Highlands Ranch, 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 Highlands Ranch, Colorado rental market.
Highlands Ranch, Colorado
Average Apartment Rent
$2,105
Y-o-Y Change in Average
Apartment Rent
-6.4%
As of May 2026
Compared to a year ago, Highlands Ranch, Colorado apartments have recorded a -6.4% rent decrease.
Highlands Ranch, Colorado Average apartment rent trend
Highlands Ranch, Colorado Average Apartment Rent
Highlands Ranch, Colorado Apartment rent ranges
At 43.42%, apartments priced $1,500 - $2,000 represent the bulk of Highlands Ranch, Colorado rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.31%.
Highlands Ranch, Colorado Housing tenure**
Renters take up 21% of Highlands Ranch, Colorado real estate, occupying a total of 7,746 units, while homeowners live in 29,837 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$102,946
Average household size of renter-occupied housing units**
2.27
Rental vacancy rate**
4%
Highlands Ranch, Colorado Renter-occupied housing units by no. of bedrooms**
There are 2,690 rentals in Highlands Ranch, Colorado with 2 beds making up the highest share of the market, at 35%. Units with No bedrooms, on the other hand, hold the lowest percentage (4%), amounting to 326 units. Overall, the median number of rooms in Highlands Ranch, Colorado homes for rent is 4.5.
Highlands Ranch, Colorado Renter-occupied units by age of householder**
Most condos for rent in Highlands Ranch, Colorado are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.
Highlands Ranch, Colorado Renter-occupied housing units by family type**
Highlands Ranch, Colorado Renter-occupied housing units by the presence of own children**
A total of 4,349 apartments for rent in Highlands Ranch, Colorado, or 56% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 2,574 units. All in all, the median size of a renter-occupied household in Highlands Ranch, Colorado is 2.27.
Highlands Ranch, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 58% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Highlands Ranch, Colorado.
Highlands Ranch, Colorado Renter-occupied units by year structure built**
The highest share of Highlands Ranch, Colorado apartment rentals, namely 37% or 2,830 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (29%, 2,225 units), and the ones Built 1980 - 1989 (16%, 1,229 units).
Highlands Ranch, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Highlands Ranch, Colorado renters (41%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Highlands Ranch, Colorado condos for rent is 2018.
Highlands Ranch, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of Highlands Ranch, Colorado renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 8% have 3 vehicles available.
Highlands Ranch, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Highlands Ranch, 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 Highlands Ranch, 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
