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Denver city, CO

ZIP 80224 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 80224

Median Home Value
$565,400
Median Rent
$1,433
Affordability Snapshot
$156,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,632/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

32.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 80224 in Denver city, CO, a household would need roughly $156,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,632. That is about 90% above the local median household income ($82,013), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.7%-12% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
93.8%+8% vs US avg
x
4+ Bedrooms
7.8%-48% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
27.3%-45% vs US avg
x
Mortgage-Free
29.2%-24% vs US avg
x
$565,400
Home Value
$1,433
Rent
1971
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached44.6%
  • 1-unit attached8.1%
  • 2-9 units11.2%
  • 10+ units36.1%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$565,400
Median rent$1,433
Owner-occupied57.7%
Vacant7.9%
Price-to-income6.9x
Est. income to buy$156,000