August 2025 Denver Metro Rental Market Update

August 2025 Denver Metro Rental Market Update

As the summer sun reaches its peak, Denver and its neighboring communities are experiencing a unique shift in their rental markets. The allure of the Rocky Mountains and the city’s vibrant culture continues to draw in both residents and visitors, creating a dynamic landscape for property owners and investors. Whether you’re a seasoned landlord or a homeowner considering renting out your property, this month’s update offers insights into the current trends and opportunities. To make the most of these trends, consider getting a free rental analysis for your property in the Denver area.

Denver Single Family Homes

Denver’s rental market has shown remarkable stability, with the average rent for single-family homes remaining at $3,000. Despite a $100 year-over-year decrease, the month-over-month change is at $0, indicating a balanced market. With 1,259 available rentals and an average of 40 days on the market, the demand remains consistent, suggesting a healthy rental environment for those looking to invest or rent out their properties.

Highlands Ranch Single Family Homes

Highlands Ranch’s rental market has experienced a slight decline, with the average rent for single-family homes decreasing to $3,200. This $95 month-over-month decrease, combined with a $57 year-over-year decrease, reflects a cooling trend. With 111 available rentals and an average of 26 days on the market, Highlands Ranch remains an attractive location for renters, though property owners may need to adjust their strategies to maintain competitiveness.

Castle Rock Single Family Homes

Castle Rock’s rental market has seen a mixed trend, with the average rent for single-family homes decreasing to $3,250. This $120 month-over-month decrease is offset by a $100 year-over-year increase, indicating a stabilizing market. With 116 available rentals and an average of 36 days on the market, Castle Rock continues to attract renters, maintaining its appeal as a desirable location for both living and investing.

Centennial Single Family Homes

Centennial’s rental market has shown resilience, with the average rent for single-family homes remaining at $3,300. Despite a $0 month-over-month change, the $148 year-over-year increase highlights a growing demand. With 86 available rentals and an average of 36 days on the market, Centennial is becoming an increasingly attractive option for renters, suggesting a strong rental environment for property owners.

Aurora Single Family Homes

Aurora’s rental market has experienced a slight downturn, with the average rent for single-family homes decreasing to $2,900. This $85 month-over-month decrease, alongside a $20 year-over-year decrease, reflects a cooling trend. With 507 available rentals and an average of 39 days on the market, Aurora remains a viable option for renters, though property owners may need to adapt their strategies to maintain occupancy.

Golden Single Family Homes

Golden’s rental market has seen a decline, with the average rent for single-family homes decreasing to $3,235. This $65 month-over-month decrease, combined with a $175 year-over-year decrease, indicates a shift in the market. With 48 available rentals and an average of 59 days on the market, Golden continues to be a desirable location, though property owners may need to adjust their strategies to attract and retain renters.

As August unfolds, the Denver area’s rental market offers a mix of opportunities and challenges. Whether you’re in Denver, Highlands Ranch, Castle Rock, Centennial, Aurora, or Golden, the current trends indicate a dynamic and evolving landscape. To make the most of these opportunities, consider getting a free rental analysis for your property. This will help you understand the market trends and maximize your investment potential. Don’t miss out on the chance to capitalize on the thriving rental market in the Denver area!

 

Data courtesy of Zillow Rental Market Trends – August 13, 2025