ZIP 80238
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 80238 usually run 1.2% below trend in February and 1.7% above it in July, about $61 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 80238 is 4% below its high of $2,201 in December 2024, at $2,113 as of September 2026.
Rent in ZIP 80238 changed -0.9% 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 80238 rose 17.8% while median household income rose 27.6% ($141,786 to $180,940). Income kept ahead of rent.
Rent in ZIP 80238 is 10.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 3 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($180,940) is $4,524 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,530).
22nd cheapest of 27 ZIP codes in Denver.
ZIP 80010, 2 miles away, rents for 27% less ($1,543/mo), about $6,800 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 80238. 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 80238 (Denver, CO) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 75.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 80238 in Denver, CO has changed in 5 years
The median rent in ZIP 80238 in Denver, CO stood at $1,905 in 2021 and currently runs about $2,113, reflecting a 10.9% increase over the period. Household income in the area moved from $144,885 to $180,940 across the same window, up 24.9% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 9.5% since 2021, moving from about 27,921 residents to roughly 30,575. College-educated residents now make up 75.8% of adults here, versus 77.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 80238 in Denver, CO look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 80238
Last updated: October 17, 2026
ZIP code 80238 covers Denver, CO. The median rent here is $2,113/mo as of October 2026. A 1-bedroom rents for a median of $2,030/mo. A 2-bedroom rents for a median of $2,420/mo.
At 14% of local median household income ($180,940/yr), ZIP 80238 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.
Frequently asked questions
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How does ZIP 80238 compare to other ZIPs in Colorado?
How does ZIP 80238 compare to the rest of Denver?
At $2,113/mo, rent takes ~14% of ZIP 80238's median household income ($180,940/yr). The standard benchmark is 30%.
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