ZIP Code · CO

ZIP 80220

Part of Denver, CO
Pop. 37,203·Denver County·127th most expensive ZIP in Colorado
Median rent (all units)
$1,704/mo
Year-over-Year
-2.0%
Month-over-Month
-0.2%
vs US Median
-$228
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80220 · $1,704
More affordable than 58% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,490
1 BR
$1,620
2 BR
$1,930
3 BR
$2,520
4 BR+
$2,820
Research median
$1,930/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

January. Asking rents in ZIP 80220 usually run 1.7% below trend in January and 1.8% above it in July, about $60 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 80220 is 3.6% below its high of $1,768 in January 2024, at $1,704 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80220 changed -2.0% 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 80220 rose 28.9% while median household income rose 28.3% ($82,642 to $106,054). Rent outpaced income.

Since before the pandemic

Rent in ZIP 80220 is 19.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 2 months in a row, and rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($106,054) is $2,651 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,520); a 4-bedroom is $2,820.

Rank in Denver

6th cheapest of 27 ZIP codes in Denver.

Cheaper nearby

ZIP 80246, 2 miles away, rents for 20% less ($1,360/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80220. 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
$20,448/yr
At $1,704/mo median
Location
CityDenver
StateCO
CountyDenver County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.0% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 80220 (Denver, CO) is majority owner-occupied, has a median income above the national average, 66.4% of residents hold a bachelor's degree or higher.

Population
37,203
Median income
$106,054
Median age
37.7
Renters
43.1%
Age distribution
21.4%
22.4%
34%
Under 1821.4%
18–3422.4%
35–5434%
55–6410.4%
65+11.8%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
67.6%
16.5%
White67.6%
Black9.5%
Hispanic16.5%
Asian3.3%
Other3%
Education (25+)
18.1%
66.4%
No HS diploma7.5%
HS diploma8%
Some college18.1%
Bachelor's+66.4%
Housing tenure
56.9%
43.1%
Owner56.9%
Renter43.1%

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

2021 vs 2026

How ZIP 80220 in Denver, CO has changed in 5 years

Rent
$1,423 → $1,704
up 19.7%
Income
$86,466 → $106,054
up 22.7%
Population
37,116 → 37,203
up 0.2%
Renter share
43.2% → 43.1%
-0.1 pts
Bachelor's+
60.8% → 66.4%
+5.6 pts

Compared with 2021, rent in ZIP 80220 in Denver, CO has climbed by $281 per month, settling near $1,704 after starting the period at $1,423. Median household income grew from $86,466 to $106,054 between 2021 and 2024, a 22.7% shift. Income growth outran rent by about 3.0 percentage points, easing the affordability math somewhat compared with 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 60.8% to 66.4%. Taken together, the five-year picture in ZIP 80220 in Denver, CO reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 80220

Last updated: October 17, 2026

ZIP code 80220 covers Denver, CO. The median rent here is $1,704/mo as of October 2026. A 1-bedroom rents for a median of $1,620/mo. A 2-bedroom rents for a median of $1,930/mo.

At 19% of local median household income ($106,054/yr), ZIP 80220 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80220?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,704/mo in ZIP 80220. The local median household income is $106,054/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80220?

Rent in ZIP 80220 has fallen 2.0% over the past year as of September 2026. It sits 3.6% below its high of $1,768 in January 2024.

When is the cheapest time to rent in ZIP 80220?

Asking rents in ZIP 80220 are usually lowest in January, about 1.7% below their yearly trend, and highest in July, about 1.8% above it. At today's median that is a gap of roughly $60 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 80220?

Yes. From 2019 to 2024, rent in ZIP 80220 rose 28.9% while median household income rose 28.3%, from $82,642 to $106,054. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80220 compare to other ZIPs in Colorado?

ZIP 80220 is one of the more affordable among Colorado ZIP codes for rent, ranking #127 of 168 at $1,704/mo. Over the year to September 2026, rent in ZIP 80220 changed -2.0%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80220 compare to the rest of Denver?

At $1,704/mo, ZIP 80220 is $151 below the Denver citywide median of $1,855/mo. It is the 6th cheapest of 27 ZIP codes in Denver.
Income Affordability
19%
VERY AFFORDABLE

At $1,704/mo, rent takes ~19% of ZIP 80220's median household income ($106,054/yr). The standard benchmark is 30%.

ZIP 80220 19%Benchmark 30%
State income tax4.4%
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