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Rental Insights for ZIP Code 80233 (Denver, CO)

Housing Rentals in ZIP Code 80233 (Denver, CO)

80233 ZIP Code in Colorado

Everything to Know About Rentals in the U.S. ZIP Code 80233

ZIP Code 80233 is primarily associated with Denver, CO in Adams County. The median housing rent in this Colorado region is estimated at $1,525 per month. About 41.8% of housing units in this Adams County ZIP Code are renter-occupied, and the region has an approximate rental vacancy rate of 4.2%.

The median rent in ZIP Code 80233 of $1,525 per month is 20% higher than the aggregate Colorado median monthly rent of $1,271, and is 44% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 38.8% of renters in ZIP Code 80233 pay between $1,000 and $1,499 per month for housing. That is 10% higher than in Colorado overall, in which 35.3% of total state residents pay between $1,000 and $1,499 per month for housing. Just 0.8% of renters in this Denver, CO region pay between $2,500 and $2,999 for monthly rent.

ZIP Code 80233 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 80233

See the chart below for a comparison of monthly rental costs in ZIP Code 80233, Colorado, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 80233 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 80233

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

Cost ZIP 80233 Colorado U.S.
Less than $500 1.8% 6.3% 9.4%
$500 to $999 7.7% 23.8% 36.2%
$1,000 to $1,499 38.8% 35.3% 30.0%
$1,500 to $1,999 33.9% 22.5% 14.0%
$2,000 to $2,499 17.0% 8.1% 5.6%
$2,500 to $2,999 0.8% 2.5% 2.4%
$3,000 or more 0.0% 1.5% 2.4%

Rent Cost vs. Income in ZIP Code 80233

Renters in ZIP Code 80233 use an estimated 31.09% of their income to cover their monthly rent payments. That is about 2% higher 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 80233 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 80233 come in higher than in Colorado as a whole. The median annual household income in ZIP Code 80233 of $75,772 sits approximately 5% higher than the overall Colorado median income of $72,331 and approximately 21% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 80233

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 80233, 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 80233 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 80233

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

Rent Cost as % of Income ZIP 80233 Colorado U.S.
Less than 15.0 percent 8.9% 10.5% 13.1%
15.0 to 19.9 percent 8.2% 12.8% 12.9%
20.0 to 24.9 percent 15.9% 13.6% 12.9%
25.0 to 29.9 percent 15.0% 12.2% 11.6%
30.0 to 34.9 percent 10.0% 9.8% 9.1%
35.0 percent or more 41.9% 41.2% 40.5%

Household Income in ZIP Code 80233

See the table below for the regional comparison of annual household income in ZIP Code 80233.

Income ZIP 80233 Colorado U.S.
Less than $10,000 2.6% 4.8% 6.0%
$10,000 to $14,999 1.8% 3.2% 4.3%
$15,000 to $24,999 4.7% 7.0% 8.9%
$25,000 to $34,999 8.6% 7.6% 8.9%
$35,000 to $49,999 11.5% 11.6% 12.3%
$50,000 to $74,999 19.9% 17.4% 17.2%
$75,000 to $99,999 20.2% 13.8% 12.7%
$100,000 to $149,999 21.2% 17.6% 15.1%
$150,000 to $199,999 6.8% 8.2% 6.8%
$200,000 or more 2.6% 8.8% 7.7%

Household Income in ZIP Code 80233

See the chart below for a comparison of annual household income figures in ZIP Code 80233, Colorado, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 80233 alongside the same figures for the state of Colorado and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 80233

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 80233.

ZIP 80233 Colorado U.S.
Median Housing Rent $1,525 $1,271 $1,062
Renter-Occupied Housing Units 41.8% 34.8% 36.0%
Rental Vacancy Rate 4.2% 4.8% 6.0%
Average Size of Renter-Occupied Unit 2.77 2.39 2.49
Average # of Bedrooms Per Unit 2.89 2.89 2.75
Percent of Income Spent on Rent 31.09% 30.4% 29.83%
Per Capita Income $29,958 $38,226 $34,103
Median Household Income $85,230 $96,970 $88,607
Living Below the Poverty Line 5.5% 6.6% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 80233

In ZIP Code 80233 (Denver, CO), and estimated 41.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.2%.

The per capita income in 80233 is estimated at $29,958, which goes along with an estimated median household income of $85,230. About 5.5% of residents in this Adams County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.77 occupants, while the units have an aggregate average size of 2.89 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.09% of their income on housing rental costs.

Rental FAQs for ZIP Code 80233

1

What is the median monthly rent in ZIP Code 80233?

Median rent for housing in ZIP Code 80233 in Adams County in Colorado is approximately $1,525 per month.
2

Is it expensive to rent in ZIP Code 80233?

Rent in ZIP Code 80233 is higher than average in the state of Colorado overall. The median monthly rent of $1,525 in ZIP Code 80233 is approximately 20% higher than the Colorado median of $1,271. Additionally, median rent in this Denver, CO region ($1,525) is about 44% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 80233?

High-priced rentals are not common in the Denver, CO ZIP Code of 80233, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Colorado overall, approximately 1.5% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 80233?

Affordable rentals are less common in ZIP Code 80233 than in Colorado overall. The percentage of housing rentals in ZIP Code 80233 costing $999 or less per month (9.5%) is approximately 68% 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 79% higher than the previously mentioned 80233 rate of 9.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 80233?

The most common range for rental cost in ZIP Code 80233 is between $1,000 and $1,499 per month. About 38.8% of renters in 80233 pay in this range for monthly rent. In comparison, approximately 35.3% of renters in the state of Colorado fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 80233 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 80233 is lower than the rental vacancy rate in the state of Colorado overall. Rental vacancy of 4.2% in ZIP Code 80233 is about 13% lower than the Colorado rate of 4.8%. Looking more broadly, rental vacancy in this Denver, CO region (4.2%) is an estimated 30% 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 80233? How does it compare to other Colorado regions?

Median household income in ZIP Code 80233 is higher than in the state of Colorado overall. Annual household income of $75,772 in ZIP Code 80233 is about 5% higher than the Colorado median of $72,331. Additionally, median household income in this Denver, CO region ($75,772) is approximately 21% 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 80233 spend on housing costs?

Renters in ZIP Code 80233 spend a higher amount of their income on rent costs than do renters in Colorado overall. Renters in ZIP Code 80233 spend an estimated 31.09% of their income on rent payments, which is about 2% higher 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 4% lower than the ZIP Code 80233 estimated rate of 31.09%.
9

Do renters in ZIP Code 80233 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 80233 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 80233 spending 30 percent or more of their income on rent costs (51.9%) is approximately 2% higher 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 5% lower than the aforementioned 80233 rate of 51.9%.
10

What is the average household size of renter-occupied units in ZIP Code 80233?

The average household size of renter-occupied units in ZIP Code 80233 is higher than in the state of Colorado overall. Annual household size of 2.77 in ZIP Code 80233 is about 16% higher than the Colorado median of 2.39. Additionally, median household size in this Denver, CO region (2.77) is approximately 11% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Colorado ZIP Codes