Denver Housing Market: Home Prices & Rent
Denver home values since 2000
Last few years
Rent in Denver
Owning vs renting, monthly
Buying the typical Denver home with 20% down at this week's 7.32% 30-year rate costs about $3,747/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,900/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
What changed this month
- Denver homes are worth 9% less than at the 2022 peak
Denver vs Colorado vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $555k | -1.8% | $1,900/mo |
| Colorado | $529k | -1.3% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Denver?
Yes - the typical Denver-area home value is down 1.8% over the past 12 months, at $555k (September 2026). Values are 9% below their June 2022 peak of $609k.
Is the Denver housing market crashing?
Home values are 9% below their June 2022 peak and down 1.8% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Denver?
Typical rent in the Denver metro is $1,900 a month (September 2026), +0.0% over 12 months.
How much income do you need to buy a home in Denver?
About $147k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Colorado Springs, CO · Fort Collins, CO · Boulder, CO · Grand Junction, CO · Salt Lake City, UT · Naples, FL · Santa Fe, NM · Reno, NV
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Denver, CO metro area. How we calculate.