How much does it cost to rent in Greenwood Village, CO?

As of July 2026, the median monthly rent in Greenwood Village, CO is $2,206. This figure is based on aggregated data from public sources and community-submitted rents.

Is Greenwood Village cheaper than other Colorado cities?

Greenwood Village falls in the middle range for Colorado, ranking #28 out of 66 cities at $2,206/mo.

When was Greenwood Village rent data last updated?

Greenwood Village rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · CO

Greenwood Village

Name: Average Rent Prices in Greenwood Village, CO
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 15,420·28th most expensive in Colorado·Greenwood Village rents are up 10.4% over the past year

Median rent (all units)

$2,206/mo

Year-over-Year

+10.4%

Month-over-Month

+2.1%

vs US Median

+$241

Rising (Monthly)

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Most AffordableMost Expensive

Greenwood Village · $2,206

More expensive than 69% of US cities · National median $1,965/mo

Rent Reality Score

63/100

Good value

OverheatedFairGreat value

Rents are 6% below what Greenwood Village's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,206/mo

Expected by trend

$2,358/mo

The Rent Reality Score compares today's median rent to where Greenwood Village's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,930

1 BR

$2,110

2 BR

$2,520

3 BR

$3,290

4 BR+

$3,680

Research median

$2,520/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$26,472/yr

At $2,206/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.4% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.4% YoY, +2.1% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Greenwood Village, CO is majority owner-occupied, has a median income above the national average, 78.6% of residents hold a bachelor's degree or higher.

Population

15,420

Median income

$149,029

Median age

45.6

Renters

35.9%

Age distribution

20%

17.4%

29.1%

13.5%

20%

Under 1820%

18–3417.4%

35–5429.1%

55–6413.5%

65+20%

Gender

50.6%

49.4%

Male50.6%

Female49.4%

Race & ethnicity

80%

White80%

Black1.2%

Hispanic7.5%

Asian9.6%

Other1.7%

Education (25+)

14.5%

78.6%

No HS diploma1.2%

HS diploma5.8%

Some college14.5%

Bachelor's+78.6%

Housing tenure

64.1%

35.9%

Owner64.1%

Renter35.9%

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

2021 vs 2026

How Greenwood Village, CO has changed in 5 years

Rent

$1,789 → $2,206

up 23.3%

Income

$129,416 → $149,029

up 15.2%

Population

15,548 → 15,420

down 0.8%

Renter share

34.8% → 35.9%

+1.1 pts

Bachelor's+

77.8% → 78.6%

+0.8 pts

Median age

44.2 → 45.6

+1.4 yrs

Since 2021, the typical rent in Greenwood Village, CO has climbed from $1,789 to $2,206, a 23.3% change over five years. Census figures show median household income at $149,029 today, compared with $129,416 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Greenwood Village

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View Greenwood Village rent history (2015–2026) →

Salary vs rent

Can you afford rent in Greenwood Village on your salary?

At $2,206/mo, how Greenwood Village rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 26.7% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 37.6% income

stretched

Police Officer

Avg $81,134/yr · Rent = 32.6% income

stretched

Software Developer

Avg $145,016/yr · Rent = 18.3% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 14.3% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 40.1% income

rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 44.5% income

rent-burdened

Electrician

Avg $73,395/yr · Rent = 36.1% income

stretched

By apartment size

Greenwood Village rent by bedroom count

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

Local insights

Tips for renters in Greenwood Village

About renting in Greenwood Village, CO

Last updated: July 20, 2026

The median rent in Greenwood Village is $2,206/mo as of July 2026. A studio apartment averages $1,930/mo while a 2-bedroom runs $2,520/mo. One-bedroom apartments average $2,110/mo and 3-bedroom units go for $3,290/mo.

At 18% of local median household income ($149,029/yr), Greenwood Village ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.4% over the past year.

FAQ

Frequently asked questions

Is Greenwood Village an affordable city for renters?

Greenwood Village is considered very affordable for renters. At $2,206/mo, rent takes approximately 18% of the local median household income ($149,029/yr). The standard benchmark is 30%. Greenwood Village falls comfortably within that range.

How much income do you need to rent in Greenwood Village?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,206/mo in Greenwood Village. The local median household income is $149,029/yr, meaning the typical Greenwood Village household meets that threshold.

Is rent going up or down in Greenwood Village?

Rent in Greenwood Village has increased 10.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Greenwood Village rent compare to other cities in Colorado?

Greenwood Village is middle-of-the-pack for Colorado for rent, ranking #28 out of 66 tracked cities at $2,206/mo.

Which nearby cities are cheaper to rent in than Greenwood Village?

Several nearby cities have lower median rents than Greenwood Village ($2,206/mo): Glendale ($1,537/mo), Meridian ($1,940/mo), Lone Tree ($2,011/mo).

What percentage of Greenwood Village residents rent vs. own?

According to Census data, approximately 35.9% of Greenwood Village households are renters, while 64.1% are owner-occupied. Greenwood Village leans toward homeownership, which can mean a smaller rental inventory.

How does Greenwood Village rent compare to the national average?

Greenwood Village's median rent of $2,206/mo is $241 (12%) above the US national median of $1,965/mo. Within Colorado, it ranks #28 out of 66 tracked cities.

Income Affordability

18%

VERY AFFORDABLE

At $2,206/mo, rent takes ~18% of Greenwood Village's median household income ($149,029/yr). The standard benchmark is 30%.

Greenwood Village 18%Benchmark 30%

State income tax4.4%

Run the Greenwood Village affordability calculator →

Nearby cities