Arapahoe County, Colorado Housing Market

In Arapahoe County, Colorado, the median home value is $561,200, with a median monthly rent of $1,891. This places Arapahoe County at #96 nationally out of 3134 counties by median home value, and #20 within Colorado.

Median Home Value $561,200
Median Rent $1,891/mo
Owner Occupancy 64.7%
Price/Rent Ratio 24.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Arapahoe County fell -0.1% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

299,680
jobs (private sector)
  • Avg weekly wage: $1,747
  • Establishments: 26,076
  • BLS QCEW, 2025
🏗️

Housing Supply

3,599
new units authorized (2025)
  • Single-family: 1,735
  • Multi-family: 1,864
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+8830
net migration (filers, 2021-2022)
  • Inflow: 284,748 (avg $119,316)
  • Outflow: 275,918 (avg $121,378)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Arapahoe County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 80018 291.4 — 2025
2 80247 224.8 -11.27% 2025
3 80111 302.9 -1.03% 2025
4 80016 242.9 -3.88% 2025
5 80246 335.8 -5.20% 2025
6 80110 318.1 -3.45% 2025
7 80112 308.4 +4.09% 2025
8 80122 303.6 +2.10% 2025
9 80113 330.0 -0.44% 2025
10 80129 282.9 +0.96% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Arapahoe County Compares

MetricArapahoe CountyColorado AverageU.S. Average
Median Home Value $561,200 $427,512 $227,706
Median Gross Rent $1,891 $1,302 $968
Owner Occupancy Rate 64.7% 71.9% 73.3%
Price/Rent Ratio 24.7 26.3 18.7

Market Analysis

The median home value in Arapahoe County is 31.3% above the Colorado state average and 146.5% above the U.S. national average. The median rent of $1,891/month is 45.2% above the state average.

With a price-to-rent ratio of 24.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Arapahoe County has an owner-occupancy rate of 64.7%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Riverside County California $557,300 $1,901
Plymouth County Massachusetts $556,000 $1,747
Kitsap County Washington $555,100 $1,822
Larimer County Colorado $569,100 $1,716
Multnomah County Oregon $552,700 $1,646

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Larimer County $569,100 $1,716 64.0%
Gilpin County $573,900 $1,658 87.5%
Park County $532,100 $2,161 86.2%
La Plata County $591,500 $1,504 70.9%
Garfield County $527,800 $1,637 69.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).