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ZIP Code · CO

ZIP 80247

Part of Denver, CO
Pop. 29,760·Denver County·117th most expensive ZIP in Colorado
Median rent (all units)
$1,778/mo
Year-over-Year
-5.7%
Month-over-Month
-1.4%
vs US Median
-$187
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 80247 · $1,778
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,610
1 BR
$1,720
2 BR
$2,050
3 BR
$2,680
4 BR+
$2,990
Research median
$2,050/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
$21,336/yr
At $1,778/mo median
Location
CityDenver
StateCO
CountyDenver County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.7% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.7% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 80247 (Denver, CO) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 41.4% of residents hold a bachelor's degree or higher.

Population
29,760
Median income
$64,498
Median age
34.9
Renters
59.4%
Age distribution
17.7%
32.5%
20.9%
17.8%
Under 1817.7%
18–3432.5%
35–5420.9%
55–6411%
65+17.8%
Gender
45.2%
54.8%
Male45.2%
Female54.8%
Race & ethnicity
48.3%
22.3%
21.9%
White48.3%
Black22.3%
Hispanic21.9%
Asian6.1%
Other1.4%
Education (25+)
18.6%
32.9%
41.4%
No HS diploma7.1%
HS diploma18.6%
Some college32.9%
Bachelor's+41.4%
Housing tenure
40.6%
59.4%
Owner40.6%
Renter59.4%

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

2021 vs 2026

How ZIP 80247 in Denver, CO has changed in 5 years

Rent
$1,584 → $1,778
up 12.2%
Income
$53,001 → $64,498
up 21.7%
Population
29,066 → 29,760
up 2.4%
Renter share
61.6% → 59.4%
-2.2 pts
Bachelor's+
42.8% → 41.4%
-1.4 pts
Median age
37.2 → 34.9
-2.3 yrs

Across the past five years, the going rent in ZIP 80247 in Denver, CO has shifted from $1,584 to $1,778, up 12.2% since 2021. Median household income climbed from $53,001 to $64,498 between 2021 and 2024, a 21.7% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 80247 in Denver, CO adding about 694 residents over the five-year window, up 2.4% on net. The renter share has eased from 61.6% to 59.4%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in ZIP 80247 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 80247

About renting in ZIP 80247

Last updated: July 20, 2026

ZIP code 80247 covers Denver, CO. The median rent here is $1,778/mo as of July 2026. A 1-bedroom rents for a median of $1,720/mo. A 2-bedroom rents for a median of $2,050/mo.

At 33% of local median household income ($64,498/yr), ZIP 80247 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 5.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 80247?

As of July 20, 2026, the median monthly rent in ZIP 80247 (Denver, CO) is $1,778. This is based on aggregated data from public sources and community submissions.

How does ZIP 80247 rent compare to the US average?

ZIP 80247's median rent of $1,778/mo is $187 (10%) below the US national median of $1,965/mo.

How does ZIP 80247 compare to other ZIPs in Colorado?

ZIP 80247 is among the more affordable ZIP codes in Colorado, ranking #117 out of 166 ZIPs at $1,778/mo.

How much income do you need to rent in ZIP 80247?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,778/mo in ZIP 80247. The local median household income is $64,498/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 80247?

Rent in ZIP 80247 has decreased 5.7% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 80247 an affordable place to rent?

ZIP 80247 is considered moderate for renters. At $1,778/mo, rent takes approximately 33% of the local median household income ($64,498/yr). The standard benchmark is 30%. ZIP 80247 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 80247 residents rent vs. own?

According to Census data, approximately 59.4% of ZIP 80247 households are renters, while 40.6% are owner-occupied. With a majority renter population, ZIP 80247 has a strong rental market.

How does ZIP 80247 compare to the rest of Denver?

ZIP 80247 is more affordable than Denver overall. At $1,778/mo, it's $99 below the Denver citywide median of $1,877/mo.

When was rent data for ZIP 80247 last updated?

Rent data for ZIP 80247 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
33%
MODERATE

At $1,778/mo, rent takes ~33% of ZIP 80247's median household income ($64,498/yr). The standard benchmark is 30%.

ZIP 80247 33%Benchmark 30%
State income tax4.4%
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Schools nearby

Public schools near ZIP 80247 (Denver, CO)

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