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RE Intelligence

Rental numbers for Arapahoe County, CO

The typical home here runs -$2,017 a month at 7.78% with 25% down. 0 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%.

Gross yield
4.3%
typical home, Zillow
Median ZIP yield
4.7%
17 ZIPs with full data
Cash flow
-$2,017/mo
at 7.78%, 25% down
Typical price
$505,000
Zillow ZHVI, Aug 2026
Typical rent
$1,821/mo
Zillow ZORI, Aug 2026

ZIP codes in Arapahoe County

21 with published figures

80018Aurora$532,000$2,8316.4%3.3%-$1,400+4.7%
80015Centennial$541,000$2,7506.1%3.2%-$1,452+0.3%
80105Deer Trail$385,000$1,930*6.0%3.1%-$1,084n/a
80014Aurora$346,000$1,6535.7%2.7%-$1,091-0.5%
80013Aurora$459,000$2,0545.4%2.5%-$1,506+0.7%
80011Aurora$400,000$1,6434.9%2.1%-$1,465-1.7%
80122Centennial$621,000$2,4904.8%2.2%-$2,230-0.9%
80017Aurora$399,000$1,5914.8%1.9%-$1,513-2.4%
80010Aurora$389,000$1,5414.8%1.8%-$1,511-0.8%
80012Aurora$386,000$1,5214.7%1.9%-$1,472-3.0%
80231Denver$398,000$1,4934.5%1.8%-$1,567-3.2%
80137Watkins$526,000$1,930*4.4%1.8%-$2,034n/a
80103Byers$555,000$1,930*4.2%1.7%-$2,193n/a
80110Sheridan$482,000$1,6464.1%1.5%-$1,981-2.1%
80112Centennial$599,000$2,0144.0%1.5%-$2,488+0.2%
80120Littleton$597,000$1,9323.9%1.4%-$2,532-1.4%
80222Denver$546,000$1,7513.9%1.4%-$2,306+0.2%
80113Cherry Hills Village$629,000$1,8913.6%1.3%-$2,729-1.9%
80121Centennial$683,000$1,950*3.4%1.0%-$3,123n/a
80016Aurora$735,000$2,0303.3%0.8%-$3,451-1.3%
80111Greenwood Village$889,000$1,9902.7%0.5%-$4,420-1.5%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-2.2%
Rent, 12 months
-1.4%
Rent minus price growth
+0.8 pts
Property tax
0.52%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10010511011512020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$486,759$1,683
Aug 2022$556,269$1,824
Aug 2023$528,738$1,870
Aug 2024$534,484$1,902
Aug 2025$516,035$1,847
Aug 2026$504,567$1,821

HUD Fair Market Rent

FY2027, Denver-Aurora-Centennial, CO MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$1,751$1,831$2,169$2,846$3,183

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
10.1
2,604 units, last 12 months
National percentile
72th
among US counties

Tools

Test a listing in Arapahoe County against today's rate.

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Part of the Denver, CO metro.

Questions

Is Arapahoe County good for rental property?
The typical home here runs -$2,017 a month at 7.78% with 25% down. 0 of 17 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 4.7%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Arapahoe County?
About 0.52% of value, from Census ACS median taxes paid over median home value. On a $505,000 home that is about $2,644 a year.
What is Fair Market Rent in Arapahoe County?
HUD's FY2027 Fair Market Rent here is $1,831 for a 1-bedroom, $2,169 for a 2-bedroom and $2,846 for a 3-bedroom. Typical cash flow at today's rate is -$2,017 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.