Average Rent in Colorado: $1,732/mo (2026)

Find fair market rent prices for 2 major metro areas in Colorado. The average 2-bedroom rent across the state is $1,732/mo.

$1,234
Avg. Studio
$1,427
Avg. 1BR
$1,732
Avg. 2BR
$2,220
Avg. 3BR
2
Cities Tracked
$1,375
Lowest 2BR Rent
$2,089
Highest 2BR Rent

Major Cities in Colorado

Sorted by 2-bedroom rent price (highest to lowest)

1
Denver, CO
Studio: $1,643 | 1BR: $1,754 | 3BR: $2,734
$2,089/mo2BR
2
Colorado Springs, CO
Studio: $825 | 1BR: $1,100 | 3BR: $1,705
$1,375/mo2BR

Explore Colorado Rent Data

Browse detailed rent prices for cities across Colorado. Each city page includes neighborhood breakdowns, rent trends, and local market insights.

Denver Rent PricesColorado Springs Rent Prices

Colorado Rental Market Overview

The fair market rent (FMR) data for Colorado is published annually by the U.S. Department of Housing and Urban Development (HUD). These figures represent the 40th percentile of gross rents for standard quality rental housing in each metro area.

Colorado has 2 major metropolitan areas tracked in our database. The most expensive city for renters is Denver, CO with an average 2-bedroom rent of $2,089/mo, while the most affordable is Colorado Springs, CO at $1,375/mo.

What Affects Rent Prices in Colorado?

  • Location: Proximity to employment centers and urban amenities significantly impacts rent prices across Colorado metros.
  • Local Economy: Job growth and industry presence drive rental demand. Strong employment markets typically have higher rents.
  • Housing Supply: Areas with new construction tend to have more rental options and potentially competitive pricing.
  • Schools: Quality school districts command premium rents, especially for family-sized apartments.
  • Transportation: Access to highways and public transit affects neighborhood desirability and pricing.

Frequently Asked Questions About Colorado Rent

What is the average rent in Colorado?

The average rent in Colorado is $1,732 per month for a 2-bedroom apartment based on 2026 HUD Fair Market Rent data. Prices range from $1,375 in Colorado Springs to $2,089 in Denver.

What is the cheapest city to rent in Colorado?

Colorado Springs, CO offers the most affordable rent among major Colorado metros at $1,375/month for a 2-bedroom apartment. Studios in Colorado Springs average $825/month.

What is the most expensive city to rent in Colorado?

Denver, CO has the highest rents in Colorado at $2,089/month for a 2-bedroom apartment. This is $357 above the state average.

How much do I need to earn to rent in Colorado?

To comfortably afford the average Colorado 2-bedroom at $1,732/month, you would need an annual income of approximately $69,280 (based on the 30% of income guideline). For the most affordable areas, you would need about $55,000/year.

Is Colorado affordable for renters?

Colorado offers moderate rental costs, with average 2-bedroom rents at $1,732/month. Some cities offer excellent value while others command premium prices.