The Lennox
8305 S Harvest Ln,
Highlands Ranch, CO 80126
1-2 Beds | $1,575 - $2,195
Rental Market Trends in Highlands Ranch, CO
What is the average rent in Highlands Ranch, CO?
$1,889/month
Average Rent
820 Sq Ft
Average Apartment Size
-2.4%
Decrease in the Last Year
As of December 2024, the average rent in Highlands Ranch, CO is $1,889 per month. This is 21% higher than the national average rent price of $1,560/month, making Highlands Ranch one of the most expensive cities in the US. When you rent an apartment in Highlands Ranch, you can expect to pay about $1,908 per month for a studio, $1,889 for a one-bedroom apartment, and around $2,251 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,915 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Highlands Ranch, CO?
In the past year, rent has decreased by 2.4%, which averages out to $45 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Highlands Ranch, CO
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
70%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Highlands Ranch?
Based on current rent prices, Highlands Ranch-Lone Tree is the most affordable neighborhood in Highlands Ranch.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Highlands Ranch?
Based on current rent prices, Highlands Ranch-Lone Tree is the most expensive neighborhood in Highlands Ranch.
Neighborhood
Average Rent
Average Sq Ft
Which Highlands Ranch neighborhoods have the most rentals available?
The neighborhood in Highlands Ranch with the most apartments available is Highlands Ranch-Lone Tree .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Highlands Ranch, CO?
Because the average rent in Highlands Ranch is $1,889, you’ll want to make about $6,296 per month or $75,552 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Highlands Ranch, CO compare to other nearby cities and neighborhoods?
Use the tool below to compare Highlands Ranch, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,601/month
$1,601/month
One Bedroom
$1,809/month
$1,809/month
Two Bedroom
$2,274/month
$2,274/month
Three Bedroom
$2,885/month
$2,885/month
Nearby City Rent Trends
Apartment communities in Highlands Ranch we think you'll love
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.