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Denver city, CO

ZIP 80223 — 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 80223

Median Home Value
$497,900
Median Rent
$1,588
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,198/mo PITI).

24%
Rent-to-Income Ratio

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

6.2x
Home Price-to-Income Ratio

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

26.1 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 80223 in Denver city, CO, a household would need roughly $137,000 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 $3,198. That is about 70% above the local median household income ($80,461), 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
47.4%-28% vs US avg
x
Vacancy Rate
8.8%-14% vs US avg
x
Broadband Access
92.0%+6% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
4.9%-29% vs US avg
x
Rent Burden >30%
18.4%-63% vs US avg
x
Mortgage-Free
22.7%-41% vs US avg
x
$497,900
Home Value
$1,588
Rent
1958
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached51.1%
  • 1-unit attached7.9%
  • 2-9 units13.5%
  • 10+ units26.2%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$497,900
Median rent$1,588
Owner-occupied47.4%
Vacant8.8%
Price-to-income6.2x
Est. income to buy$137,000