Parker, 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 Parker, Colorado rental market.

Parker, Colorado

Average Apartment Rent

$2,062

Y-o-Y Change in Average
Apartment Rent

-0.5%

As of May 2026

Compared to a year ago, Parker, Colorado apartments have recorded a -0.5% rent decrease.

Parker, 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
Parker $2,038 $1,996 $2,015 $2,043 $2,009 $2,009 $2,094 $2,036 $2,003
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Parker
National
Jul 2023
$2,038
$1,741
Nov 2023
$1,996
$1,732
Mar 2024
$2,015
$1,736
Jul 2024
$2,043
$1,756
Nov 2024
$2,009
$1,749
Mar 2025
$2,009
$1,755
Jul 2025
$2,094
$1,767
Nov 2025
$2,036
$1,753
Mar 2026
$2,003
$1,750

Parker, Colorado Average Apartment Rent

Parker, 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 43.79%, apartments priced $1,500 - $2,000 represent the bulk of Parker, Colorado rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.12%.

Parker, Colorado Housing tenure**

Renter occupied housing units 5,391
Owner occupied housing units 15,254

Renters take up 26% of Parker, Colorado real estate, occupying a total of 5,391 units, while homeowners live in 15,254 properties.

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

3.9

Renter median household income**

$77,531

Average household size of renter-occupied housing units**

2.38

Rental vacancy rate**

7.3%

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

No bedrooms 342
1 bed 1,831
2 beds 1,799
3 beds 1,016
4 beds 263
5 or more beds 140

There are 1,831 rentals in Parker, Colorado with 1 bed making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (3%), amounting to 140 units. Overall, the median number of rooms in Parker, Colorado homes for rent is 3.9.

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

15 - 24 years 821
25 - 34 years 1,663
35 - 44 years 778
45 - 54 years 902
55 - 59 years 276
60 - 64 years 351
65 - 74 years 408
75 - 84 years 113
85 years and over 79

Most condos for rent in Parker, Colorado are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 3,175
Non-Family Households 2,216

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

With related children of the householder under 18 1,539
No related children of the householder under 18 3,852

A total of 3,175 apartments for rent in Parker, Colorado, or 59% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,539 units. All in all, the median size of a renter-occupied household in Parker, Colorado is 2.38.

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

Less than high school graduate 167
High school graduate (including equivalency) 998
Some college or associate's degree 2,067
Bachelor's degree or higher 2,159

In terms of education, renters holding bachelor degrees or higher make up 40% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Parker, Colorado.

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

Built 2010 - 2019 1,728
Built 2000 - 2009 1,613
Built 1990 - 1999 1,002
Built 1980 - 1989 752
Built 1970 - 1979 120
Built 1960 - 1969 81
Built 1940 - 1949 38

The highest share of Parker, Colorado apartment rentals, namely 32% or 1,728 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (30%, 1,613 units), and the ones Built 1990 - 1999 (19%, 1,002 units).

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

Moved in 2021 or later 851
Moved in 2018 to 2020 2,819
Moved in 2010 to 2017 1,386
Moved in 2000 to 2009 211
Moved in 1990 to 1999 103

Median year renter moved into unit 2019

Most Parker, Colorado renters (52%) moved in 2018 to 2020, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Parker, Colorado condos for rent is 2019.

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

No vehicle available 246
1 vehicle available 2,031
2 vehicles available 2,577
3 vehicles available 290
4 vehicles available 179
5 or more vehicles available 68

When it comes to transportation options, 48% of Parker, Colorado renters have 2 vehicles available per household, 38% of them have 1 vehicle available, and 5% have 3 vehicles available.

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

Car, truck, or van - drove alone 5,299
Car, truck, or van - carpooled 938
Public transportation (excluding taxicab) 66
Walked 178
Taxicab, motorcycle, bicycle, or other means 63
Worked at home 1,219

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

Same house as 1 year ago 7,530
Moved within same county 1,645
Moved from different county within same state 1,979
Moved from different state 1,464
Moved from abroad 93

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 Parker, 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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