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Rental Insights for ZIP Code 80111 (Englewood, CO)

Housing Rentals in ZIP Code 80111 (Englewood, CO)

80111 ZIP Code in Colorado

Everything to Know About Rentals in the U.S. ZIP Code 80111

ZIP Code 80111 is primarily associated with Englewood, CO in Arapahoe County. The median housing rent in this Colorado region is estimated at $1,687 per month. Approximately 38.7% of housing units in this Arapahoe County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 2.2%.

The median rent in ZIP Code 80111 of $1,687 per month is 33% higher than the aggregate Colorado median monthly rent of $1,271, and is 59% higher than the $1,062 the median monthly rent in the U.S. overall. Approximately 41.7% of renters in ZIP Code 80111 pay between $1,500 and $1,999 per month for housing. That is 85% higher than in Colorado overall, in which 22.5% of total state residents pay between $1,500 and $1,999 per month for housing. Just 1.1% of renters in ZIP Code 80111 pay less than $500 for monthly rent.

ZIP Code 80111 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 80111

See the chart below for a comparison of monthly rental costs in ZIP Code 80111, Colorado, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 80111 along with those in the state of Colorado and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 80111

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 80111 Colorado U.S.
Less than $500 1.1% 6.3% 9.4%
$500 to $999 3.6% 23.8% 36.2%
$1,000 to $1,499 29.7% 35.3% 30.0%
$1,500 to $1,999 41.7% 22.5% 14.0%
$2,000 to $2,499 15.3% 8.1% 5.6%
$2,500 to $2,999 4.8% 2.5% 2.4%
$3,000 or more 3.9% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 80111

Renters in ZIP Code 80111 use an estimated 27.61% of their income to cover their monthly rent payments. That is about 9% lower than in Colorado overall. The estimate for Colorado overall is 30.4% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 80111 renters use about 7% less of their income to cover rent expense. Household income figures for ZIP Code 80111 come in higher than in Colorado as a whole. The median annual household income in ZIP Code 80111 of $110,499 sits approximately 53% higher than the overall Colorado median income of $72,331 and approximately 76% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 80111

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 80111, Colorado, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 80111 along with the same calculations in the state of Colorado and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 80111

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 80111 Colorado U.S.
Less than 15.0 percent 13.7% 10.5% 13.1%
15.0 to 19.9 percent 18.8% 12.8% 12.9%
20.0 to 24.9 percent 13.4% 13.6% 12.9%
25.0 to 29.9 percent 13.4% 12.2% 11.6%
30.0 to 34.9 percent 10.1% 9.8% 9.1%
35.0 percent or more 30.5% 41.2% 40.5%

Household Income in ZIP Code 80111

See the table below for the regional comparison of annual household income in ZIP Code 80111.

Income ZIP 80111 Colorado U.S.
Less than $10,000 3.3% 4.8% 6.0%
$10,000 to $14,999 1.0% 3.2% 4.3%
$15,000 to $24,999 3.0% 7.0% 8.9%
$25,000 to $34,999 2.4% 7.6% 8.9%
$35,000 to $49,999 7.9% 11.6% 12.3%
$50,000 to $74,999 15.8% 17.4% 17.2%
$75,000 to $99,999 10.7% 13.8% 12.7%
$100,000 to $149,999 19.9% 17.6% 15.1%
$150,000 to $199,999 11.5% 8.2% 6.8%
$200,000 or more 24.4% 8.8% 7.7%

Household Income in ZIP Code 80111

See the chart below for a comparison of annual household income figures in ZIP Code 80111, Colorado, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 80111 alongside the same figures for the state of Colorado and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 80111

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 80111.

ZIP 80111 Colorado U.S.
Median Housing Rent $1,687 $1,271 $1,062
Renter-Occupied Housing Units 38.7% 34.8% 36.0%
Rental Vacancy Rate 2.2% 4.8% 6.0%
Average Size of Renter-Occupied Unit 2.15 2.39 2.49
Average # of Bedrooms Per Unit 3.17 2.89 2.75
Percent of Income Spent on Rent 27.61% 30.4% 29.83%
Per Capita Income $65,377 $38,226 $34,103
Median Household Income $167,541 $96,970 $88,607
Living Below the Poverty Line 2.5% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 80111

In ZIP Code 80111 (Englewood, CO), and estimated 38.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.2%.

The per capita income in 80111 is estimated at $65,377, which goes along with an estimated median household income of $167,541. About 2.5% of residents in this Arapahoe County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.15 occupants, while the units have an aggregate average size of 3.17 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 27.61% of their income on housing rental costs.

Rental FAQs for ZIP Code 80111

1

What is the median monthly rent in ZIP Code 80111?

Median rent for housing in ZIP Code 80111 in Arapahoe County in Colorado is approximately $1,687 per month.
2

Is it expensive to rent in ZIP Code 80111?

Rent in ZIP Code 80111 is higher than average in the state of Colorado overall. The median monthly rent of $1,687 in ZIP Code 80111 is approximately 33% higher than the Colorado median of $1,271. Additionally, median rent in this Englewood, CO region ($1,687) is about 59% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 80111?

High-priced rentals are more common in ZIP Code 80111 than in Colorado overall. The percentage of rentals in ZIP Code 80111 that cost $3,000 or more per month (3.9%) is about 160% higher than the Colorado rate of 1.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 63% lower than the aforementioned 80111 rate of 3.9%.
4

Are affordable rentals common in ZIP Code 80111?

Affordable rentals are less common in ZIP Code 80111 than in Colorado overall. The percentage of housing rentals in ZIP Code 80111 costing $999 or less per month (4.7%) is approximately 84% lower than the Colorado rate of 30.1% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 90% higher than the previously mentioned 80111 rate of 4.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 80111?

The most common range for rental cost in ZIP Code 80111 is between $1,500 and $1,999 per month. About 41.7% of renters in 80111 pay in this range for monthly rent. In comparison, approximately 22.5% of renters in the state of Colorado fall in the between $1,500 and $1,999 range, and 14.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 80111 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 80111 is lower than the rental vacancy rate in the state of Colorado overall. Rental vacancy of 2.2% in ZIP Code 80111 is about 54% lower than the Colorado rate of 4.8%. Looking more broadly, rental vacancy in this Englewood, CO region (2.2%) is an estimated 63% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 80111? How does it compare to other Colorado regions?

Median household income in ZIP Code 80111 is higher than in the state of Colorado overall. Annual household income of $110,499 in ZIP Code 80111 is about 53% higher than the Colorado median of $72,331. Additionally, median household income in this Englewood, CO region ($110,499) is approximately 76% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 80111 spend on housing costs?

Renters in ZIP Code 80111 spend a lower amount of their income on rent costs than do renters in Colorado overall. Renters in ZIP Code 80111 spend an estimated 27.61% of their income on rent payments, which is about 9% lower than the overall Colorado estimated rate of 30.4%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 7% higher than the ZIP Code 80111 estimated rate of 27.61%.
9

Do renters in ZIP Code 80111 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 80111 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 80111 spending 30 percent or more of their income on rent costs (40.6%) is approximately 20% lower than the Colorado rate of 51% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 18% higher than the aforementioned 80111 rate of 40.6%.
10

What is the average household size of renter-occupied units in ZIP Code 80111?

The average household size of renter-occupied units in ZIP Code 80111 is lower than in the state of Colorado overall. Annual household size of 2.15 in ZIP Code 80111 is about 10% lower than the Colorado median of 2.39. Additionally, median household size in this Englewood, CO region (2.15) is approximately 14% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Colorado ZIP Codes