ZIP Code · CO

ZIP 80123

Pop. 44,549·Denver County·86th most expensive ZIP in Colorado
Median rent (all units)
$1,950/mo
Year-over-Year
-0.6%
Month-over-Month
+0.1%
vs US Median
+$18
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80123 · $1,950
More expensive than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,890
1 BR
$2,010
2 BR
$2,400
3 BR
$3,140
4 BR+
$3,500
Research median
$2,400/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 80123 usually run 1.9% below trend in January and 2% above it in August, about $76 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 80123 is 1.6% below its high of $1,982 in February 2026, at $1,950 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80123 changed -0.6% 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 80123 rose 32% while median household income rose 27.5% ($83,074 to $105,932). Rent outpaced income.

Since before the pandemic

Rent in ZIP 80123 is 31.2% 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 ($105,932) is $2,648 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,400); a 3-bedroom is $3,140.

Rank in Littleton

2nd cheapest of 4 ZIP codes in Littleton.

Cheaper nearby

ZIP 80110, 4 miles away, rents for 18% less ($1,602/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80123. 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
$23,400/yr
At $1,950/mo median
Location
StateCO
CountyDenver 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 (-0.6% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 80123 (Littleton, CO) is majority owner-occupied, has a large retiree population, has a median income above the national average, 53.7% of residents hold a bachelor's degree or higher.

Population
44,549
Median income
$105,932
Median age
41.8
Renters
27.2%
Age distribution
19.5%
18.7%
27.3%
13%
21.5%
Under 1819.5%
18–3418.7%
35–5427.3%
55–6413%
65+21.5%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
79.6%
12.9%
White79.6%
Black1.7%
Hispanic12.9%
Asian5.3%
Education (25+)
18.1%
24.6%
53.7%
No HS diploma3.6%
HS diploma18.1%
Some college24.6%
Bachelor's+53.7%
Housing tenure
72.8%
27.2%
Owner72.8%
Renter27.2%

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

2021 vs 2026

How ZIP 80123 in Littleton, CO has changed in 5 years

Rent
$1,551 → $1,950
up 25.7%
Income
$97,163 → $105,932
up 9.0%
Population
46,816 → 44,549
down 4.8%
Renter share
25.8% → 27.2%
+1.4 pts
Bachelor's+
51.7% → 53.7%
+2.0 pts
Median age
40.2 → 41.8
+1.6 yrs

Rent in ZIP 80123 in Littleton, CO has increased 25.7% since 2021, going from about $1,551 per month to roughly $1,950 today. Local incomes tracked alongside that move, going from a median of $97,163 in 2021 to $105,932 more recently. Rent outpaced income growth by roughly 16.7 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 46,816 to 44,549 between 2021 and 2024, a 4.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 51.7% to 53.7%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 80123 in Littleton, CO market of 2021.

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Local insights

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About renting in ZIP 80123

Last updated: October 17, 2026

ZIP code 80123 covers Littleton, CO. The median rent here is $1,950/mo as of October 2026. A 1-bedroom rents for a median of $2,010/mo. A 2-bedroom rents for a median of $2,400/mo.

At 22% of local median household income ($105,932/yr), ZIP 80123 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80123?

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 $1,950/mo in ZIP 80123. The local median household income is $105,932/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80123?

Rent in ZIP 80123 has fallen 0.6% over the past year as of September 2026. It sits 1.6% below its high of $1,982 in February 2026.

When is the cheapest time to rent in ZIP 80123?

Asking rents in ZIP 80123 are usually lowest in January, about 1.9% below their yearly trend, and highest in August, about 2% 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 ZIP 80123?

Yes. From 2019 to 2024, rent in ZIP 80123 rose 32% while median household income rose 27.5%, from $83,074 to $105,932. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80123 compare to other ZIPs in Colorado?

ZIP 80123 is in the middle among Colorado ZIP codes for rent, ranking #86 of 168 at $1,950/mo. Over the year to September 2026, rent in ZIP 80123 changed -0.6%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80123 compare to the rest of Littleton?

At $1,950/mo, ZIP 80123 is $90 below the Littleton citywide median of $2,040/mo. It is the 2nd cheapest of 4 ZIP codes in Littleton.
Income Affordability
22%
VERY AFFORDABLE

At $1,950/mo, rent takes ~22% of ZIP 80123's median household income ($105,932/yr). The standard benchmark is 30%.

ZIP 80123 22%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80123 (Littleton, CO)

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