ZIP 80232
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 80232 usually run 1.5% below trend in December and 1.7% above it in August, about $55 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 80232 is 7% below its high of $1,832 in November 2024, at $1,704 as of September 2026.
Rent in ZIP 80232 changed -3.0% 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 80232 rose 27.6% while median household income rose 37.6% ($69,949 to $96,217). Income kept ahead of rent.
Rent in ZIP 80232 is 15.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 3 of the last 12 months.
30% of the median household income ($96,217) is $2,405 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,940); a 3-bedroom is $2,540.
2nd cheapest of 7 ZIP codes in Lakewood.
ZIP 80218, 7 miles away, rents for 13% less ($1,489/mo), about $2,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80232. 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 80232 (Lakewood, CO) is majority owner-occupied, has a median income above the national average, 38.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80232 in Lakewood, CO has changed in 5 years
The median rent in ZIP 80232 in Lakewood, CO stood at $1,479 in 2021 and currently runs about $1,704, reflecting a 15.2% increase over the period. On the earnings side, the typical household in ZIP 80232 in Lakewood, CO now reports about $96,217, up from $77,115 in 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.1% since 2021, moving from about 22,352 residents to roughly 23,050. Renters now make up 27.3% of households, compared with 30.1% five years ago. College-educated residents now make up 38.1% of adults here, versus 35.7% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 80232 in Lakewood, CO reflects that arc in its own way.
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Tips for renters in ZIP 80232
Last updated: October 17, 2026
ZIP code 80232 covers Lakewood, CO. The median rent here is $1,704/mo as of October 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,940/mo.
At 21% of local median household income ($96,217/yr), ZIP 80232 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.0% over the past year.
Frequently asked questions
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How does ZIP 80232 compare to the rest of Lakewood?
At $1,704/mo, rent takes ~21% of ZIP 80232's median household income ($96,217/yr). The standard benchmark is 30%.
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