Thornton, 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 Thornton, Colorado rental market.

Thornton, Colorado

Average Apartment Rent

$1,789

Y-o-Y Change in Average
Apartment Rent

-4.5%

As of May 2026

Compared to a year ago, Thornton, Colorado apartments have recorded a -4.5% rent decrease.

Thornton, 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
Thornton $1,919 $1,878 $1,912 $1,969 $1,918 $1,866 $1,880 $1,806 $1,778
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Thornton
National
Jul 2023
$1,919
$1,741
Nov 2023
$1,878
$1,732
Mar 2024
$1,912
$1,736
Jul 2024
$1,969
$1,756
Nov 2024
$1,918
$1,749
Mar 2025
$1,866
$1,755
Jul 2025
$1,880
$1,767
Nov 2025
$1,806
$1,753
Mar 2026
$1,778
$1,750

Thornton, Colorado Average Apartment Rent

Thornton, 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 58.99%, apartments priced $1,500 - $2,000 represent the bulk of Thornton, Colorado rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.34%.

Thornton, Colorado Housing tenure**

Renter occupied housing units 13,212
Owner occupied housing units 35,254

Renters take up 27% of Thornton, Colorado real estate, occupying a total of 13,212 units, while homeowners live in 35,254 properties.

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

4.2

Renter median household income**

$64,034

Average household size of renter-occupied housing units**

2.74

Rental vacancy rate**

3.1%

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

No bedrooms 362
1 bed 3,709
2 beds 4,358
3 beds 3,441
4 beds 923
5 or more beds 419

There are 4,358 rentals in Thornton, Colorado with 2 beds making up the highest share of the market, at 33%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 362 units. Overall, the median number of rooms in Thornton, Colorado homes for rent is 4.2.

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

15 - 24 years 1,559
25 - 34 years 4,378
35 - 44 years 3,209
45 - 54 years 1,640
55 - 59 years 786
60 - 64 years 477
65 - 74 years 653
75 - 84 years 425
85 years and over 85

Most condos for rent in Thornton, Colorado are occupied by residents in the 25 - 34 years age group (33%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

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

Family households 7,525
Non-Family Households 5,687

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

With related children of the householder under 18 5,019
No related children of the householder under 18 8,193

A total of 7,525 apartments for rent in Thornton, Colorado, or 57% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 5,019 units. All in all, the median size of a renter-occupied household in Thornton, Colorado is 2.74.

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

Less than high school graduate 1,527
High school graduate (including equivalency) 4,077
Some college or associate's degree 5,059
Bachelor's degree or higher 2,549

In terms of education, renters holding bachelor degrees or higher make up 19% of the rental market. In contrast, residents with less than a high school degree reside in 12% of the homes for rent in Thornton, Colorado.

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

Built 2010 - 2019 1,856
Built 2000 - 2009 3,190
Built 1990 - 1999 2,760
Built 1980 - 1989 1,758
Built 1970 - 1979 2,127
Built 1960 - 1969 1,028
Built 1950 - 1959 357

The highest share of Thornton, Colorado apartment rentals, namely 24% or 3,190 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (21%, 2,760 units), and the ones Built 1970 - 1979 (16%, 2,127 units).

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

Moved in 2021 or later 1,363
Moved in 2018 to 2020 5,335
Moved in 2010 to 2017 5,669
Moved in 2000 to 2009 766

Median year renter moved into unit 2018

Most Thornton, Colorado renters (43%) moved in 2010 to 2017, while only 6% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Thornton, Colorado condos for rent is 2018.

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

No vehicle available 873
1 vehicle available 5,557
2 vehicles available 4,903
3 vehicles available 1,373
4 vehicles available 291
5 or more vehicles available 215

When it comes to transportation options, 42% of Thornton, Colorado renters have 1 vehicle available per household, 37% of them have 2 vehicles available, and 10% have 3 vehicles available.

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

Car, truck, or van - drove alone 14,406
Car, truck, or van - carpooled 2,787
Public transportation (excluding taxicab) 717
Walked 261
Taxicab, motorcycle, bicycle, or other means 192
Worked at home 1,560

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

Same house as 1 year ago 24,123
Moved within same county 6,776
Moved from different county within same state 2,642
Moved from different state 2,004

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 Thornton, 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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