Denver County, Colorado Housing Market

In Denver County, Colorado, the median home value is $616,000, with a median monthly rent of $1,831. This places Denver County at #78 nationally out of 3134 counties by median home value, and #14 within Colorado.

Median Home Value $616,000
Median Rent $1,831/mo
Owner Occupancy 48.8%
Price/Rent Ratio 28.0

📈 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 Denver County fell -0.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

486,058
jobs (private sector)
  • Avg weekly wage: $2,106
  • Establishments: 42,706
  • BLS QCEW, 2025
🏗️

Housing Supply

4,727
new units authorized (2025)
  • Single-family: 1,027
  • Multi-family: 3,700
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+9921
net migration (filers, 2021-2022)
  • Inflow: 332,396 (avg $129,267)
  • Outflow: 322,475 (avg $132,542)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 80235 294.2 +4.51% 2025
2 80206 303.2 +4.05% 2025
3 80249 251.7 -2.70% 2025
4 80227 293.3 +0.90% 2025
5 80207 345.6 -1.06% 2025
6 80232 292.9 -1.73% 2025
7 80210 342.7 +1.42% 2025
8 80226 306.8 -0.22% 2025
9 80211 392.9 -1.38% 2025
10 80214 341.4 -1.10% 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 Denver County Compares

MetricDenver CountyColorado AverageU.S. Average
Median Home Value $616,000 $427,512 $227,706
Median Gross Rent $1,831 $1,302 $968
Owner Occupancy Rate 48.8% 71.9% 73.3%
Price/Rent Ratio 28.0 26.3 18.7

Market Analysis

The median home value in Denver County is 44.1% above the Colorado state average and 170.5% above the U.S. national average. The median rent of $1,831/month is 40.6% above the state average.

With a price-to-rent ratio of 28.0, Denver County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Denver County has an owner-occupancy rate of 48.8%, 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
Douglas County Nevada $615,400 $1,593
Solano County California $617,700 $2,163
Essex County Massachusetts $619,100 $1,756
Yolo County California $620,700 $1,857
Clackamas County Oregon $611,000 $1,758

Other Counties in Colorado

CountyMedian Home ValueMedian RentOwner Occ.
Gunnison County $621,800 $1,252 66.8%
Clear Creek County $608,500 $1,467 81.6%
Grand County $601,500 $1,493 73.4%
Jefferson County $637,600 $1,861 70.7%
La Plata County $591,500 $1,504 70.9%

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).