80515 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 80515 is about $1,418 per month. This puts it in the 64th percentile compared to the state average cost of rent, which is $1,571. Households in 80515 have a median income of $7,114 per month so the average renter in 80515 is spending roughly 20% of their earnings on housing.
Nationally, and in 80515, home values are the data point most closely correlated with the cost of rent. The median price of a home in 80515 is $429,800 right now, which is lower than nearby zip codes, meaning that rents in 80515 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the central parts of 80515 while lower rent rates are often available in southwestern areas.
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