City Report · CO

Dakota Ridge

Pop. 33,753·56th most expensive in Colorado·Rental market data updated monthly for Dakota Ridge, CO
Median rent (all units)
$1,727/mo
Year-over-Year
-5.0%
Month-over-Month
-4.1%
vs US Median
-$238
Falling (Monthly)
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Most AffordableMost Expensive
Dakota Ridge · $1,727
More affordable than 58% of US cities · National median $1,965/mo
Affordability
17% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,727/mo, rent takes about 17% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$120,822/yr
Based on the 30%-of-income rule using Dakota Ridge's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,238
1 BR
$1,355
2 BR
$1,619
3 BR
$2,116
4 BR+
$2,367
Research median
$1,619/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: March 21, 2026

Annual cost
$20,724/yr
At $1,727/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.0% YoY, -4.1% MoM), not inventory.
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Demographics

Who lives here

Dakota Ridge, CO is majority owner-occupied, has a median income above the national average, 51% of residents hold a bachelor's degree or higher.

Population
33,753
Median income
$120,822
Median age
41.1
Renters
16.4%
Age distribution
20%
20.8%
27.7%
15.5%
16.1%
Under 1820%
18–3420.8%
35–5427.7%
55–6415.5%
65+16.1%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
77.3%
16.6%
White77.3%
Black0.9%
Hispanic16.6%
Asian3.8%
Other1.5%
Education (25+)
17.8%
27.9%
51%
No HS diploma3.3%
HS diploma17.8%
Some college27.9%
Bachelor's+51%
Housing tenure
83.6%
16.4%
Owner83.6%
Renter16.4%

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

2021 vs 2026

How Dakota Ridge, CO has changed in 5 years

Income
$106,635 → $120,822
up 13.3%
Population
34,361 → 33,753
down 1.8%
Renter share
15.6% → 16.4%
+0.8 pts
Bachelor's+
48.3% → 51%
+2.7 pts
Median age
40.1 → 41.1
+1.0 yrs

Median household income rose from $106,635 to $120,822 between 2021 and 2024, a 13.3% shift. The population has contracted by 1.8% since 2021, moving from about 34,361 residents to roughly 33,753. College-educated residents now make up 51% of adults here, versus 48.3% in 2021.

Community

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View Dakota Ridge rent history (2015–2026) →
Salary vs rent

Can you afford rent in Dakota Ridge on your salary?

At $1,727/mo, how Dakota Ridge rent compares to typical pay (30% rule).

By apartment size

Dakota Ridge rent by bedroom count

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

Local insights

Tips for renters in Dakota Ridge

About renting in Dakota Ridge, CO

Last updated: March 21, 2026

The median rent in Dakota Ridge is $1,727/mo as of March 2026. A studio apartment averages $1,238/mo while a 2-bedroom runs $1,619/mo. One-bedroom apartments average $1,355/mo and 3-bedroom units go for $2,116/mo.

At 17% of local median household income ($120,822/yr), Dakota Ridge ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.0% over the past year.

FAQ

Frequently asked questions

Is Dakota Ridge an affordable city for renters?

Dakota Ridge is considered very affordable for renters. At $1,727/mo, rent takes approximately 17% of the local median household income ($120,822/yr). The standard benchmark is 30%. Dakota Ridge falls comfortably within that range.

How much income do you need to rent in Dakota Ridge?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,727/mo in Dakota Ridge. The local median household income is $120,822/yr, meaning the typical Dakota Ridge household meets that threshold.

Is rent going up or down in Dakota Ridge?

Rent in Dakota Ridge has decreased 5.0% over the past year as of March 2026, offering some relief compared to 12 months ago.

How does Dakota Ridge rent compare to other cities in Colorado?

Dakota Ridge is one of the more affordable cities in Colorado for rent, ranking #56 out of 68 tracked cities at $1,727/mo.

What percentage of Dakota Ridge residents rent vs. own?

According to Census data, approximately 16.4% of Dakota Ridge households are renters, while 83.6% are owner-occupied. Dakota Ridge leans toward homeownership, which can mean a smaller rental inventory.

How does Dakota Ridge rent compare to the national average?

Dakota Ridge's median rent of $1,727/mo is $238 (12%) below the US national median of $1,965/mo. Within Colorado, it ranks #56 out of 68 tracked cities.
Income Affordability
17%
VERY AFFORDABLE

At $1,727/mo, rent takes ~17% of Dakota Ridge's median household income ($120,822/yr). The standard benchmark is 30%.

Dakota Ridge 17%Benchmark 30%
State income tax4.4%
Run the Dakota Ridge affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Dakota Ridge, CO

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