ZIP Code · CO

ZIP 80233

Part of Thornton, CO
Pop. 48,441·Adams County·132nd most expensive ZIP in Colorado
Median rent (all units)
$1,652/mo
Year-over-Year
-2.2%
Month-over-Month
Stable
vs US Median
-$280
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80233 · $1,652
More affordable than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,215
1 BR
$1,299
2 BR
$1,544
3 BR
$2,019
4 BR+
$2,256
Research median
$1,544/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 80233 usually run 1.5% below trend in January and 1.3% above it in August, about $46 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 80233 is 7.5% below its high of $1,786 in September 2024, at $1,652 as of September 2026.

Past year vs. the rest of Colorado

Rent in ZIP 80233 changed -2.2% 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 80233 rose 27.9% while median household income rose 17.3% ($75,772 to $88,880). Rent outpaced income.

Since before the pandemic

Rent in ZIP 80233 is 19.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has fallen 7 months in a row, and rose in 3 of the last 12 months.

What a typical income covers

30% of the median household income ($88,880) is $2,222 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,210); a 3-bedroom is $2,890.

Rank in Thornton

2nd cheapest of 4 ZIP codes in Thornton.

Cheaper nearby

ZIP 80030, 7 miles away, rents for 18% less ($1,355/mo), about $3,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80233. 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
$19,824/yr
At $1,652/mo median
Location
StateCO
CountyAdams County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 2.2% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-2.2% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 80233 (Thornton, CO) is majority owner-occupied, skews toward younger working-age adults, 27.8% of residents hold a bachelor's degree or higher.

Population
48,441
Median income
$88,880
Median age
34.4
Renters
37.9%
Age distribution
20.9%
30.4%
26.1%
12.6%
Under 1820.9%
18–3430.4%
35–5426.1%
55–6410%
65+12.6%
Gender
51.4%
48.6%
Male51.4%
Female48.6%
Race & ethnicity
62.1%
36.6%
White62.1%
Black3%
Hispanic36.6%
Asian3.5%
Education (25+)
29.4%
31.9%
27.8%
No HS diploma10.9%
HS diploma29.4%
Some college31.9%
Bachelor's+27.8%
Housing tenure
62.1%
37.9%
Owner62.1%
Renter37.9%

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

2021 vs 2026

How ZIP 80233 in Thornton, CO has changed in 5 years

Rent
$1,456 → $1,652
up 13.5%
Income
$78,324 → $88,880
up 13.5%
Population
47,810 → 48,441
up 1.3%
Renter share
38.6% → 37.9%
-0.7 pts
Bachelor's+
22.7% → 27.8%
+5.1 pts
Median age
33.8 → 34.4
+0.6 yrs

Since 2021, the typical rent in ZIP 80233 in Thornton, CO has increased from $1,456 to $1,652, a 13.5% change over five years. Census figures show median household income at $88,880 today, compared with $78,324 five years earlier. The population has grown by 1.3% since 2021, moving from about 47,810 residents to roughly 48,441. College-educated residents now make up 27.8% of adults here, versus 22.7% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

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About renting in ZIP 80233

Last updated: October 17, 2026

ZIP code 80233 covers Thornton, CO. The median rent here is $1,652/mo as of October 2026. A 1-bedroom rents for a median of $1,299/mo. A 2-bedroom rents for a median of $1,544/mo.

At 22% of local median household income ($88,880/yr), ZIP 80233 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80233?

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 $1,652/mo in ZIP 80233. The local median household income is $88,880/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 80233?

Rent in ZIP 80233 has fallen 2.2% over the past year as of September 2026. It sits 7.5% below its high of $1,786 in September 2024.

When is the cheapest time to rent in ZIP 80233?

Asking rents in ZIP 80233 are usually lowest in January, about 1.5% below their yearly trend, and highest in August, about 1.3% above it. At today's median that is a gap of roughly $46 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 80233?

Yes. From 2019 to 2024, rent in ZIP 80233 rose 27.9% while median household income rose 17.3%, from $75,772 to $88,880. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80233 compare to other ZIPs in Colorado?

ZIP 80233 is one of the more affordable among Colorado ZIP codes for rent, ranking #132 of 168 at $1,652/mo. Over the year to September 2026, rent in ZIP 80233 changed -2.2%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80233 compare to the rest of Thornton?

At $1,652/mo, ZIP 80233 is $242 below the Thornton citywide median of $1,894/mo. It is the 2nd cheapest of 4 ZIP codes in Thornton.
Income Affordability
22%
VERY AFFORDABLE

At $1,652/mo, rent takes ~22% of ZIP 80233's median household income ($88,880/yr). The standard benchmark is 30%.

ZIP 80233 22%Benchmark 30%
State income tax4.4%
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Public schools near ZIP 80233 (Thornton, CO)

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