ZIP Code · CO

ZIP 80302

Part of Boulder, CO
Pop. 29,569·Boulder County·9th most expensive ZIP in Colorado
Median rent (all units)
$2,997/mo
Year-over-Year
+3.7%
Month-over-Month
+0.4%
vs US Median
+$1,065
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 80302 · $2,997
More expensive than 90% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,910
2 BR
$2,260
3 BR
$3,000
4 BR+
$3,450
Research median
$2,260/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

September. Asking rents in ZIP 80302 usually run 2% below trend in September and 1.4% above it in January, about $102 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in ZIP 80302 is at its highest level since Zillow's records here began in November 2015.

Past year vs. the rest of Colorado

Rent in ZIP 80302 changed +3.7% 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 80302 rose 39.5% while median household income rose 17% ($52,719 to $61,698). Rent outpaced income.

Since before the pandemic

Rent in ZIP 80302 is 47.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($61,698) is $1,542 a month. That is less than HUD's Fair Market Rent for a studio ($1,650).

Rank in Boulder

5th cheapest of 5 ZIP codes in Boulder.

Cheaper nearby

ZIP 80304, 4 miles away, rents for 16% less ($2,512/mo), about $5,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 80302. 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
$35,964/yr
At $2,997/mo median
Location
StateCO
CountyBoulder County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 80302 (Boulder, CO) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 75% of residents hold a bachelor's degree or higher.

Population
29,569
Median income
$61,698
Median age
24.9
Renters
61.1%
Age distribution
57.3%
14.5%
13.2%
Under 187.3%
18–3457.3%
35–5414.5%
55–647.7%
65+13.2%
Gender
52%
48%
Male52%
Female48%
Race & ethnicity
84.2%
White84.2%
Black1.3%
Hispanic7.8%
Asian4.5%
Other2.2%
Education (25+)
16.3%
75%
No HS diploma1.3%
HS diploma7.4%
Some college16.3%
Bachelor's+75%
Housing tenure
38.9%
61.1%
Owner38.9%
Renter61.1%

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

2021 vs 2026

How ZIP 80302 in Boulder, CO has changed in 5 years

Rent
$2,159 → $2,997
up 38.8%
Income
$56,362 → $61,698
up 9.5%
Population
29,593 → 29,569
down 0.1%
Renter share
61.1% → 61.1%
+0.0 pts
Bachelor's+
77.6% → 75%
-2.6 pts
Median age
25.4 → 24.9
-0.5 yrs

Five years ago, renters in ZIP 80302 in Boulder, CO paid around $2,159 a month. That figure now sits near $2,997, up 38.8% from the 2021 baseline. Census figures show median household income at $61,698 today, compared with $56,362 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Bachelor's-degree-or-higher attainment moved from 77.6% to 75% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 80302

Last updated: October 17, 2026

ZIP code 80302 covers Boulder, CO. The median rent here is $2,997/mo as of October 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,260/mo.

At 58% of local median household income ($61,698/yr), ZIP 80302 ranks as expensive compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 80302?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (about $58/hour full-time) to afford the median rent of $2,997/mo in ZIP 80302. The local median household income is $61,698/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 80302?

Rent in ZIP 80302 has risen 3.7% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2015.

When is the cheapest time to rent in ZIP 80302?

Asking rents in ZIP 80302 are usually lowest in September, about 2% below their yearly trend, and highest in January, about 1.4% above it. At today's median that is a gap of roughly $102 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in ZIP 80302?

Yes. From 2019 to 2024, rent in ZIP 80302 rose 39.5% while median household income rose 17%, from $52,719 to $61,698. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 80302 compare to other ZIPs in Colorado?

ZIP 80302 is one of the pricier among Colorado ZIP codes for rent, ranking #9 of 168 at $2,997/mo. Over the year to September 2026, rent in ZIP 80302 changed +3.7%, against a typical +1.3% across the 155 Colorado ZIP codes Zillow tracks.

How does ZIP 80302 compare to the rest of Boulder?

At $2,997/mo, ZIP 80302 is $562 above the Boulder citywide median of $2,435/mo. It is the 5th cheapest of 5 ZIP codes in Boulder.
Income Affordability
58%
EXPENSIVE

At $2,997/mo, rent takes ~58% of ZIP 80302's median household income ($61,698/yr). The standard benchmark is 30%.

ZIP 80302 58%Benchmark 30%
State income tax4.4%
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Schools nearby

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