Cherry Creek, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Cherry Creek, Colorado rental market.
Cherry Creek, Colorado
Average Apartment Rent
$1,895
Y-o-Y Change in Average
Apartment Rent
-3.7%
As of May 2026
Compared to a year ago, Cherry Creek, Colorado apartments have recorded a -3.7% rent decrease.
Cherry Creek, Colorado Average apartment rent trend
Cherry Creek, Colorado Average Apartment Rent
Cherry Creek, Colorado Apartment rent ranges
At 48.17%, apartments priced $1,500 - $2,000 represent the bulk of Cherry Creek, Colorado rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.9%.
Cherry Creek, Colorado Housing tenure**
Renters take up 24% of Cherry Creek, Colorado real estate, occupying a total of 965 units, while homeowners live in 3,140 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$67,434
Average household size of renter-occupied housing units**
2.33
Rental vacancy rate**
2.2%
Cherry Creek, Colorado Renter-occupied housing units by no. of bedrooms**
There are 336 rentals in Cherry Creek, Colorado with 2 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (5%), amounting to 51 units. Overall, the median number of rooms in Cherry Creek, Colorado homes for rent is 4.
Cherry Creek, Colorado Renter-occupied units by age of householder**
Most condos for rent in Cherry Creek, Colorado are occupied by residents in the 35 - 44 years age group (29%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Cherry Creek, Colorado Renter-occupied housing units by family type**
Cherry Creek, Colorado Renter-occupied housing units by the presence of own children**
A total of 380 apartments for rent in Cherry Creek, Colorado, or 39% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 267 units. All in all, the median size of a renter-occupied household in Cherry Creek, Colorado is 2.33.
Cherry Creek, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 8% of the homes for rent in Cherry Creek, Colorado.
Cherry Creek, Colorado Renter-occupied units by year structure built**
The highest share of Cherry Creek, Colorado apartment rentals, namely 29% or 279 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (24%, 233 units), and the ones Built 1990 - 1999 (20%, 197 units).
Cherry Creek, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Cherry Creek, Colorado renters (45%) moved in 2018 to 2020, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Cherry Creek, Colorado condos for rent is 2018.
Cherry Creek, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 48% of Cherry Creek, Colorado renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 14% have No vehicle available.
Cherry Creek, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Cherry Creek, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Cherry Creek, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
