Safe Rate Local

Denver

Learn about the people, housing, costs and businesses in Denver, Colorado

Median Home$663,354
Median Rent$1,886/month
Population718,877
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services21% healthcare
Home Value Growth+5.2% over 2 years
Young Adults42% of residentstop 2% nationally
Renters51% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableHighly Educated34% bachelor's · 15% graduate · top 4% nationally
Denver
CO

Frequently Asked Questions

What are today's mortgage rates in Denver?

As of today, the 30-year fixed mortgage rate for Denver is approximately 6.591% (6.603% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Denver?

The median home value in Denver is $663k. The median monthly rent is $1,886. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Denver?

Home values in Denver have increased 5.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Denver?

Based on a typical all-in ownership cost of $1,949/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Denver is $104k/year.

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What industries drive the economy in Denver?

The largest employment sectors in Denver are public administration (22%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.