Denver

Colorado · Ranked #87 of 102 metros

30Crisis

Median Home Price

🏠

$580K

Need $166K income

Median Rent

🔑

$2K

Need $72K income

Housing Shortage

📉

65,000

units needed

Building Permits

🔨

20,000

annual

Median Income

💰

$83K

Pop: 2,963,821

Rent Burden

⚠️

33.5%

of renters paying >30%

Price Change (YoY)

📈

+2%

Homeownership

🏡

63.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricDenverNational
Price-to-Income Ratio7x6.1x
Rent Burden33.5%31.5%
Homeownership Rate63.0%65.5%
YoY Price Change+2%+3.5%
YoY Rent Change+1.2%+2.8%
Mortgage Denial Rate11.5%13.5%
Eviction Rate4.0%3.6%