Boulder, CO vs Denver-Aurora-Centennial, CO
A 2-bedroom in Denver-Aurora-Centennial costs $35 less per month than Boulder ($2,089 vs $2,124). Median income is $102,772 in Boulder and $102,339 in Denver-Aurora-Centennial. That's a difference of $420 per year in housing costs.
Side-by-Side Comparison
| Metric | Boulder | Denver-Aurora-Centennial |
|---|---|---|
| Studio FMR | $1,553 | $1,643 |
| 1BR FMR | $1,795 | $1,754 |
| 2BR FMR | $2,124 | $2,089 |
| 3BR FMR | $2,820 | $2,734 |
| 4BR FMR | $3,239 | $3,049 |
| Median Income | $102,772 | $102,339 |
| Rent Burden | 24.8% | 24.5% |
| Actual Median Rent | $1,893 | $1,805 |
| Median Home Value | $713,900 | $570,300 |
| Population | 328K | 3.0M |
| Renter % | 37.5% | 35.7% |
| Vacancy Rate | 5.3% | 5.3% |
| Poverty Rate | 11.4% | 8.2% |
| YoY Change | - | - |
| Min Wage | $14.81/hr | $14.81/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Denver-Aurora-Centennial, CO is more affordable with a 2BR FMR of $2,089/mo, which is $35 less than Boulder at $2,124/mo. However, when considering local incomes, Boulder has a rent burden of 24.8% vs 24.5% in Denver-Aurora-Centennial.
A 2-bedroom in Boulder, CO costs $2,124/mo at Fair Market Rent, while in Denver-Aurora-Centennial, CO it's $2,089/mo, a difference of $35/mo or $420/year.
To afford a 2BR without spending more than 30% of income on rent: Boulder requires $84,960/year ($41/hr). Denver-Aurora-Centennial requires $83,560/year ($40/hr).