ZIP Code · CO

ZIP 80218

Part of Denver, CO

Pop. 19,149·Denver County·151st most expensive ZIP in Colorado

Median rent (all units)

$1,489/mo

Year-over-Year

Stable

Month-over-Month

+0.3%

vs US Median

-$443

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 80218 · $1,489

More affordable than 74% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,096

1 BR

$1,171

2 BR

$1,392

3 BR

$1,819

4 BR+

$2,033

Research median

$1,392/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

December. Asking rents in ZIP 80218 usually run 1.5% below trend in December and 1.1% above it in July, about $39 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 80218 is 4% below its high of $1,551 in January 2024, at $1,489 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80218 changed 0.0% 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 80218 rose 17.1% while median household income rose 20.8% ($67,639 to $81,706). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 80218 is 11.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($81,706) is $2,043 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,020); a 3-bedroom is $2,640.

Rank in Denver

3rd cheapest of 27 ZIP codes in Denver.

From Zillow's monthly rent index (ZORI) for ZIP 80218. 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

$17,868/yr

At $1,489/mo median

Location

CityDenver

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 (+0.0% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 80218 (Denver, CO) is majority renter-occupied, skews toward younger working-age adults, 70.9% of residents hold a bachelor's degree or higher.

Population

19,149

Median income

$81,706

Median age

36.7

Renters

67%

Age distribution

41.1%

29.3%

14.7%

Under 184.8%

18–3441.1%

35–5429.3%

55–6410.1%

65+14.7%

Gender

46.9%

53.1%

Male46.9%

Female53.1%

Race & ethnicity

79.2%

White79.2%

Black4%

Hispanic10.2%

Asian3.4%

Other3.2%

Education (25+)

19.7%

70.9%

No HS diploma1.7%

HS diploma7.6%

Some college19.7%

Bachelor's+70.9%

Housing tenure

33%

67%

Owner33%

Renter67%

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

2021 vs 2026

How ZIP 80218 in Denver, CO has changed in 5 years

Rent

$1,327 → $1,489

up 12.2%

Income

$72,586 → $81,706

up 12.6%

Population

19,013 → 19,149

up 0.7%

Renter share

66.1% → 67%

+0.9 pts

Bachelor's+

73.1% → 70.9%

-2.2 pts

Median age

35.7 → 36.7

+1.0 yrs

The median rent in ZIP 80218 in Denver, CO stood at $1,327 in 2021 and currently runs about $1,489, reflecting a 12.2% increase over the period. Census figures show median household income at $81,706 today, compared with $72,586 five years earlier. College-educated residents now make up 70.9% of adults here, versus 73.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 80218

Last updated: October 17, 2026

ZIP code 80218 covers Denver, CO. The median rent here is $1,489/mo as of October 2026. A 1-bedroom rents for a median of $1,171/mo. A 2-bedroom rents for a median of $1,392/mo.

At 22% of local median household income ($81,706/yr), ZIP 80218 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80218?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,489/mo in ZIP 80218. The local median household income is $81,706/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80218?

Rent in ZIP 80218 has been roughly flat over the past year as of September 2026, a 0.0% change. It sits 4% below its high of $1,551 in January 2024.

When is the cheapest time to rent in ZIP 80218?

Asking rents in ZIP 80218 are usually lowest in December, about 1.5% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 80218?

No. From 2019 to 2024, rent in ZIP 80218 rose 17.1% while median household income rose 20.8%, from $67,639 to $81,706. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80218 compare to other ZIPs in Colorado?

ZIP 80218 is one of the more affordable among Colorado ZIP codes for rent, ranking #151 of 168 at $1,489/mo. Over the year to September 2026, rent in ZIP 80218 changed 0.0%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.