City Report · CO

Broomfield

Pop. 76,304·28th most expensive in Colorado·Rental market data updated monthly for Broomfield, CO
Median rent (all units)
$2,115/mo
Year-over-Year
+1.1%
Month-over-Month
+0.6%
vs US Median
+$183
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Broomfield · $2,115
More expensive than 66% of US cities · National median $1,932/mo
Rent Reality Score
69/100
Good value
OverheatedFairGreat value

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

Actual rent
$2,115/mo
Expected by trend
$2,340/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 $2,115 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Broomfield usually run 1.4% below trend in January and 1.6% above it in July, about $63 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Broomfield is 1.8% below its high of $2,154 in July 2024, at $2,115 as of September 2026.

Past year vs. the rest of Colorado

Rent in Broomfield changed +1.1% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Broomfield rose 25.5% while median household income rose 28.5% ($96,416 to $123,874). Income kept ahead of rent.

Since before the pandemic

Rent in Broomfield is 23% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($123,874) is $3,097 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,405); a 3-bedroom is $3,140.

Cheaper nearby

Northglenn, 4 miles away, rents for 28% less ($1,515/mo), about $7,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Broomfield. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,380/yr
At $2,115/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.1% YoY, +0.6% 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
$1,803 → $2,115
up 17.3%
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 $1,803 to $2,115, up 17.3% since 2021. Median household income climbed from $107,570 to $123,874 between 2021 and 2024, a 15.2% shift. 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.

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

Can you afford rent in Broomfield on your salary?

At $2,115/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: October 17, 2026

The median rent in Broomfield is $2,115/mo as of October 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 1.1% over the past year.

FAQ

Frequently asked questions

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 $85,000/year (about $41/hour full-time) to afford the median rent of $2,115/mo in Broomfield. The local median household income is $123,874/yr, so the typical household meets that bar.

Is rent going up or down in Broomfield?

Rent in Broomfield has risen 1.1% over the past year as of September 2026. It sits 1.8% below its high of $2,154 in July 2024.

When is the cheapest time to rent in Broomfield?

Asking rents in Broomfield are usually lowest in January, about 1.4% below their yearly trend, and highest in July, about 1.6% above it. At today's median that is a gap of roughly $63 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Broomfield?

No. From 2019 to 2024, rent in Broomfield rose 25.5% while median household income rose 28.5%, from $96,416 to $123,874. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Broomfield neighborhoods have the lowest rent?

The most affordable ZIP codes in Broomfield are 80023 ($2,085/mo), and 80020 ($2,196/mo). Citywide, the median rent is $2,115/mo.

How does Broomfield rent compare to other cities in Colorado?

Broomfield is in the middle among Colorado cities for rent, ranking #28 of 68 tracked cities at $2,115/mo. Over the year to September 2026, rent in Broomfield changed +1.1%, against a typical +1.4% across the 60 Colorado cities Zillow tracks.

Which nearby cities are cheaper to rent in than Broomfield?

Nearby cities with lower median rent than Broomfield ($2,115/mo) include Federal Heights ($1,508/mo), Northglenn ($1,515/mo), and Westminster ($1,872/mo).
Income Affordability
20%
VERY AFFORDABLE

At $2,115/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%
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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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