Rent Tracker
Rent Inflation in Denver, CO
The average asking rent in Denver, CO is $1,930/month as of 2026-07. That is -0.9% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,930/mo
as of 2026-07
Year-over-Year Change
-0.9%
24-Month Rent Trend
Monthly ZORI index values for Denver, CO.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-07 | $1,930 | +0.31% |
| 2026-06 | $1,924 | +0.58% |
| 2026-05 | $1,913 | +0.68% |
| 2026-04 | $1,900 | +0.53% |
| 2026-03 | $1,890 | +0.59% |
| 2026-02 | $1,879 | +0.21% |
| 2026-01 | $1,875 | -0.11% |
| 2025-12 | $1,877 | -0.79% |
| 2025-11 | $1,892 | -0.89% |
| 2025-10 | $1,909 | -0.93% |
| 2025-09 | $1,927 | -0.67% |
| 2025-08 | $1,940 | -0.36% |
| 2025-07 | $1,947 | -0.15% |
| 2025-06 | $1,950 | +0.36% |
| 2025-05 | $1,943 | +0.62% |
| 2025-04 | $1,931 | +0.78% |
| 2025-03 | $1,916 | +0.79% |
| 2025-02 | $1,901 | +0.16% |
| 2025-01 | $1,898 | -0.32% |
| 2024-12 | $1,904 | -1.19% |
| 2024-11 | $1,927 | -1.28% |
| 2024-10 | $1,952 | -1.06% |
| 2024-09 | $1,973 | -0.40% |
| 2024-08 | $1,981 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Compare All Cities
Open Full Rent Tracker →Other Cities
Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices