ZIP Code · CO

ZIP 80113

Pop. 22,976·Arapahoe County·96th most expensive ZIP in Colorado
Median rent (all units)
$1,900/mo
Year-over-Year
-0.1%
Month-over-Month
+0.3%
vs US Median
-$32
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80113 · $1,900
More expensive than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,620
2 BR
$1,930
3 BR
$2,520
4 BR+
$2,820
Research median
$1,930/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 80113 usually run 1.4% below trend in January and 1% above it in July, about $46 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 80113 is 4.4% below its high of $1,987 in September 2024, at $1,900 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80113 changed -0.1% 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 80113 rose 30.2% while median household income rose 41.9% ($68,091 to $96,590). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 80113 is 22.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($96,590) is $2,415 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,930); a 3-bedroom is $2,520.

Cheaper nearby

ZIP 80110, 2 miles away, rents for 16% less ($1,602/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80113. 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
$22,800/yr
At $1,900/mo median
Location
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 (-0.1% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 80113 (Cherry Hills Village, CO) is roughly split between renters and owners, has a median income above the national average, 59.4% of residents hold a bachelor's degree or higher.

Population
22,976
Median income
$96,590
Median age
39.6
Renters
47.6%
Age distribution
17%
24.7%
28.5%
12.1%
17.7%
Under 1817%
18–3424.7%
35–5428.5%
55–6412.1%
65+17.7%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
77.2%
16.3%
White77.2%
Black3%
Hispanic16.3%
Asian3.1%
Education (25+)
18.8%
17.7%
59.4%
No HS diploma4.1%
HS diploma18.8%
Some college17.7%
Bachelor's+59.4%
Housing tenure
52.4%
47.6%
Owner52.4%
Renter47.6%

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

2021 vs 2026

How ZIP 80113 in Cherry Hills Village, CO has changed in 5 years

Rent
$1,585 → $1,900
up 19.9%
Income
$82,938 → $96,590
up 16.5%
Population
22,548 → 22,976
up 1.9%
Renter share
47.1% → 47.6%
+0.5 pts
Bachelor's+
56.2% → 59.4%
+3.2 pts
Median age
38 → 39.6
+1.6 yrs

Compared with 2021, rent in ZIP 80113 in Cherry Hills Village, CO has climbed by $315 per month, settling near $1,900 after starting the period at $1,585. Local incomes tracked alongside that move, going from a median of $82,938 in 2021 to $96,590 more recently. Rent outpaced income growth by roughly 3.4 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 22,548 to 22,976 between 2021 and 2024, a 1.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 56.2% to 59.4%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 80113 in Cherry Hills Village, CO market of 2021.

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Local insights

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About renting in ZIP 80113

Last updated: October 17, 2026

ZIP code 80113 covers Cherry Hills Village, CO. The median rent here is $1,900/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $1,930/mo.

At 24% of local median household income ($96,590/yr), ZIP 80113 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80113?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,900/mo in ZIP 80113. The local median household income is $96,590/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80113?

Rent in ZIP 80113 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 4.4% below its high of $1,987 in September 2024.

When is the cheapest time to rent in ZIP 80113?

Asking rents in ZIP 80113 are usually lowest in January, about 1.4% below their yearly trend, and highest in July, about 1% above it. At today's median that is a gap of roughly $46 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 80113?

No. From 2019 to 2024, rent in ZIP 80113 rose 30.2% while median household income rose 41.9%, from $68,091 to $96,590. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80113 compare to other ZIPs in Colorado?

ZIP 80113 is in the middle among Colorado ZIP codes for rent, ranking #96 of 168 at $1,900/mo. Over the year to September 2026, rent in ZIP 80113 changed -0.1%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.
Income Affordability
24%
VERY AFFORDABLE

At $1,900/mo, rent takes ~24% of ZIP 80113's median household income ($96,590/yr). The standard benchmark is 30%.

ZIP 80113 24%Benchmark 30%
State income tax4.4%
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Schools nearby

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