← Price Inflation Report / Rent Tracker
Rent Tracker
The average asking rent in Denver, CO is $1,858/month as of 2026-03. That is -1.2% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,858/mo
as of 2026-03
Year-over-Year Change
-1.2%
Monthly ZORI index values for Denver, CO.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,858 | +0.60% |
| 2026-02 | $1,847 | +0.27% |
| 2026-01 | $1,842 | -0.16% |
| 2025-12 | $1,845 | -0.81% |
| 2025-11 | $1,860 | -1.01% |
| 2025-10 | $1,879 | -0.95% |
| 2025-09 | $1,897 | -0.73% |
| 2025-08 | $1,911 | -0.42% |
| 2025-07 | $1,919 | -0.10% |
| 2025-06 | $1,921 | +0.42% |
| 2025-05 | $1,913 | +0.79% |
| 2025-04 | $1,898 | +0.90% |
| 2025-03 | $1,881 | +0.80% |
| 2025-02 | $1,866 | +0.16% |
| 2025-01 | $1,863 | -0.32% |
| 2024-12 | $1,869 | -1.27% |
| 2024-11 | $1,893 | -1.30% |
| 2024-10 | $1,918 | -1.08% |
| 2024-09 | $1,939 | -0.41% |
| 2024-08 | $1,947 | -0.10% |
| 2024-07 | $1,949 | +0.26% |
| 2024-06 | $1,944 | +0.36% |
| 2024-05 | $1,937 | +0.78% |
| 2024-04 | $1,922 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report