Is rent getting cheaper in major Colorado cities?

Median rents in large Front Range cities fell across the board in late 2025 compared with the same period a year earlier, reports show.

A Colorado Housing and Finance Authority survey shows that between the third quarters of 2024 and 2025, median rent dropped by $34 to $1,399 in Colorado Springs, by $26 to $1,725 in Fort Collins, and by $20 to $1,020 in Pueblo. Denver rents decreased by $91 to $1,729 during that period, the Apartment Association of Metro Denver found. 

Smaller cities including Greeley, Grand Junction and Durango continued to see rents increase, while Steamboat, Glenwood Springs and Fort Morgan saw no change.

Denver apartment vacancy hit 6.3% in late 2025, up a full percentage point from a year earlier. Vacancy in mountain markets increased to over 4%. In the Front Range, they slightly declined to 6%.