Greater Boulder, 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 Greater Boulder, Colorado rental market.

Greater Boulder, Colorado

Average Apartment Rent

$2,147

Y-o-Y Change in Average
Apartment Rent

-1.5%

As of May 2026

Compared to a year ago, Greater Boulder, Colorado apartments have recorded a -1.5% rent decrease.

Greater Boulder, 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
Boulder $2,187 $2,164 $2,171 $2,238 $2,169 $2,156 $2,187 $2,131 $2,123
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Boulder
National
Jul 2023
$2,187
$1,741
Nov 2023
$2,164
$1,732
Mar 2024
$2,171
$1,736
Jul 2024
$2,238
$1,756
Nov 2024
$2,169
$1,749
Mar 2025
$2,156
$1,755
Jul 2025
$2,187
$1,767
Nov 2025
$2,131
$1,753
Mar 2026
$2,123
$1,750

Greater Boulder, Colorado Average Apartment Rent

Greater Boulder, 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 46.02%, apartments priced $1,500 - $2,000 represent the bulk of Greater Boulder, Colorado rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 6.42%.

Greater Boulder, Colorado Housing tenure**

Renter occupied housing units 23,041
Owner occupied housing units 20,617

Renters take up 53% of Greater Boulder, Colorado real estate, occupying a total of 23,041 units, while homeowners live in 20,617 properties.

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

3.7

Renter median household income**

$45,189

Average household size of renter-occupied housing units**

2.12

Rental vacancy rate**

4.2%

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

No bedrooms 1,670
1 bed 6,475
2 beds 8,434
3 beds 3,789
4 beds 1,918
5 or more beds 755

There are 8,434 rentals in Greater Boulder, Colorado with 2 beds making up the highest share of the market, at 37%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 755 units. Overall, the median number of rooms in Greater Boulder, Colorado homes for rent is 3.7.

Greater Boulder, Colorado Renter-occupied units by age of householder**

15 - 24 years 8,676
25 - 34 years 6,620
35 - 44 years 2,665
45 - 54 years 1,687
55 - 59 years 602
60 - 64 years 423
65 - 74 years 1,266
75 - 84 years 604
85 years and over 498

Most condos for rent in Greater Boulder, Colorado are occupied by residents in the 15 - 24 years age group (38%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

Greater Boulder, Colorado Renter-occupied housing units by family type**

Family households 4,785
Non-Family Households 18,256

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

With related children of the householder under 18 1,989
No related children of the householder under 18 21,052

A total of 4,785 apartments for rent in Greater Boulder, Colorado, or 21% of all rentals are family households. Additionally, 9% of rental homes include children under the age of 18 – that’s 1,989 units. All in all, the median size of a renter-occupied household in Greater Boulder, Colorado is 2.12.

Greater Boulder, Colorado Renter-occupied housing units by educational attainment**

Less than high school graduate 669
High school graduate (including equivalency) 1,961
Some college or associate's degree 7,715
Bachelor's degree or higher 12,696

In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Greater Boulder, Colorado.

Greater Boulder, Colorado Renter-occupied units by year structure built**

Built 2010 - 2019 2,553
Built 2000 - 2009 1,779
Built 1990 - 1999 3,263
Built 1980 - 1989 3,790
Built 1970 - 1979 4,792
Built 1960 - 1969 3,385
Built 1950 - 1959 1,364
Built 1940 - 1949 336
Built 1939 or earlier 1,717

The highest share of Greater Boulder, Colorado apartment rentals, namely 21% or 4,792 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (16%, 3,790 units), and the ones Built 1960 - 1969 (15%, 3,385 units).

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

Moved in 2021 or later 4,068
Moved in 2018 to 2020 11,149
Moved in 2010 to 2017 6,713
Moved in 2000 to 2009 846
Moved in 1990 to 1999 195

Median year renter moved into unit 2019

Most Greater Boulder, Colorado renters (48%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Greater Boulder, Colorado condos for rent is 2019.

Greater Boulder, Colorado Renter-occupied housing units by vehicles available**

No vehicle available 3,311
1 vehicle available 9,877
2 vehicles available 6,430
3 vehicles available 2,662
4 vehicles available 454
5 or more vehicles available 307

When it comes to transportation options, 43% of Greater Boulder, Colorado renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 14% have No vehicle available.

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

Car, truck, or van - drove alone 13,539
Car, truck, or van - carpooled 1,409
Public transportation (excluding taxicab) 1,783
Walked 3,807
Taxicab, motorcycle, bicycle, or other means 2,922
Worked at home 6,628

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

Same house as 1 year ago 23,299
Moved within same county 14,409
Moved from different county within same state 4,818
Moved from different state 5,298
Moved from abroad 820

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 Greater Boulder, 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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