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ZIP Code · CO

ZIP 80204

Part of Denver, CO
Pop. 35,318·Denver County·86th most expensive ZIP in Colorado
Median rent (all units)
$1,990/mo
Year-over-Year
+7.6%
Month-over-Month
-0.8%
vs US Median
+$25
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80204 · $1,990
More expensive than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,750
1 BR
$1,870
2 BR
$2,230
3 BR
$2,920
4 BR+
$3,250
Research median
$2,230/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
$23,880/yr
At $1,990/mo median
Location
CityDenver
StateCO
CountyDenver County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (7.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+7.6% YoY, -0.8% MoM), not inventory.
Demographics

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.

Population
35,318
Median income
$84,829
Median age
32.7
Renters
62.8%
Age distribution
15.6%
40.5%
26.7%
Under 1815.6%
18–3440.5%
35–5426.7%
55–648.9%
65+8.4%
Gender
53.8%
46.2%
Male53.8%
Female46.2%
Race & ethnicity
54.7%
35.2%
White54.7%
Black7.5%
Hispanic35.2%
Asian2.3%
Education (25+)
14.8%
20%
54.4%
No HS diploma10.8%
HS diploma14.8%
Some college20%
Bachelor's+54.4%
Housing tenure
37.2%
62.8%
Owner37.2%
Renter62.8%

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

2021 vs 2026

How ZIP 80204 in Denver, CO has changed in 5 years

Rent
$1,708 → $1,990
up 16.5%
Income
$67,255 → $84,829
up 26.1%
Population
33,853 → 35,318
up 4.3%
Renter share
60.2% → 62.8%
+2.6 pts
Bachelor's+
44.1% → 54.4%
+10.3 pts

Compared with 2021, rent in ZIP 80204 in Denver, CO has increased by $282 per month, settling near $1,990 after starting the period at $1,708. 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 9.6 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.

Community

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Local insights

Tips for renters in ZIP 80204

About renting in ZIP 80204

Last updated: July 20, 2026

ZIP code 80204 covers Denver, CO. The median rent here is $1,990/mo as of July 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 7.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80204?

As of July 20, 2026, the median monthly rent in ZIP 80204 (Denver, CO) is $1,990. This is based on aggregated data from public sources and community submissions.

How does ZIP 80204 rent compare to the US average?

ZIP 80204's median rent of $1,990/mo is $25 (1%) above the US national median of $1,965/mo.

How does ZIP 80204 compare to other ZIPs in Colorado?

ZIP 80204 falls in the middle range for Colorado, ranking #86 out of 166 ZIPs at $1,990/mo.

How much income do you need to rent in ZIP 80204?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,990/mo in ZIP 80204. The local median household income is $84,829/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80204?

Rent in ZIP 80204 has increased 7.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 80204 an affordable place to rent?

ZIP 80204 is considered affordable for renters. At $1,990/mo, rent takes approximately 28% of the local median household income ($84,829/yr). The standard benchmark is 30%. ZIP 80204 falls comfortably within that range.

What percentage of ZIP 80204 residents rent vs. own?

According to Census data, approximately 62.8% of ZIP 80204 households are renters, while 37.2% are owner-occupied. With a majority renter population, ZIP 80204 has a strong rental market.

How does ZIP 80204 compare to the rest of Denver?

ZIP 80204 is pricier than Denver as a whole. At $1,990/mo, it's $113 above the Denver citywide median of $1,877/mo.

When was rent data for ZIP 80204 last updated?

Rent data for ZIP 80204 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $1,990/mo, rent takes ~28% of ZIP 80204's median household income ($84,829/yr). The standard benchmark is 30%.

ZIP 80204 28%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80204 (Denver, CO)

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