City Report · CO

Lone Tree

Pop. 14,147·41st most expensive in Colorado·Lone Tree rents have dropped 5.8%, currently a renter's market
Median rent (all units)
$1,941/mo
Year-over-Year
-5.8%
Month-over-Month
-0.2%
vs US Median
+$9
Reported rents
Stable (Monthly)
Be the first to discuss Lone Tree rents ↓
Most AffordableMost Expensive
Lone Tree · $1,941
More expensive than 57% of US cities · National median $1,932/mo
Rent Reality Score
84/100
Great value
OverheatedFairGreat value

Rents are 17% below what Lone Tree's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,941/mo
Expected by trend
$2,339/mo
The Rent Reality Score compares today's median rent to where Lone Tree's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,880
1 BR
$2,050
2 BR
$2,450
3 BR
$3,200
4 BR+
$3,580
Fair Market Rent (HUD)
$2,450/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,941 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in Lone Tree usually run 2.1% below trend in February and 1.8% above it in July, about $76 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in Lone Tree is 13% below its high of $2,231 in April 2023, at $1,941 as of September 2026.

Past year vs. the rest of Colorado

Rent in Lone Tree changed -5.8% 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 Lone Tree rose 24.6% while median household income rose 2.8% ($120,392 to $123,741). Rent outpaced income.

Since before the pandemic

Rent in Lone Tree is 14.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 9 months in a row, and rose in 1 of the last 12 months.

What a typical income covers

30% of the median household income ($123,741) is $3,094 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,450); a 3-bedroom is $3,200.

Cheaper nearby

Glendale, 12 miles away, rents for 26% less ($1,433/mo), about $6,100 a year in savings.

From Zillow's monthly rent index (ZORI) for Lone Tree. 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
$23,292/yr
At $1,941/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.8% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.8% YoY, -0.2% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Lone Tree, CO is roughly split between renters and owners, has a large retiree population, has a median income above the national average, 71.2% of residents hold a bachelor's degree or higher.

Population
14,147
Median income
$123,741
Median age
41.5
Renters
45.5%
Age distribution
16.7%
24.8%
24.6%
13.2%
20.7%
Under 1816.7%
18–3424.8%
35–5424.6%
55–6413.2%
65+20.7%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
75.3%
White75.3%
Black3%
Hispanic6.1%
Asian11.4%
Other4.2%
Education (25+)
19.9%
71.2%
No HS diploma1.1%
HS diploma7.9%
Some college19.9%
Bachelor's+71.2%
Housing tenure
54.5%
45.5%
Owner54.5%
Renter45.5%

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

2021 vs 2026

How Lone Tree, CO has changed in 5 years

Rent
$1,754 → $1,941
up 10.7%
Income
$113,653 → $123,741
up 8.9%
Population
13,701 → 14,147
up 3.3%
Renter share
41.3% → 45.5%
+4.2 pts
Bachelor's+
69.6% → 71.2%
+1.6 pts

Five years ago, renters in Lone Tree, CO paid around $1,754 a month. That figure now sits near $1,941, up 10.7% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $113,653 in 2021 to $123,741 more recently. Census counts show Lone Tree, CO adding about 446 residents over the five-year window, up 3.3% on net. The renter share has risen from 41.3% to 45.5%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Lone Tree, CO market of 2021.

Community

Discussions about Lone Tree

No discussions yet. Start the conversation.

View Lone Tree rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lone Tree on your salary?

At $1,941/mo, how Lone Tree rent compares to typical pay (30% rule).

By apartment size

Lone Tree rent by bedroom count

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

Local insights

Tips for renters in Lone Tree

About renting in Lone Tree, CO

Last updated: October 17, 2026

The median rent in Lone Tree is $1,941/mo as of October 2026. A studio apartment averages $1,880/mo while a 2-bedroom runs $2,450/mo. One-bedroom apartments average $2,050/mo and 3-bedroom units go for $3,200/mo.

At 19% of local median household income ($123,741/yr), Lone Tree ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Lone Tree?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (about $38/hour full-time) to afford the median rent of $1,941/mo in Lone Tree. The local median household income is $123,741/yr, so the typical household meets that bar.

Is rent going up or down in Lone Tree?

Rent in Lone Tree has fallen 5.8% over the past year as of September 2026. It sits 13% below its high of $2,231 in April 2023.

When is the cheapest time to rent in Lone Tree?

Asking rents in Lone Tree are usually lowest in February, about 2.1% below their yearly trend, and highest in July, about 1.8% above it. At today's median that is a gap of roughly $76 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in Lone Tree?

Yes. From 2019 to 2024, rent in Lone Tree rose 24.6% while median household income rose 2.8%, from $120,392 to $123,741. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Lone Tree rent compare to other cities in Colorado?

Lone Tree is in the middle among Colorado cities for rent, ranking #41 of 68 tracked cities at $1,941/mo. Over the year to September 2026, rent in Lone Tree changed -5.8%, against a typical +1.4% across the 60 Colorado cities Zillow tracks.
Income Affordability
19%
VERY AFFORDABLE

At $1,941/mo, rent takes ~19% of Lone Tree's median household income ($123,741/yr). The standard benchmark is 30%.

Lone Tree 19%Benchmark 30%
State income tax4.4%
Run the Lone Tree affordability calculator →
Lowest-rent ZIP codes in Lone Tree
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lone Tree, CO

Recent submissions

Be the first to submit your rent for Lone Tree.

Recent discussions

No discussions yet.