ZIP 80124
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 80124 usually run 2% below trend in February and 1.7% above it in July, about $72 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 80124 is 12.7% below its high of $2,230 in April 2023, at $1,947 as of September 2026.
Rent in ZIP 80124 changed -5.9% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.
From 2019 to 2024, rent in ZIP 80124 rose 25.2% while median household income rose 17.2% ($110,754 to $129,858). Rent outpaced income.
Rent in ZIP 80124 is 15.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 9 months in a row, and rose in 2 of the last 12 months.
30% of the median household income ($129,858) is $3,246 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($3,060); a 4-bedroom is $3,420.
ZIP 80014, 9 miles away, rents for 18% less ($1,599/mo), about $4,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80124. 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.
Who lives here
ZIP 80124 (Lone Tree, CO) is roughly split between renters and owners, has a median income above the national average, 66.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80124 in Lone Tree, CO has changed in 5 years
The median rent in ZIP 80124 in Lone Tree, CO stood at $1,755 in 2021 and currently runs about $1,947, reflecting a 10.9% increase over the period. On the earnings side, the typical household in ZIP 80124 in Lone Tree, CO now reports about $129,858, up from $111,904 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 2.2% since 2021, moving from about 22,071 residents to roughly 22,555. College-educated residents now make up 66.9% of adults here, versus 63.7% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 80124 in Lone Tree, CO reflects that arc in its own way.
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Tips for renters in ZIP 80124
Last updated: October 17, 2026
ZIP code 80124 covers Lone Tree, CO. The median rent here is $1,947/mo as of October 2026. A 1-bedroom rents for a median of $1,960/mo. A 2-bedroom rents for a median of $2,340/mo.
At 18% of local median household income ($129,858/yr), ZIP 80124 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.8% over the past year.
Frequently asked questions
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How does ZIP 80124 compare to the rest of Lone Tree?
At $1,947/mo, rent takes ~18% of ZIP 80124's median household income ($129,858/yr). The standard benchmark is 30%.
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