January 2026 Denver Metro Rental Market Update

January 2026 Rental Market Update Denver

January 2026 Denver Metro Rental Market Update

Here is your January rental market update for Denver, Golden, Highlands Ranch, Castle Rock, Centennial, and Aurora. We’ll look at the latest rental data and what it could mean for your 2026 investment plans.

Denver

Denver’s rental market is still busy, with an average rent of $1,969. That’s $31 less than last month and $131 less than last year, showing a slow cooling trend. There are 4,030 rentals available, so tenants have plenty of options and prices are competitive. Owners should focus on making their properties attractive and keeping good tenants. Looking ahead to 2026, rent growth is expected to slow and tenants may have more negotiating power.

Golden

Golden’s rental market is strong, with an average rent of $2,195. Rent went up $20 from last month but is down $280 from last year, showing recent demand but also a longer-term adjustment. There are only 127 rentals available, so supply is tight. Owners should showcase their property’s best features and stay flexible to what renters want. The outlook for 2026 is steady as the market balances out.

Highlands Ranch

Highlands Ranch is still a top-tier market, with an average rent of $2,895. That’s $5 less than last month and $105 less than last year, but rents here are still some of the highest in the area. With just 111 rentals available, there’s strong competition among tenants. Owners should highlight the value and amenities of their properties. For 2026, expect steady demand and little change in prices.

Castle Rock

Castle Rock’s rental market shows ongoing resilience, with the average rent at $2,795. This reflects a $25 decrease from last month but a $30 year-over-year increase, highlighting modest long-term growth. With 154 rentals available, the supply is balanced. Owners can expect continued interest, especially as the area grows. The 2026 outlook anticipates gradual rent appreciation and stable demand.

Centennial

Centennial’s rental market has options for both owners and tenants, with an average rent of $2,550. That’s the same as last month but $250 less than last year. There are 163 rentals available, keeping the market steady. Owners should focus on keeping tenants and offering fair prices. The 2026 outlook is for continued balance as renter needs change.

Aurora

Aurora is still a lively market, with an average rent of $2,100. That’s $5 more than last month and $50 less than last year. With 1,268 rentals available, tenants have lots of choices. Owners can draw in renters by improving their properties and offering good value. The 2026 forecast expects steady demand and a strong rental market.

If you want to invest, rent out a property, or learn more about the Denver metro rental markets, reach out to Unlimited RE Property Management Denver for a free property analysis. Happy New Year!

 

Data courtesy of Zillow Rental Market Trends – January 11, 2026