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ZIP Code · CO

ZIP 80231

Part of Denver, CO
Pop. 35,883·Arapahoe County·153rd most expensive ZIP in Colorado
Median rent (all units)
$1,450/mo
Year-over-Year
-3.6%
Month-over-Month
-1.2%
vs US Median
-$515
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80231 · $1,450
More affordable than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,068
1 BR
$1,137
2 BR
$1,355
3 BR
$1,774
4 BR+
$1,980
Research median
$1,355/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
$17,400/yr
At $1,450/mo median
Location
CityDenver
StateCO
CountyArapahoe County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 3.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-3.6% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 80231 (Denver, CO) is majority renter-occupied, skews toward younger working-age adults, 51.9% of residents hold a bachelor's degree or higher.

Population
35,883
Median income
$76,502
Median age
33.3
Renters
60.4%
Age distribution
21.3%
32.2%
24.8%
12.9%
Under 1821.3%
18–3432.2%
35–5424.8%
55–648.8%
65+12.9%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
57.1%
13.8%
24.4%
White57.1%
Black13.8%
Hispanic24.4%
Asian3.4%
Other1.3%
Education (25+)
15.8%
25.9%
51.9%
No HS diploma6.4%
HS diploma15.8%
Some college25.9%
Bachelor's+51.9%
Housing tenure
39.6%
60.4%
Owner39.6%
Renter60.4%

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

2021 vs 2026

How ZIP 80231 in Denver, CO has changed in 5 years

Rent
$1,345 → $1,450
up 7.8%
Income
$69,719 → $76,502
up 9.7%
Population
35,168 → 35,883
up 2.0%
Renter share
59.7% → 60.4%
+0.7 pts
Bachelor's+
51.7% → 51.9%
+0.2 pts
Median age
34.9 → 33.3
-1.6 yrs

Compared with 2021, rent in ZIP 80231 in Denver, CO has climbed by $105 per month, settling near $1,450 after starting the period at $1,345. Median household income grew from $69,719 to $76,502 between 2021 and 2024, a 9.7% shift. Headcount in the area went from 35,168 to 35,883 between 2021 and 2024, a 2.0% change. Taken together, the five-year picture in ZIP 80231 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

Tips for renters in ZIP 80231

About renting in ZIP 80231

Last updated: July 20, 2026

ZIP code 80231 covers Denver, CO. The median rent here is $1,450/mo as of July 2026. A 1-bedroom rents for a median of $1,137/mo. A 2-bedroom rents for a median of $1,355/mo.

At 23% of local median household income ($76,502/yr), ZIP 80231 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80231?

As of July 20, 2026, the median monthly rent in ZIP 80231 (Denver, CO) is $1,450. This is based on aggregated data from public sources and community submissions.

How does ZIP 80231 rent compare to the US average?

ZIP 80231's median rent of $1,450/mo is $515 (26%) below the US national median of $1,965/mo.

How does ZIP 80231 compare to other ZIPs in Colorado?

ZIP 80231 is among the more affordable ZIP codes in Colorado, ranking #153 out of 166 ZIPs at $1,450/mo.

How much income do you need to rent in ZIP 80231?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,450/mo in ZIP 80231. The local median household income is $76,502/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 80231?

Rent in ZIP 80231 has decreased 3.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 80231 an affordable place to rent?

ZIP 80231 is considered very affordable for renters. At $1,450/mo, rent takes approximately 23% of the local median household income ($76,502/yr). The standard benchmark is 30%. ZIP 80231 falls comfortably within that range.

What percentage of ZIP 80231 residents rent vs. own?

According to Census data, approximately 60.4% of ZIP 80231 households are renters, while 39.6% are owner-occupied. With a majority renter population, ZIP 80231 has a strong rental market.

How does ZIP 80231 compare to the rest of Denver?

ZIP 80231 is more affordable than Denver overall. At $1,450/mo, it's $427 below the Denver citywide median of $1,877/mo.

When was rent data for ZIP 80231 last updated?

Rent data for ZIP 80231 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,450/mo, rent takes ~23% of ZIP 80231's median household income ($76,502/yr). The standard benchmark is 30%.

ZIP 80231 23%Benchmark 30%
State income tax4.4%
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Public schools near ZIP 80231 (Denver, CO)

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