortage
📉65,000
units needed
Building Permits
🔨20,000
annual
Median Income
💰$103K
Pop: 2,963,821
Rent Burden
⚠️33.5%
of renters paying >30%
Price Change (YoY)
📈+2%
Homeownership
🏡63.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Denver | National |
|---|---|---|
| Price-to-Income Ratio | 5.93x | 6.1x |
| Rent Burden | 33.5% | 31.5% |
| Homeownership Rate | 63.0% | 65.5% |
| YoY Price Change | +2% | +3.5% |
| YoY Rent Change | +1.2% | +2.8% |
| Mortgage Denial Rate | 11.5% | 13.5% |
| Eviction Rate | 4.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +43.3%Since 2000: +210.4%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,643/mo
1 Bedroom$1,754/mo
2 Bedroom$2,089/mo
3 Bedroom$2,734/mo
4 Bedroom$3,049/mo
Zillow Market Data
Home Value (ZHVI)
$567K
1yr: -3.2%5yr: +18.0%
Rent (ZORI)
$1,844/mo
1yr: -0.9%5yr: +19.7%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$730K
Active Inventory
99
Days on Market
77
Sold Above List
7.1%
Price Drops
40.4%