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RentData.org Logo Denver-Aurora-Lakewood Fair Market Rent FY 2024 Denver-Aurora-Lakewood, CO MSA Rental Data

Fair Market Rent Prices in Denver-Aurora-Lakewood, CO :
$1,658 $1,835 $2,201 $2,874 $3,225
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Denver-Aurora-Lakewood are very high compared to the national average. This FMR area is more expensive than 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Denver-Aurora-Lakewood is $2,201 per month.

The previous year, rent for a two-bedroom home was $1,856 per month. This is a 18.59% increase year-over-year.

This FMR rate applies to Dupont, CO, Eastlake, CO, Deer Trail, CO, Watkins, CO, Byers, CO, Wiggins, CO, Keenesburg, CO, Hudson, CO, Strasburg, CO, Bennett, CO and other cities within the region. The Metro Code or CBSA code for this region is METRO19740M19740.

Additionally, This Fair Market Rent (FMR) area Denver-Aurora-Lakewood, CO MSA spans one county or city in Colorado which is listed in the table below. Estimated population of Denver-Aurora-Lakewood, CO MSA FMR area is 509,844 people based on latest Census data.

Compared to the rest of Colorado, the Denver-Aurora-Lakewood FMR area is more expensive than 96% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Denver-Aurora-Lakewood. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Denver-Aurora-Lakewood

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1792
1-BR 1-Bedroom $ 1984
2-BR 2-Bedroom $ 2379
3-BR 3-Bedroom $ 3107
4-BR 4-Bedroom $ 3486
Change Year:

There is just one county (listed below) within the Denver-Aurora-Lakewood, CO MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Denver.

County / Region Est. Population
Denver-Aurora-Lakewood, CO Metro 509,844
Zip Codes in Denver-Aurora-Lakewood, CO MSA

There are 45 unique zip codes in this Fair Market Rent (FMR) area:

80002, 80003, 80010, 80011, 80019, 80020, 80022, 80023, 80024, 80030, 80031, 80035, 80036, 80037, 80040, 80042, 80045, 80102, 80103, 80105, 80136, 80137, 80212, 80216, 80220, 80221, 80229, 80233, 80234, 80238, 80239, 80241, 80247, 80249, 80260, 80266, 80601, 80602, 80603, 80614, 80640, 80642, 80643, 80654 and 80701

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