City Report · CO

Broomfield

Pop. 76,304·34th most expensive in Colorado·Rental market data updated monthly for Broomfield, CO
Median rent (all units)
$2,081/mo
Year-over-Year
+4.9%
Month-over-Month
+2.3%
vs US Median
+$119
Rising (Monthly)
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Most AffordableMost Expensive
Broomfield · $2,081
More expensive than 63% of US cities · National median $1,962/mo
Rent Reality Score
60/100
Good value
OverheatedFairGreat value

Rents are 5% below what Broomfield's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,081/mo
Expected by trend
$2,191/mo
The Rent Reality Score compares today's median rent to where Broomfield's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,840
1 BR
$2,010
2 BR
$2,405
3 BR
$3,140
4 BR+
$3,515
Fair Market Rent (HUD)
$2,405/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,081 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$24,972/yr
At $2,081/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.9% YoY, +2.3% MoM), not inventory.
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Demographics

Who lives here

Broomfield, CO is majority owner-occupied, has a median income above the national average, 60.3% of residents hold a bachelor's degree or higher.

Population
76,304
Median income
$123,874
Median age
38.6
Renters
37.3%
Age distribution
20.5%
24%
28.5%
15.6%
Under 1820.5%
18–3424%
35–5428.5%
55–6411.4%
65+15.6%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
76%
14.1%
White76%
Black1.1%
Hispanic14.1%
Asian7%
Other1.7%
Education (25+)
12.3%
23.8%
60.3%
No HS diploma3.6%
HS diploma12.3%
Some college23.8%
Bachelor's+60.3%
Housing tenure
62.7%
37.3%
Owner62.7%
Renter37.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Broomfield, CO has changed in 5 years

Rent
$1,696 → $2,081
up 22.7%
Income
$107,570 → $123,874
up 15.2%
Population
72,697 → 76,304
up 5.0%
Renter share
34.7% → 37.3%
+2.6 pts
Bachelor's+
57.8% → 60.3%
+2.5 pts

Across the past five years, the going rent in Broomfield, CO has shifted from $1,696 to $2,081, up 22.7% since 2021. Median household income climbed from $107,570 to $123,874 between 2021 and 2024, a 15.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Broomfield, CO adding about 3,607 residents over the five-year window, up 5.0% on net. The renter share has risen from 34.7% to 37.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 57.8% to 60.3% across the same window. Taken together, the five-year picture in Broomfield, CO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Broomfield rent history (2015–2026) →
Salary vs rent

Can you afford rent in Broomfield on your salary?

At $2,081/mo, how Broomfield rent compares to typical pay (30% rule).

By apartment size

Broomfield rent by bedroom count

Median rent for each apartment size in Broomfield. Click any size for full breakdown.

Local insights

Tips for renters in Broomfield

About renting in Broomfield, CO

Last updated: August 17, 2026

The median rent in Broomfield is $2,081/mo as of August 2026. A studio apartment averages $1,840/mo while a 2-bedroom runs $2,405/mo. One-bedroom apartments average $2,010/mo and 3-bedroom units go for $3,140/mo.

At 20% of local median household income ($123,874/yr), Broomfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

Is Broomfield an affordable city for renters?

Broomfield is considered very affordable for renters. At $2,081/mo, rent takes approximately 20% of the local median household income ($123,874/yr). The standard benchmark is 30%. Broomfield falls comfortably within that range.

How much income do you need to rent in Broomfield?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,081/mo in Broomfield. The local median household income is $123,874/yr, meaning the typical Broomfield household meets that threshold.

Is rent going up or down in Broomfield?

Rent in Broomfield has increased 4.9% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Broomfield neighborhoods have the lowest rent?

The most affordable ZIP codes in Broomfield are 80023 ($2,054/mo), and 80020 ($2,141/mo). Citywide, the median rent in Broomfield is $2,081/mo.

How does Broomfield rent compare to other cities in Colorado?

Broomfield is middle-of-the-pack for Colorado for rent, ranking #34 out of 67 tracked cities at $2,081/mo.

Which nearby cities are cheaper to rent in than Broomfield?

Several nearby cities have lower median rents than Broomfield ($2,081/mo): Federal Heights ($1,505/mo), Northglenn ($1,509/mo), Westminster ($1,887/mo).

What percentage of Broomfield residents rent vs. own?

According to Census data, approximately 37.3% of Broomfield households are renters, while 62.7% are owner-occupied. Broomfield leans toward homeownership, which can mean a smaller rental inventory.

How does Broomfield rent compare to the national average?

Broomfield's median rent of $2,081/mo is $119 (6%) above the US national median of $1,962/mo. Within Colorado, it ranks #34 out of 67 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $2,081/mo, rent takes ~20% of Broomfield's median household income ($123,874/yr). The standard benchmark is 30%.

Broomfield 20%Benchmark 30%
State income tax4.4%
Run the Broomfield affordability calculator →
Lowest-rent ZIP codes in Broomfield
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Neighborhoods

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Schools nearby

Public schools near Broomfield, CO

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