Edgewater, 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 Edgewater, Colorado rental market.
Edgewater, Colorado
Average Apartment Rent
$1,713
Y-o-Y Change in Average
Apartment Rent
-1.8%
As of November 2024
Compared to a year ago, Edgewater, Colorado apartments have recorded a -1.8% rent decrease.
Edgewater, Colorado Average apartment rent trend
Edgewater, Colorado Average Apartment Rent
Edgewater, Colorado Apartment rent ranges
At 56.58%, apartments priced $1,500 - $2,000 represent the bulk of Edgewater, Colorado rentals, while condos priced Over $2,000 hold the lowest share of the market – 17.56%.
Edgewater, Colorado Housing tenure**
Renters take up 65% of Edgewater, Colorado real estate, occupying a total of 1,445 units, while homeowners live in 773 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$50,673
Average household size of renter-occupied housing units**
2.1
Rental vacancy rate**
5.9%
Edgewater, Colorado Renter-occupied housing units by no. of bedrooms**
There are 786 rentals in Edgewater, Colorado with 2 beds making up the highest share of the market, at 54%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 54 units. Overall, the median number of rooms in Edgewater, Colorado homes for rent is 3.8.
Edgewater, Colorado Renter-occupied units by age of householder**
Most condos for rent in Edgewater, Colorado are occupied by residents in the 25 - 34 years age group (40%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Edgewater, Colorado Renter-occupied housing units by family type**
Edgewater, Colorado Renter-occupied housing units by the presence of own children**
A total of 476 apartments for rent in Edgewater, Colorado, or 33% of all rentals are family households. Additionally, 15% of rental homes include children under the age of 18 – that’s 218 units. All in all, the median size of a renter-occupied household in Edgewater, Colorado is 2.1.
Edgewater, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 29% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Edgewater, Colorado.
Edgewater, Colorado Renter-occupied units by year structure built**
The highest share of Edgewater, Colorado apartment rentals, namely 30% or 431 units, were Built 1970 - 1979, followed by those Built 1950 - 1959 (23%, 336 units), and the ones Built 1990 - 1999 (17%, 241 units).
Edgewater, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Edgewater, Colorado renters (41%) moved in 2010 to 2017, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Edgewater, Colorado condos for rent is 2018.
Edgewater, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Edgewater, Colorado renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 8% have No vehicle available.
Edgewater, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Edgewater, 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 Edgewater, 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
