Golden, 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 Golden, Colorado rental market.

Golden, Colorado

Average Apartment Rent

$2,275

Y-o-Y Change in Average
Apartment Rent

5.4%

As of November 2024

Compared to a year ago, Golden, Colorado apartments have recorded a 5.4% rent increase.

Golden, Colorado Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Golden $2,015 $2,048 $2,171 $2,167 $2,080 $2,188 $2,158 $2,159 $2,229 $2,275
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Golden
National
Nov 2021
$2,015
$1,596
Mar 2022
$2,048
$1,635
Jul 2022
$2,171
$1,708
Nov 2022
$2,167
$1,726
Mar 2023
$2,080
$1,714
Jul 2023
$2,188
$1,739
Nov 2023
$2,158
$1,733
Mar 2024
$2,159
$1,727
Jul 2024
$2,229
$1,752
Nov 2024
$2,275
$1,748

Golden, Colorado Average Apartment Rent

Golden, Colorado Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 60.99%, apartments priced Over $2,000 represent the bulk of Golden, Colorado rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.4%.

Golden, Colorado Housing tenure**

Renter occupied housing units 3,246
Owner occupied housing units 4,502

Renters take up 42% of Golden, Colorado real estate, occupying a total of 3,246 units, while homeowners live in 4,502 properties.

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

3.9

Renter median household income**

$70,436

Average household size of renter-occupied housing units**

2.2

Rental vacancy rate**

2.5%

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

No bedrooms 241
1 bed 920
2 beds 1,221
3 beds 711
4 beds 81
5 or more beds 72

There are 1,221 rentals in Golden, Colorado with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 72 units. Overall, the median number of rooms in Golden, Colorado homes for rent is 3.9.

Golden, Colorado Renter-occupied units by age of householder**

15 - 24 years 623
25 - 34 years 898
35 - 44 years 646
45 - 54 years 410
55 - 59 years 76
60 - 64 years 177
65 - 74 years 121
75 - 84 years 126
85 years and over 169

Most condos for rent in Golden, Colorado are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

Golden, Colorado Renter-occupied housing units by family type**

Family households 1,243
Non-Family Households 2,003

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

With related children of the householder under 18 605
No related children of the householder under 18 2,641

A total of 1,243 apartments for rent in Golden, Colorado, or 38% of all rentals are family households. Additionally, 19% of rental homes include children under the age of 18 – that’s 605 units. All in all, the median size of a renter-occupied household in Golden, Colorado is 2.2.

Golden, Colorado Renter-occupied housing units by educational attainment**

Less than high school graduate 63
High school graduate (including equivalency) 765
Some college or associate's degree 1,043
Bachelor's degree or higher 1,375

In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Golden, Colorado.

Golden, Colorado Renter-occupied units by year structure built**

Built 2020 or later 45
Built 2010 - 2019 341
Built 2000 - 2009 398
Built 1990 - 1999 515
Built 1980 - 1989 242
Built 1970 - 1979 824
Built 1960 - 1969 473
Built 1950 - 1959 79
Built 1940 - 1949 112
Built 1939 or earlier 217

The highest share of Golden, Colorado apartment rentals, namely 25% or 824 units, were Built 1970 - 1979, followed by those Built 1990 - 1999 (16%, 515 units), and the ones Built 1960 - 1969 (15%, 473 units).

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

Moved in 2021 or later 621
Moved in 2018 to 2020 1,331
Moved in 2010 to 2017 1,070
Moved in 2000 to 2009 178
Moved in 1990 to 1999 46

Median year renter moved into unit 2019

Most Golden, Colorado renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Golden, Colorado condos for rent is 2019.

Golden, Colorado Renter-occupied housing units by vehicles available**

No vehicle available 413
1 vehicle available 1,328
2 vehicles available 1,094
3 vehicles available 335
4 vehicles available 39
5 or more vehicles available 37

When it comes to transportation options, 41% of Golden, Colorado renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 13% have No vehicle available.

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

Car, truck, or van - drove alone 2,349
Car, truck, or van - carpooled 348
Public transportation (excluding taxicab) 112
Walked 465
Taxicab, motorcycle, bicycle, or other means 181
Worked at home 960

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

Same house as 1 year ago 3,933
Moved within same county 1,313
Moved from different county within same state 556
Moved from different state 1,194
Moved from abroad 119

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 Golden, 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

Check out rentals available in Golden, Colorado