ZIP 80223
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 80223 usually run 1.6% below trend in December and 1.7% above it in July, about $65 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 80223 is 2.7% below its high of $2,012 in February 2024, at $1,958 as of September 2026.
Rent in ZIP 80223 changed +1.3% 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 80223 rose 24% while median household income rose 44.4% ($54,797 to $79,151). Income kept ahead of rent.
Rent in ZIP 80223 is 18% 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 8 of the last 12 months.
30% of the median household income ($79,151) is $1,979 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,730); a 2-bedroom is $2,060.
16th cheapest of 27 ZIP codes in Denver.
ZIP 80203, 3 miles away, rents for 19% less ($1,582/mo), about $4,500 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80223. 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 80223 (Denver, CO) is majority renter-occupied, skews toward younger working-age adults, 50.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80223 in Denver, CO has changed in 5 years
Across the past five years, the going rent in ZIP 80223 in Denver, CO has shifted from $1,684 to $1,958, up 16.3% since 2021. Census figures show median household income at $79,151 today, compared with $66,069 five years earlier. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 80223 in Denver, CO losing about 981 residents over the five-year window, down 4.8% on net. The renter share has risen from 52.9% to 56.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 40.9% to 50.1% 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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Tips for renters in ZIP 80223
Last updated: October 17, 2026
ZIP code 80223 covers Denver, CO. The median rent here is $1,958/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,060/mo.
At 30% of local median household income ($79,151/yr), ZIP 80223 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.
Frequently asked questions
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How does ZIP 80223 compare to the rest of Denver?
At $1,958/mo, rent takes ~30% of ZIP 80223's median household income ($79,151/yr). The standard benchmark is 30%.
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