Castle Rock, Colorado Rental Market Trends

Disclaimer:

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 Castle Rock, Colorado rental market.

Castle Rock, Colorado

Average Apartment Rent

$1,998

Y-o-Y Change in Average
Apartment Rent

-2.8%

As of May 2026

Compared to a year ago, Castle Rock, Colorado apartments have recorded a -2.8% rent decrease.

Castle Rock, Colorado Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Castle Rock $2,089 $2,066 $2,045 $2,086 $2,067 $2,062 $2,059 $1,985 $1,972
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Castle Rock
National
Jul 2023
$2,089
$1,741
Nov 2023
$2,066
$1,732
Mar 2024
$2,045
$1,736
Jul 2024
$2,086
$1,756
Nov 2024
$2,067
$1,749
Mar 2025
$2,062
$1,755
Jul 2025
$2,059
$1,767
Nov 2025
$1,985
$1,753
Mar 2026
$1,972
$1,750

Castle Rock, Colorado Average Apartment Rent

Castle Rock, Colorado Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 51.71%, apartments priced $1,500 - $2,000 represent the bulk of Castle Rock, Colorado rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.09%.

Castle Rock, Colorado Housing tenure**

Renter occupied housing units 5,579
Owner occupied housing units 20,367

Renters take up 22% of Castle Rock, Colorado real estate, occupying a total of 5,579 units, while homeowners live in 20,367 properties.

Median number of rooms of renter-occupied housing units**

4.5

Renter median household income**

$60,747

Average household size of renter-occupied housing units**

2.34

Rental vacancy rate**

4.8%

Castle Rock, Colorado Renter-occupied housing units by no. of bedrooms**

No bedrooms 119
1 bed 1,431
2 beds 2,092
3 beds 1,218
4 beds 456
5 or more beds 263

There are 2,092 rentals in Castle Rock, Colorado with 2 beds making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 119 units. Overall, the median number of rooms in Castle Rock, Colorado homes for rent is 4.5.

Castle Rock, Colorado Renter-occupied units by age of householder**

15 - 24 years 836
25 - 34 years 1,371
35 - 44 years 1,009
45 - 54 years 893
55 - 59 years 280
60 - 64 years 309
65 - 74 years 340
75 - 84 years 322
85 years and over 219

Most condos for rent in Castle Rock, Colorado are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.

Castle Rock, Colorado Renter-occupied housing units by family type**

Family households 3,070
Non-Family Households 2,509

Castle Rock, Colorado Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 1,674
No related children of the householder under 18 3,905

A total of 3,070 apartments for rent in Castle Rock, Colorado, or 55% of all rentals are family households. Additionally, 30% of rental homes include children under the age of 18 – that’s 1,674 units. All in all, the median size of a renter-occupied household in Castle Rock, Colorado is 2.34.

Castle Rock, Colorado Renter-occupied housing units by educational attainment**

Less than high school graduate 153
High school graduate (including equivalency) 1,346
Some college or associate's degree 2,119
Bachelor's degree or higher 1,961

In terms of education, renters holding bachelor degrees or higher make up 35% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Castle Rock, Colorado.

Castle Rock, Colorado Renter-occupied units by year structure built**

Built 2010 - 2019 1,494
Built 2000 - 2009 1,384
Built 1990 - 1999 1,365
Built 1980 - 1989 813
Built 1970 - 1979 284
Built 1960 - 1969 100
Built 1950 - 1959 60
Built 1940 - 1949 29
Built 1939 or earlier 35

The highest share of Castle Rock, Colorado apartment rentals, namely 27% or 1,494 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (25%, 1,384 units), and the ones Built 1990 - 1999 (24%, 1,365 units).

Castle Rock, Colorado Renter-occupied units by year householder moved in**

Moved in 2021 or later 888
Moved in 2018 to 2020 2,630
Moved in 2010 to 2017 1,879
Moved in 2000 to 2009 171

Median year renter moved into unit 2019

Most Castle Rock, Colorado renters (47%) moved in 2018 to 2020, while only 3% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Castle Rock, Colorado condos for rent is 2019.

Castle Rock, Colorado Renter-occupied housing units by vehicles available**

No vehicle available 409
1 vehicle available 2,331
2 vehicles available 2,060
3 vehicles available 570
4 vehicles available 151
5 or more vehicles available 58

When it comes to transportation options, 42% of Castle Rock, Colorado renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 10% have 3 vehicles available.

Castle Rock, Colorado Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 5,694
Car, truck, or van - carpooled 391
Walked 238
Taxicab, motorcycle, bicycle, or other means 101
Worked at home 853

Castle Rock, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 7,887
Moved within same county 1,627
Moved from different county within same state 1,658
Moved from different state 1,737

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 Castle Rock, 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

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