Lone Tree, 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 Lone Tree, Colorado rental market.
Lone Tree, Colorado
Average Apartment Rent
$2,065
Y-o-Y Change in Average
Apartment Rent
-2%
As of November 2024
Compared to a year ago, Lone Tree, Colorado apartments have recorded a -2% rent decrease.
Lone Tree, Colorado Average apartment rent trend
Lone Tree, Colorado Average Apartment Rent
Lone Tree, Colorado Apartment rent ranges
At 52.5%, apartments priced $1,500 - $2,000 represent the bulk of Lone Tree, Colorado rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.02%.
Lone Tree, Colorado Housing tenure**
Renters take up 42% of Lone Tree, Colorado real estate, occupying a total of 2,612 units, while homeowners live in 3,680 properties.
Median number of rooms of renter-occupied housing units**
3.2
Renter median household income**
$86,646
Average household size of renter-occupied housing units**
1.78
Rental vacancy rate**
6.1%
Lone Tree, Colorado Renter-occupied housing units by no. of bedrooms**
There are 1,148 rentals in Lone Tree, Colorado with 1 bed making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 48 units. Overall, the median number of rooms in Lone Tree, Colorado homes for rent is 3.2.
Lone Tree, Colorado Renter-occupied units by age of householder**
Most condos for rent in Lone Tree, Colorado are occupied by residents in the 25 - 34 years age group (40%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Lone Tree, Colorado Renter-occupied housing units by family type**
Lone Tree, Colorado Renter-occupied housing units by the presence of own children**
A total of 850 apartments for rent in Lone Tree, Colorado, or 33% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 350 units. All in all, the median size of a renter-occupied household in Lone Tree, Colorado is 1.78.
Lone Tree, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 69% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Lone Tree, Colorado.
Lone Tree, Colorado Renter-occupied units by year structure built**
The highest share of Lone Tree, Colorado apartment rentals, namely 54% or 1,415 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (23%, 606 units), and the ones Built 2000 - 2009 (12%, 318 units).
Lone Tree, Colorado Renter-occupied units by year householder moved in**
Lone Tree, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Lone Tree, Colorado renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 7% have 3 or more vehicles available.
Lone Tree, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Lone Tree, 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 Lone Tree, 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
