City Report · CO

Castle Rock

Pop. 79,123·14th most expensive in Colorado·Castle Rock rents are up 16.9% over the past year
Median rent (all units)
$2,493/mo
Year-over-Year
+16.9%
Month-over-Month
+1.9%
vs US Median
+$528
Rising (Monthly)
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Most AffordableMost Expensive
Castle Rock · $2,493
More expensive than 79% of US cities · National median $1,965/mo
Rent Reality Score
46/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Castle Rock's 10-year trend predicts.

Actual rent
$2,493/mo
Expected by trend
$2,447/mo
The Rent Reality Score compares today's median rent to where Castle Rock's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,870
1 BR
$2,040
2 BR
$2,440
3 BR
$3,185
4 BR+
$3,565
Research median
$2,440/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$29,916/yr
At $2,493/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.9% YoY, +1.9% MoM), not inventory.
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Demographics

Who lives here

Castle Rock, CO is majority owner-occupied, has a large share of families with children, has a median income above the national average, 55.9% of residents hold a bachelor's degree or higher.

Population
79,123
Median income
$145,197
Median age
36.5
Renters
21.2%
Age distribution
26.1%
21.2%
30.9%
Under 1826.1%
18–3421.2%
35–5430.9%
55–6410.4%
65+11.4%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
81.2%
White81.2%
Black0.8%
Hispanic11.7%
Asian2.6%
Other3.7%
Education (25+)
13.7%
27.6%
55.9%
No HS diploma2.9%
HS diploma13.7%
Some college27.6%
Bachelor's+55.9%
Housing tenure
78.8%
21.2%
Owner78.8%
Renter21.2%

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

2021 vs 2026

How Castle Rock, CO has changed in 5 years

Rent
$1,884 → $2,493
up 32.3%
Income
$121,388 → $145,197
up 19.6%
Population
71,037 → 79,123
up 11.4%
Renter share
21.7% → 21.2%
-0.5 pts
Bachelor's+
52% → 55.9%
+3.9 pts
Median age
35.7 → 36.5
+0.8 yrs

The median rent in Castle Rock, CO stood at $1,884 in 2021 and currently runs about $2,493, reflecting a 32.3% increase over the period. Local incomes tracked alongside that move, going from a median of $121,388 in 2021 to $145,197 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 11.4% since 2021, moving from about 71,037 residents to roughly 79,123. College-educated residents now make up 55.9% of adults here, versus 52% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Castle Rock, CO market of 2021.

Community

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View Castle Rock rent history (2015–2026) →
Salary vs rent

Can you afford rent in Castle Rock on your salary?

At $2,493/mo, how Castle Rock rent compares to typical pay (30% rule).

By apartment size

Castle Rock rent by bedroom count

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

Local insights

Tips for renters in Castle Rock

About renting in Castle Rock, CO

Last updated: July 20, 2026

The median rent in Castle Rock is $2,493/mo as of July 2026. A studio apartment averages $1,870/mo while a 2-bedroom runs $2,440/mo. One-bedroom apartments average $2,040/mo and 3-bedroom units go for $3,185/mo.

At 21% of local median household income ($145,197/yr), Castle Rock ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.9% over the past year.

FAQ

Frequently asked questions

Is Castle Rock an affordable city for renters?

Castle Rock is considered very affordable for renters. At $2,493/mo, rent takes approximately 21% of the local median household income ($145,197/yr). The standard benchmark is 30%. Castle Rock falls comfortably within that range.

How much income do you need to rent in Castle Rock?

To keep rent at or below 30% of gross income, you would need to earn at least $100,000/year (~$48/hour full-time) to afford the median rent of $2,493/mo in Castle Rock. The local median household income is $145,197/yr, meaning the typical Castle Rock household meets that threshold.

Is rent going up or down in Castle Rock?

Rent in Castle Rock has increased 16.9% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Castle Rock neighborhoods have the lowest rent?

The most affordable ZIP codes in Castle Rock are 80104 ($2,474/mo), and 80109 ($2,699/mo). Citywide, the median rent in Castle Rock is $2,493/mo.

How does Castle Rock rent compare to other cities in Colorado?

Castle Rock is one of the pricier cities in Colorado for rent, ranking #14 out of 66 tracked cities at $2,493/mo.

Which nearby cities are cheaper to rent in than Castle Rock?

Several nearby cities have lower median rents than Castle Rock ($2,493/mo): Cherry Creek ($1,894/mo), Lone Tree ($2,011/mo), Monument ($2,148/mo).

What percentage of Castle Rock residents rent vs. own?

According to Census data, approximately 21.2% of Castle Rock households are renters, while 78.8% are owner-occupied. Castle Rock leans toward homeownership, which can mean a smaller rental inventory.

How does Castle Rock rent compare to the national average?

Castle Rock's median rent of $2,493/mo is $528 (27%) above the US national median of $1,965/mo. Within Colorado, it ranks #14 out of 66 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,493/mo, rent takes ~21% of Castle Rock's median household income ($145,197/yr). The standard benchmark is 30%.

Castle Rock 21%Benchmark 30%
State income tax4.4%
Run the Castle Rock affordability calculator →
Lowest-rent ZIP codes in Castle Rock
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Castle Rock, CO

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