ZIP Code · CO

ZIP 80224

Part of Denver, CO

Pop. 19,352·Denver County·133rd most expensive ZIP in Colorado

Median rent (all units)

$1,638/mo

Year-over-Year

-1.4%

Month-over-Month

-0.6%

vs US Median

-$294

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 80224 · $1,638

More affordable than 63% 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

February. Asking rents in ZIP 80224 usually run 1.4% below trend in February and 1% above it in October, about $39 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 80224 is 4.1% below its high of $1,708 in November 2024, at $1,638 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80224 changed -1.4% over the year to September 2026. Across the 155 Colorado ZIP codes Zillow tracks, the typical change was +1.3%.

Recent direction

Rent has fallen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($86,352) is $2,159 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,930); a 3-bedroom is $2,520.

Rank in Denver

5th cheapest of 27 ZIP codes in Denver.

Cheaper nearby

ZIP 80246, 2 miles away, rents for 17% less ($1,360/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80224. 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

$19,656/yr

At $1,638/mo median

Location

CityDenver

StateCO

CountyDenver County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 1.4% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-1.4% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 80224 (Denver, CO) is majority owner-occupied, 60% of residents hold a bachelor's degree or higher.

Population

19,352

Median income

$86,352

Median age

37.7

Renters

42.3%

Age distribution

21.2%

23.9%

26.7%

19.5%

Under 1821.2%

18–3423.9%

35–5426.7%

55–648.7%

65+19.5%

Gender

45.4%

54.6%

Male45.4%

Female54.6%

Race & ethnicity

65.1%

13.9%

13.8%

White65.1%

Black13.9%

Hispanic13.8%

Asian3.3%

Other3.9%

Education (25+)

14.6%

20.9%

60%

No HS diploma4.5%

HS diploma14.6%

Some college20.9%

Bachelor's+60%

Housing tenure

57.7%

42.3%

Owner57.7%

Renter42.3%

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

2021 vs 2026

How ZIP 80224 in Denver, CO has changed in 5 years

Rent

$1,325 → $1,638

up 23.6%

Income

$70,327 → $86,352

up 22.8%

Population

18,995 → 19,352

up 1.9%

Renter share

41.8% → 42.3%

+0.5 pts

Bachelor's+

55.9% → 60%

+4.1 pts

Median age

35.6 → 37.7

+2.1 yrs

Since 2021, the typical rent in ZIP 80224 in Denver, CO has increased from $1,325 to $1,638, a 23.6% change over five years. Household income in the area moved from $70,327 to $86,352 across the same window, up 22.8% versus 2021. The population has grown by 1.9% since 2021, moving from about 18,995 residents to roughly 19,352. College-educated residents now make up 60% of adults here, versus 55.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 80224 in Denver, CO look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 80224

Last updated: October 17, 2026

ZIP code 80224 covers Denver, CO. The median rent here is $1,638/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 23% of local median household income ($86,352/yr), ZIP 80224 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80224?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,638/mo in ZIP 80224. The local median household income is $86,352/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80224?

Rent in ZIP 80224 has fallen 1.4% over the past year as of September 2026. It sits 4.1% below its high of $1,708 in November 2024.

When is the cheapest time to rent in ZIP 80224?

Asking rents in ZIP 80224 are usually lowest in February, about 1.4% below their yearly trend, and highest in October, about 1% above it. At today's median that is a gap of roughly $39 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 80224 compare to other ZIPs in Colorado?

ZIP 80224 is one of the more affordable among Colorado ZIP codes for rent, ranking #133 of 168 at $1,638/mo. Over the year to September 2026, rent in ZIP 80224 changed -1.4%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.