ZIP Code · CO

ZIP 80016

Part of Aurora, CO
Pop. 68,268·Arapahoe County·75th most expensive ZIP in Colorado
Median rent (all units)
$2,002/mo
Year-over-Year
+0.3%
Month-over-Month
+0.4%
vs US Median
+$70
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80016 · $2,002
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,880
1 BR
$2,010
2 BR
$2,390
3 BR
$3,130
4 BR+
$3,490
Research median
$2,390/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 80016 usually run 1.1% below trend in January and 1.2% above it in July, about $46 a month apart at today's median. Based on 9 years of data.

Compared with the peak

Rent in ZIP 80016 is 3.3% below its high of $2,071 in April 2024, at $2,002 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80016 changed +0.3% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 80016 rose 31.3% while median household income rose 21.5% ($123,820 to $150,492). Rent outpaced income.

Since before the pandemic

Rent in ZIP 80016 is 24% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($150,492) is $3,762 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,490).

Rank in Aurora

7th cheapest of 9 ZIP codes in Aurora.

Cheaper nearby

ZIP 80017, 8 miles away, rents for 22% less ($1,566/mo), about $5,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80016. 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
$24,024/yr
At $2,002/mo median
Location
CityAurora
StateCO
CountyArapahoe County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.3% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 80016 (Aurora, CO) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 59.1% of residents hold a bachelor's degree or higher.

Population
68,268
Median income
$150,492
Median age
39.9
Renters
21.5%
Age distribution
26.9%
16.9%
32.1%
13.6%
Under 1826.9%
18–3416.9%
35–5432.1%
55–6410.5%
65+13.6%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
67.7%
White67.7%
Black6.8%
Hispanic11.7%
Asian9.9%
Other3.9%
Education (25+)
12.1%
25%
59.1%
No HS diploma3.8%
HS diploma12.1%
Some college25%
Bachelor's+59.1%
Housing tenure
78.5%
21.5%
Owner78.5%
Renter21.5%

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

2021 vs 2026

How ZIP 80016 in Aurora, CO has changed in 5 years

Rent
$1,662 → $2,002
up 20.5%
Income
$131,250 → $150,492
up 14.7%
Population
63,013 → 68,268
up 8.3%
Renter share
19.1% → 21.5%
+2.4 pts
Bachelor's+
57.3% → 59.1%
+1.8 pts
Median age
39.2 → 39.9
+0.7 yrs

Rent in ZIP 80016 in Aurora, CO has increased 20.5% since 2021, going from about $1,662 per month to roughly $2,002 today. Local incomes tracked alongside that move, going from a median of $131,250 in 2021 to $150,492 more recently. Rent outpaced income growth by roughly 5.8 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 63,013 to 68,268 between 2021 and 2024, a 8.3% change. About 21.5% of households rent today, against 19.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 80016 in Aurora, CO market of 2021.

Community

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Local insights

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About renting in ZIP 80016

Last updated: October 17, 2026

ZIP code 80016 covers Aurora, CO. The median rent here is $2,002/mo as of October 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,390/mo.

At 16% of local median household income ($150,492/yr), ZIP 80016 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80016?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $2,002/mo in ZIP 80016. The local median household income is $150,492/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80016?

Rent in ZIP 80016 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 3.3% below its high of $2,071 in April 2024.

When is the cheapest time to rent in ZIP 80016?

Asking rents in ZIP 80016 are usually lowest in January, about 1.1% below their yearly trend, and highest in July, about 1.2% above it. At today's median that is a gap of roughly $46 a month. This pattern comes from 9 years of Zillow rent data.

Has rent outpaced income in ZIP 80016?

Yes. From 2019 to 2024, rent in ZIP 80016 rose 31.3% while median household income rose 21.5%, from $123,820 to $150,492. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80016 compare to other ZIPs in Colorado?

ZIP 80016 is in the middle among Colorado ZIP codes for rent, ranking #75 of 168 at $2,002/mo. Over the year to September 2026, rent in ZIP 80016 changed +0.3%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80016 compare to the rest of Aurora?

At $2,002/mo, ZIP 80016 is $260 above the Aurora citywide median of $1,742/mo. It is the 7th cheapest of 9 ZIP codes in Aurora.
Income Affordability
16%
VERY AFFORDABLE

At $2,002/mo, rent takes ~16% of ZIP 80016's median household income ($150,492/yr). The standard benchmark is 30%.

ZIP 80016 16%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80016 (Aurora, CO)

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