ZIP Code · CO

ZIP 80031

Pop. 35,584·Adams County·41st most expensive ZIP in Colorado
Median rent (all units)
$2,264/mo
Year-over-Year
+0.2%
Month-over-Month
-0.6%
vs US Median
+$332
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80031 · $2,264
More expensive than 72% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,710
1 BR
$1,830
2 BR
$2,180
3 BR
$2,850
4 BR+
$3,180
Research median
$2,180/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 80031 usually run 1.2% below trend in January and 1.1% above it in August, about $52 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 80031 is 0.7% below its high of $2,281 in August 2024, at $2,264 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80031 changed +0.2% 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 80031 rose 29.7% while median household income rose 30.6% ($82,271 to $107,422). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 80031 is 25.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($107,422) is $2,686 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,180); a 3-bedroom is $2,850.

Rank in Westminster

5th cheapest of 5 ZIP codes in Westminster.

Cheaper nearby

ZIP 80260, 2 miles away, rents for 31% less ($1,551/mo), about $8,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80031. 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
$27,168/yr
At $2,264/mo median
Location
StateCO
CountyAdams 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 (+0.2% YoY, -0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 80031 (Westminster, CO) is majority owner-occupied, has a median income above the national average, 45.1% of residents hold a bachelor's degree or higher.

Population
35,584
Median income
$107,422
Median age
39.5
Renters
30.3%
Age distribution
19.5%
23.3%
27.6%
12.6%
17%
Under 1819.5%
18–3423.3%
35–5427.6%
55–6412.6%
65+17%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
65.5%
28.8%
White65.5%
Black1.3%
Hispanic28.8%
Asian5.4%
Education (25+)
19.3%
25.5%
45.1%
No HS diploma10.2%
HS diploma19.3%
Some college25.5%
Bachelor's+45.1%
Housing tenure
69.7%
30.3%
Owner69.7%
Renter30.3%

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

2021 vs 2026

How ZIP 80031 in Westminster, CO has changed in 5 years

Rent
$1,943 → $2,264
up 16.5%
Income
$90,313 → $107,422
up 18.9%
Population
36,835 → 35,584
down 3.4%
Renter share
26.1% → 30.3%
+4.2 pts
Bachelor's+
42.6% → 45.1%
+2.5 pts

The median rent in ZIP 80031 in Westminster, CO stood at $1,943 in 2021 and currently runs about $2,264, reflecting a 16.5% increase over the period. Median household income rose from $90,313 to $107,422 between 2021 and 2024, a 18.9% shift. The population has contracted by 3.4% since 2021, moving from about 36,835 residents to roughly 35,584. Renters now make up 30.3% of households, compared with 26.1% five years ago. College-educated residents now make up 45.1% of adults here, versus 42.6% in 2021. Taken together, the five-year picture in ZIP 80031 in Westminster, CO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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About renting in ZIP 80031

Last updated: October 17, 2026

ZIP code 80031 covers Westminster, CO. The median rent here is $2,264/mo as of October 2026. A 1-bedroom rents for a median of $1,830/mo. A 2-bedroom rents for a median of $2,180/mo.

At 25% of local median household income ($107,422/yr), ZIP 80031 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80031?

To keep rent at or below 30% of gross income, you would need to earn at least $91,000/year (about $44/hour full-time) to afford the median rent of $2,264/mo in ZIP 80031. The local median household income is $107,422/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80031?

Rent in ZIP 80031 has been roughly flat over the past year as of September 2026, a +0.2% change. It sits 0.7% below its high of $2,281 in August 2024.

When is the cheapest time to rent in ZIP 80031?

Asking rents in ZIP 80031 are usually lowest in January, about 1.2% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $52 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 80031?

No. From 2019 to 2024, rent in ZIP 80031 rose 29.7% while median household income rose 30.6%, from $82,271 to $107,422. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80031 compare to other ZIPs in Colorado?

ZIP 80031 is one of the pricier among Colorado ZIP codes for rent, ranking #41 of 168 at $2,264/mo. Over the year to September 2026, rent in ZIP 80031 changed +0.2%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80031 compare to the rest of Westminster?

At $2,264/mo, ZIP 80031 is $392 above the Westminster citywide median of $1,872/mo. It is the 5th cheapest of 5 ZIP codes in Westminster.
Income Affordability
25%
AFFORDABLE

At $2,264/mo, rent takes ~25% of ZIP 80031's median household income ($107,422/yr). The standard benchmark is 30%.

ZIP 80031 25%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80031 (Westminster, CO)

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