Cost of Living in Denver County, Colorado
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Denver County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Denver County, Colorado
Denver's rent burden outpaces nation
Denver residents spend 23.2% of their income on rent, compared to the national median of roughly 28-30% for renters nationally, putting the county in moderate territory. With a median household income of $91,681—well above the national average of $74,755—Denverites earn more but also face steeper housing costs than most Americans.
Above average among Colorado counties
Denver's 23.2% rent-to-income ratio exceeds Colorado's state average of 20.2%, placing it in the less affordable tier within the state. The county's median rent of $1,770 is 41% higher than the statewide average of $1,253.
More expensive than most Colorado peers
Denver's median rent of $1,770 edges out Eagle County ($2,032) and Douglas County ($2,095), making it the third-priciest rental market among its peer counties. However, Denver households earn significantly less than Douglas County ($145,737) and Elbert County ($129,477), narrowing its affordability advantage.
Renting costs more than buying here
Renters pay $1,770 monthly while homeowners face $1,979 in monthly costs on a median home value of $586,700. On a $91,681 median income, Denver households dedicate roughly 23% to rent or 26% to mortgage payments, leaving limited room for other expenses.
High earners find Denver reasonable
If you're relocating to Colorado and earning above $90,000, Denver offers urban amenities with manageable housing costs. But renters on smaller incomes should compare El Paso County ($1,609 rent) or Fremont County ($1,036 rent) for significantly lower burden.
Affordability Calculator
See how your income compares to housing costs in Denver County
Rent Burden
23.2%
of gross income
Max Housing (28% Rule)
$2,139
per month
Owner Cost Burden
25.9%
of gross income
The median home in Denver County may be a stretch
Median home value is $586,700. Estimated monthly cost: $4,684 vs. your max of $2,139.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.