17 Apr Denver Metro Rental Market Update: April 2025 Edition
The Colorado real estate landscape is constantly shifting, making it crucial for property owners and investors to stay abreast of the latest developments. At Unlimited Real Estate Colorado, we are dedicated to equipping you with the most current data and insights to help you make well-informed decisions about your real estate investments. In this month’s market update, we’ll delve into the latest statistics for single family home rentals in Denver and its surrounding cities, highlighting the unique opportunities and challenges each area presents.
Denver
Denver’s rental market shows signs of moderate growth, with the average rent standing at $3,000. This represents a $5 month-over-month increase but a $50 year-over-year decrease. With 812 available rentals on the market and an average of 41 days on market, the rental market in Denver is moving at a steady pace. The city’s robust economy, fueled by industries such as tech and healthcare, continues to attract new residents, driving demand for rental properties. Denver’s strategic location near major transportation hubs and its lively cultural scene make it an appealing choice for renters.
Highlands Ranch
Highlands Ranch is experiencing a competitive rental market, with the average rent at $3,395. This reflects a $55 month-over-month decrease but a $95 year-over-year increase. There are only 59 available rentals on the market, and properties typically stay on the market for an average of 20 days. This affluent suburb is renowned for its excellent schools, ample outdoor recreational opportunities, and convenient access to Denver, making it a prime location for families and professionals.
Castle Rock
Castle Rock’s rental market is on the rise, with the average rent at $3,319. This represents a $19 month-over-month increase and a $119 year-over-year increase. With 63 available rentals and an average of 32 days on market, the rental market in Castle Rock is moving swiftly. Nestled at the base of the Rocky Mountains, this charming town offers breathtaking natural beauty, a strong sense of community, and a growing downtown area with shops and restaurants.
Centennial
Centennial’s rental market has seen a slight dip, with the average rent at $3,195. This indicates a $4 month-over-month decrease and a $100 year-over-year decrease. Despite this, the market remains competitive, with only 52 available rentals and an average of 22 days on market. Centennial 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 resilience, with the average rent at $2,933. This reflects an $83 month-over-month increase but a $62 year-over-year decrease. With 291 available rentals and an average of 33 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.
Golden
Golden is experiencing a stable rental market, with the average rent at $3,300. This reflects a $0 month-over-month change but a $50 year-over-year increase. With 51 available rentals and an average of 39 days on market, the rental market in Golden is moving at a steady pace. Known for its scenic beauty and outdoor recreation opportunities, Golden is an attractive option for renters looking for a balance of urban convenience and natural surroundings.
The Colorado rental market is dynamic and varied, with each city presenting its own set of opportunities and challenges for property owners and investors. Whether you’re looking to rent out your property in Denver, Highlands Ranch, Castle Rock, Centennial, Aurora, or Golden, staying informed about the latest market trends is essential. At Unlimited Real Estate Colorado, we are 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 courtesy of Zillow Rental Market Trends – April 15, 2025