ZIP 80204
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 80204 usually run 1.1% below trend in December and 1.2% above it in July, about $45 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 80204 is 1.8% below its high of $1,987 in November 2023, at $1,951 as of September 2026.
Rent in ZIP 80204 changed +1.9% 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 80204 rose 19.4% while median household income rose 68.2% ($50,429 to $84,829). Income kept ahead of rent.
Rent in ZIP 80204 is 15.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 7 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($84,829) is $2,121 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,870); a 2-bedroom is $2,230.
15th cheapest of 27 ZIP codes in Denver.
ZIP 80203, 2 miles away, rents for 19% less ($1,582/mo), about $4,400 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80204. 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 80204 (Denver, CO) is majority renter-occupied, skews toward younger working-age adults, 54.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80204 in Denver, CO has changed in 5 years
Compared with 2021, rent in ZIP 80204 in Denver, CO has increased by $249 per month, settling near $1,951 after starting the period at $1,702. On the earnings side, the typical household in ZIP 80204 in Denver, CO now reports about $84,829, up from $67,255 in 2021. Income growth outran rent by about 11.5 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 33,853 to 35,318 between 2021 and 2024, a 4.3% change. About 62.8% of households rent today, against 60.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.1% to 54.4%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 80204 in Denver, CO reflects that arc in its own way.
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Tips for renters in ZIP 80204
Last updated: October 17, 2026
ZIP code 80204 covers Denver, CO. The median rent here is $1,951/mo as of October 2026. A 1-bedroom rents for a median of $1,870/mo. A 2-bedroom rents for a median of $2,230/mo.
At 28% of local median household income ($84,829/yr), ZIP 80204 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.
Frequently asked questions
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How does ZIP 80204 compare to other ZIPs in Colorado?
How does ZIP 80204 compare to the rest of Denver?
At $1,951/mo, rent takes ~28% of ZIP 80204's median household income ($84,829/yr). The standard benchmark is 30%.
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