Real Estate Investing in Denver, Colorado (80202)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 80202 (Denver, CO)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 16.5% of homes vacant — above national norms.
- Declining values: -1.7% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 3.4% in the last year.
What’s happening in Denver, CO (80202)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 80202 Denver
ZIP 80202 in Denver, CO carries a significant set of headwinds. Home values near $550K and rents of $2,068/mo sit inside a market where underwriting has to be tight.
The 80202 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 80202 sits on the difficult end of the CO spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
A impressive renter share of 77% in 80202 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 80202 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Denver:
Property Strategy for 80202
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $443,631 | $2,540 | 4.1% | -0.2% | $443,631 |
| 2BR | $725,719 | $3,030 | 3.0% | +0.2% | $362,859 |
| 3BR | $1,183,585 | $3,970 | 2.4% | +0.7% | $394,528 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 80202 Compare?
| Metric | 80202 | Denver | Denver-Aurora-Lakewood, CO | Colorado |
|---|---|---|---|---|
| Home Value | $550,210 | $476,211 | N/A | $535,778 |
| 5-Year CAGR | N/A | 0.5% | N/A | 4.9% |
| Avg Rent | $2,068 | $1,946 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 80202 (Denver, CO). Anonymous, moderated, never written by AI.
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Property managers serving Denver County
Manage rentals here? List your business →Avail Property Management is a property management company focused on providing a better way of living for residents and maximizing investment for owners. summary from their website
This domain is for sale for $5,795 or monthly payments. summary from their website
Beacon Property Management LLC offers property management services in Denver. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $550,210 |
| Monthly Rent | $2,068 |
| Price-to-Rent | 22.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 1.2% |
📈 Home Appreciation
| 1-Year | -3.4% ▼ |
| 3-Year CAGR | -3.6% ▼ |
| 5-Year CAGR | -1.7% ▼ |
| 10-Year CAGR | +0.9% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +0.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 80202
Population: 18,233
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 80202
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Career Education Center Early College
Cheltenham Elementary School
Center for Talent Development at Greenlee
DSST: Cole High School
McAuliffe Manual Middle School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 14,855 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Denver, CO?
Denver, CO home values average about $550K. That price point suits investors targeting rentals with $2,068/mo in monthly income.
Is real estate in Denver, CO a good investment right now?
Yes - Denver, CO a 2.0/5 investability score. With $550K home prices against $2,068/mo monthly rent, the market delivers a reasonable entry point for new investors.
How strong is the working-renter base in Denver, CO?
Working renters make up the core of the Denver, CO tenant base. The pool is reasonable for investors targeting long-term holds.
Is Denver, CO suited for a house hack?
Denver, CO offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,068/mo rent level.
What is it like being a landlord in Denver, CO?
Denver, CO operates under CO law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
You know 80202 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 80202 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 80202 ranks in Denver-Aurora-Lakewood, CO
Every ZIP in this metro, ranked. Free.
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