How much does it cost to rent in Parker, CO?

As of July 2026, the median monthly rent in Parker, CO is $2,332. This figure is based on aggregated data from public sources and community-submitted rents.

Is Parker cheaper than other Colorado cities?

Parker falls in the middle range for Colorado, ranking #23 out of 66 cities at $2,332/mo.

When was Parker rent data last updated?

Parker 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

Parker

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

Pop. 61,783·23rd most expensive in Colorado·Parker rents are up 8.8% over the past year

Median rent (all units)

$2,332/mo

Year-over-Year

+8.8%

Month-over-Month

+0.4%

vs US Median

+$367

Stable (Monthly)

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Most AffordableMost Expensive

Parker · $2,332

More expensive than 74% of US cities · National median $1,965/mo

Rent Reality Score

59/100

Fairly priced

OverheatedFairGreat value

Rents are 5% below what Parker's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,332/mo

Expected by trend

$2,442/mo

The Rent Reality Score compares today's median rent to where Parker'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

Research median

$2,405/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

$27,984/yr

At $2,332/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+8.8% YoY, +0.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Parker, CO is majority owner-occupied, has a large share of families with children, has a median income above the national average, 56% of residents hold a bachelor's degree or higher.

Population

61,783

Median income

$133,369

Median age

36.2

Renters

28.2%

Age distribution

25.7%

22.4%

30.8%

Under 1825.7%

18–3422.4%

35–5430.8%

55–6410.4%

65+10.7%

Gender

49.3%

50.7%

Male49.3%

Female50.7%

Race & ethnicity

74.7%

12.9%

White74.7%

Black1.9%

Hispanic12.9%

Asian7.6%

Other3%

Education (25+)

13.3%

27.2%

56%

No HS diploma3.5%

HS diploma13.3%

Some college27.2%

Bachelor's+56%

Housing tenure

71.8%

28.2%

Owner71.8%

Renter28.2%

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

2021 vs 2026

How Parker, CO has changed in 5 years

Rent

$1,816 → $2,332

up 28.4%

Income

$120,075 → $133,369

up 11.1%

Population

57,311 → 61,783

up 7.8%

Renter share

25.1% → 28.2%

+3.1 pts

Bachelor's+

52.5% → 56%

+3.5 pts

Median age

35.6 → 36.2

+0.6 yrs

Rent in Parker, CO has increased 28.4% since 2021, going from about $1,816 per month to roughly $2,332 today. Local incomes tracked alongside that move, going from a median of $120,075 in 2021 to $133,369 more recently. Rent outpaced income growth by roughly 17.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 57,311 to 61,783 between 2021 and 2024, a 7.8% change. About 28.2% of households rent today, against 25.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 52.5% to 56%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Parker, CO market of 2021.

Community

Discussions about Parker

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View Parker rent history (2015–2026) →

Salary vs rent

Can you afford rent in Parker on your salary?

At $2,332/mo, how Parker rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 28.2% income

affordable

Elementary School Teacher

Avg $70,434/yr · Rent = 39.7% income

stretched

Police Officer

Avg $81,134/yr · Rent = 34.5% income

stretched

Software Developer

Avg $145,016/yr · Rent = 19.3% income

very comfortable

Lawyer

Avg $185,294/yr · Rent = 15.1% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 42.4% income

rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 47% income

rent-burdened

Electrician

Avg $73,395/yr · Rent = 38.1% income

stretched

By apartment size

Parker rent by bedroom count

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

Local insights

Tips for renters in Parker

About renting in Parker, CO

Last updated: July 20, 2026

The median rent in Parker is $2,332/mo as of July 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 21% of local median household income ($133,369/yr), Parker ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

Is Parker an affordable city for renters?

Parker is considered very affordable for renters. At $2,332/mo, rent takes approximately 21% of the local median household income ($133,369/yr). The standard benchmark is 30%. Parker falls comfortably within that range.

How much income do you need to rent in Parker?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,332/mo in Parker. The local median household income is $133,369/yr, meaning the typical Parker household meets that threshold.

Is rent going up or down in Parker?

Rent in Parker has increased 8.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Parker neighborhoods have the lowest rent?

The most affordable ZIP codes in Parker are 80138 ($2,086/mo), and 80134 ($2,484/mo). Citywide, the median rent in Parker is $2,332/mo.

How does Parker rent compare to other cities in Colorado?

Parker is middle-of-the-pack for Colorado for rent, ranking #23 out of 66 tracked cities at $2,332/mo.

Which nearby cities are cheaper to rent in than Parker?

Several nearby cities have lower median rents than Parker ($2,332/mo): Cherry Creek ($1,894/mo), Meridian ($1,940/mo), Lone Tree ($2,011/mo).

What percentage of Parker residents rent vs. own?

According to Census data, approximately 28.2% of Parker households are renters, while 71.8% are owner-occupied. Parker leans toward homeownership, which can mean a smaller rental inventory.

How does Parker rent compare to the national average?

Parker's median rent of $2,332/mo is $367 (19%) above the US national median of $1,965/mo. Within Colorado, it ranks #23 out of 66 tracked cities.

Income Affordability

21%

VERY AFFORDABLE

At $2,332/mo, rent takes ~21% of Parker's median household income ($133,369/yr). The standard benchmark is 30%.

Parker 21%Benchmark 30%

State income tax4.4%

Run the Parker affordability calculator →

Nearby cities