Rent vs Buy in Denver, CO

Price-to-Rent Ratio

25x — strongly favors renting

At 25x, Denver, CO is expensive relative to rents. Renters who invest the difference can often build more wealth unless home prices appreciate significantly.

Monthly Cost Gap

Buying currently costs roughly $2,179 more per month than renting the median unit in Denver, CO. That gap is the "opportunity cost" renters can invest — which is why the breakeven point matters so much here.

Price Trends

Home prices in Denver, CO declined 3.2% year-over-year, which creates potential buying opportunities but also signals some market softness worth monitoring.

Affordability

The income needed to qualify for a median home in Denver, CO is approximately $139K. Many middle-income households are weighing whether to buy now or continue renting.