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ZIP Code · CO

ZIP 80138

Part of Parker, CO
Pop. 36,895·Douglas County·65th most expensive ZIP in Colorado
Median rent (all units)
$2,086/mo
Year-over-Year
+13.3%
Month-over-Month
-1.3%
vs US Median
+$121
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80138 · $2,086
More expensive than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,780
1 BR
$1,900
2 BR
$2,260
3 BR
$2,960
4 BR+
$3,300
Research median
$2,260/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: July 20, 2026

Annual cost
$25,032/yr
At $2,086/mo median
Location
CityParker
StateCO
CountyDouglas County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 13.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+13.3% YoY, -1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 80138 (Parker, CO) is majority owner-occupied, has a median income above the national average, 51.1% of residents hold a bachelor's degree or higher.

Population
36,895
Median income
$145,013
Median age
40.2
Renters
20.6%
Age distribution
24.1%
18.9%
29.3%
13.6%
14%
Under 1824.1%
18–3418.9%
35–5429.3%
55–6413.6%
65+14%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
78.1%
12.1%
White78.1%
Black1.7%
Hispanic12.1%
Asian4%
Other4.1%
Education (25+)
15.8%
27.9%
51.1%
No HS diploma5.3%
HS diploma15.8%
Some college27.9%
Bachelor's+51.1%
Housing tenure
79.4%
20.6%
Owner79.4%
Renter20.6%

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

2021 vs 2026

How ZIP 80138 in Parker, CO has changed in 5 years

Rent
$1,557 → $2,086
up 34.0%
Income
$133,095 → $145,013
up 9.0%
Population
34,259 → 36,895
up 7.7%
Renter share
17.8% → 20.6%
+2.8 pts
Bachelor's+
46.2% → 51.1%
+4.9 pts
Median age
40.9 → 40.2
-0.7 yrs

Across the past five years, the going rent in ZIP 80138 in Parker, CO has shifted from $1,557 to $2,086, up 34.0% since 2021. Census figures show median household income at $145,013 today, compared with $133,095 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 80138 in Parker, CO adding about 2,636 residents over the five-year window, up 7.7% on net. The renter share has risen from 17.8% to 20.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.2% to 51.1% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 80138

Last updated: July 20, 2026

ZIP code 80138 covers Parker, CO. The median rent here is $2,086/mo as of July 2026. A 1-bedroom rents for a median of $1,900/mo. A 2-bedroom rents for a median of $2,260/mo.

At 17% of local median household income ($145,013/yr), ZIP 80138 ranks as affordable compared to the national benchmark of 30%. Rents have increased 13.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80138?

As of July 20, 2026, the median monthly rent in ZIP 80138 (Parker, CO) is $2,086. This is based on aggregated data from public sources and community submissions.

How does ZIP 80138 rent compare to the US average?

ZIP 80138's median rent of $2,086/mo is $121 (6%) above the US national median of $1,965/mo.

How does ZIP 80138 compare to other ZIPs in Colorado?

ZIP 80138 falls in the middle range for Colorado, ranking #65 out of 166 ZIPs at $2,086/mo.

How much income do you need to rent in ZIP 80138?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,086/mo in ZIP 80138. The local median household income is $145,013/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80138?

Rent in ZIP 80138 has increased 13.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80138 an affordable place to rent?

ZIP 80138 is considered very affordable for renters. At $2,086/mo, rent takes approximately 17% of the local median household income ($145,013/yr). The standard benchmark is 30%. ZIP 80138 falls comfortably within that range.

What percentage of ZIP 80138 residents rent vs. own?

According to Census data, approximately 20.6% of ZIP 80138 households are renters, while 79.4% are owner-occupied. ZIP 80138 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 80138 compare to the rest of Parker?

ZIP 80138 is more affordable than Parker overall. At $2,086/mo, it's $246 below the Parker citywide median of $2,332/mo.

When was rent data for ZIP 80138 last updated?

Rent data for ZIP 80138 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $2,086/mo, rent takes ~17% of ZIP 80138's median household income ($145,013/yr). The standard benchmark is 30%.

ZIP 80138 17%Benchmark 30%
State income tax4.4%
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Public schools near ZIP 80138 (Parker, CO)

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