Denver Rent Prices in 2026: What the Data Actually Shows

Denver was one of the great migration stories of the last decade, and rent followed the crowd up the mountain. That climb has mostly stopped. Denver's median rent is $1,846 as of June 2026, up less than 1% over the year, which for a metro this popular reads as a plateau. A household on the city's $94,718 median income spends about 23% of gross pay on that rent. All figures here are from RentDataNow.
Aurora: the metro's value anchor
Aurora runs $1,745, below the city proper, and it is where a lot of priced-out Denver renters end up. The trade is real square footage and easier parking for a longer commute, but the rent-to-income picture stays reasonable. Lakewood at $1,786 and Thornton at $1,875 round out the mid-tier, and Thornton is one of several northern suburbs where rent actually slipped over the past year.
The premium tier: Arvada, Centennial, Boulder
Arvada crosses into the $2,000s at $2,060, and Centennial reaches $2,150 against a high $131,928 median income that keeps the ratio near 20%. The outlier is Boulder at $2,449, the most expensive rent in the metro by a wide margin. Boulder's reported median income of $87,493 is dragged down by University of Colorado students, so the on-paper 34% rent burden overstates the squeeze on full-time professional households while understating it for everyone living on a student budget.
Where rent is slipping
Several Front Range suburbs posted year-over-year declines, including Thornton, Westminster at $1,790, and Broomfield at $1,943. These are not dramatic drops, but in a metro that spent ten years going one direction, a falling number changes the negotiation. A renewal offer in a suburb where the market softened is a renewal you can push back on.
Summary for Denver renters
The frantic phase is over. Denver rent is high relative to where it sat in 2015, but it has stopped sprinting, and a handful of suburbs are giving a little back. If you want the lowest number, look north and east toward Aurora and Thornton. If budget is no object and you want the foothills, Boulder will take it. Compare any two Front Range cities with the RentDataNow compare tool, or see where Denver lands nationally on the most-expensive rankings.
Frequently Asked Questions
What is the average rent in Denver in 2026?
Denver's median rent is $1,846 as of April 2026, up less than 1% year over year. After a decade of rapid increases driven by in-migration, the market has leveled off and several Front Range suburbs have started to soften.
Which Denver suburb has the cheapest rent?
Aurora is the most affordable large suburb at a $1,745 median, below Denver proper. Thornton and Westminster are also relatively affordable and both posted small year-over-year rent declines.
Why is Boulder rent so much higher than Denver?
Boulder's $2,449 median is the highest in the metro because of tight supply, strict growth limits, and demand from both the University of Colorado and the tech and research sector. Its reported income figure is skewed low by the large student population, so the on-paper rent burden looks steeper than it is for full-time professional households.
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Jennifer Han has been tracking rental markets for years, partly out of professional interest and partly because renting in America has gotten genuinely weird. Jennifer was a real-estate agent and she writes about rent trends, housing costs, and what the data actually means for people trying to find a decent place to live without blowing their budget.
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