18 Mar Colorado Rental Market Update: March 2025 Edition
As the Colorado real estate market continues to evolve, it’s essential for homeowners and investors to stay informed about the latest trends and insights. At Unlimited Real Estate Colorado, we’re committed to providing you with the most up-to-date information to help you make informed decisions about your properties. In this market update, we’ll dive into the latest statistics for Denver and its surrounding cities, highlighting the opportunities and challenges that each area presents.
Denver
Denver’s rental market is showing signs of growth, with an average rent of $2,995, representing a $45 month-over-month increase and a $8 year-over-year increase. With 758 available rentals on the market and an average of 44 days on market, Denver’s rental market is experiencing a moderate pace. The city’s thriving economy, driven by industries like tech and healthcare, continues to attract new residents and drive demand for rentals. Denver’s proximity to major transportation hubs and its vibrant cultural scene also make it an attractive option for renters.
Highlands Ranch
In Highlands Ranch, the average rent has surged to $3,450, with a $250 month-over-month increase and a $145 year-over-year increase. With only 45 available rentals on the market and an average of 28 days on market, Highlands Ranch is experiencing a highly competitive rental market. This affluent suburb is known for its excellent schools, outdoor recreational opportunities, and easy access to Denver, making it a desirable location for families and professionals.
Castle Rock
Castle Rock is also experiencing significant growth, with an average rent of $3,300, representing a $150 month-over-month increase and a $50 year-over-year increase. With 60 available rentals on the market and an average of 32 days on market, Castle Rock’s rental market is moving quickly. This charming town is nestled at the base of the Rocky Mountains, offering stunning natural beauty, a strong sense of community, and a growing downtown area with shops and restaurants.
Centennial
In Centennial, the average rent has decreased to $3,199, with a $35 month-over-month decrease and a $161 year-over-year decrease. Despite this decline, Centennial’s rental market remains competitive, with only 42 available rentals on the market and an average of 28 days on market. This suburb is known for its highly rated schools, safe neighborhoods, and convenient access to Denver and the Denver Tech Center.
Aurora
Aurora’s rental market is showing signs of resilience, with an average rent of $2,858, representing a $58 month-over-month increase and a $37 year-over-year decrease. With 284 available rentals on the market and an average of 32 days on market, Aurora’s rental market is experiencing a moderate pace. This diverse city is home to a growing population of young professionals and families, attracted by its affordable housing options, cultural amenities, and easy access to Denver International Airport.
In conclusion, the Colorado rental market is complex and multifaceted, with each city presenting unique opportunities and challenges for homeowners and investors. Whether you’re looking to rent out your property in Denver, Highlands Ranch, Castle Rock, Centennial, or Aurora, it’s essential to stay informed about the latest market trends and insights. At Unlimited Real Estate Colorado, we’re committed to helping you navigate the rental market and maximize your investment.
Contact us today to get a free property analysis and discover how you can capitalize on the growing demand for rentals in Colorado. Our team of experts will work with you to determine the best rental strategy for your property, ensuring that you get the highest possible returns on your investment. Don’t miss out on this opportunity to boost your income and secure your financial future – reach out to us today to get started!
Data sourced from Zillow Rental Market Trends as of March 18, 2025.