Property Prices in Denver, CO, United States

Index Info
Price to Income Ratio: 4.13
Mortgage as Percentage of Income: 37.06%
Loan Affordability Index: 2.70
Price to Rent Ratio - City Centre: 10.00
Price to Rent Ratio - Outside of Centre: 10.53
Gross Rental Yield (City Centre): 10.00%
Gross Rental Yield (Outside of Centre): 9.50%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,127.73 $ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,737.73 $ 1,400.00-2,119.00
Apartment (3 bedrooms) in City Centre 3,629.92 $ 2,900.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 3,013.40 $ 2,500.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 421.07 $ 310.00-699.99
Price per Square Feet to Buy Apartment Outside of Centre 364.74 $ 298.96-548.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 5,126.19 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.55 5.90-7.00

These data are based on 252 entries in the past 18 months from 50 different contributors.
Last update: April 2024

Sources and References
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2 Comments so far
Anonymous on Jul 24, 2021:
Rent prices listed here are unrealistic for 2021. A 1 BR in Denver outside of city center but within reach of functional public transit costs between 1700 (basement, single pane windows, no microwave or washer dryer, etc) and 2300 (basic quality appliances, double panes windows, safe area, balcony).
Anonymous on Jul 24, 2021:
Average income listed here is per household, not per individual. Individual average after tax income is under 3000.