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Average Rent in Parker 80138 & Rent Trends

Rent prices and market trends across 6 apartment communities in Parker 80138, Parker, CO. Updated daily.

Market Average

$1,993/mo

▲ +0.4% from last month

Lowest Available

$1,345/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

169

available now

Price Cuts This Week in Parker 80138

12 listed units across 3 buildings in Parker 80138 dropped their asking rent in the past 7 days, an average cut of $55/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Park Sixty Four Apartments Unit 03-105, The Spindle $1,522 $1,376 $146
Park Sixty Four Apartments Unit 02-303, The Mill $1,442 $1,345 $97
Park Sixty Four Apartments Unit 03-104, The Mill $1,407 $1,346 $61
Parker Flats at Old Town Apartments Unit 5-204, The Gallerie $1,465 $1,409 $56
Parker Flats at Old Town Apartments Unit 5-201, The Gallerie $1,444 $1,392 $52
Parker Flats at Old Town Apartments Unit 5-103, The Gallerie $1,562 $1,515 $47
Parker Flats at Old Town Apartments Unit 1-109 $1,548 $1,502 $46
Parker Flats at Old Town Apartments Unit 4-201, The Spire $1,650 $1,604 $46
See today's prices on all 169 listed units

Parker 80138 vs Parker, CO Average

Parker 80138 is more expensive than the Parker, CO average by $32/mo (2%). The citywide average is $1,961/mo across all neighborhoods.

Is Rent Going Up or Down in Parker 80138?

As of September 2026, the average rent in Parker 80138 is $1,993 per month across 6 apartment communities and 169 available units. Rents have increased $8 (0.4%) over the past month.

The most affordable option is Park Sixty Four Apartments starting at $1,345/mo. By unit type, a studio averages $1,666/mo, a 1-bedroom averages $1,884/mo, a 2-bedroom averages $2,398/mo, a 3-bedroom averages $3,287/mo.

Prices range from $1,345 to $3,757 per month. The most common price point is the $1,800 range, where 57 units are currently listed.

Parker 80138 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,764 - 6
August 2026 $1,884 +$120 6
September 2026 $1,752 -$132 6

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Parker 80138

Studio
$1,666
from $1,503 · 17 units
1 Bed
$1,884
from $1,345 · 121 units
2 Bed
$2,398
from $1,734 · 24 units
3 Bed
$3,287
from $2,270 · 7 units

Rent Prices by Apartment in Parker 80138

Property Starting at Average Units Rating
Park Sixty Four Apartments $1,345/mo $1,430/mo 6 4.2
Parker Flats at Old Town Apartments $1,392/mo $1,562/mo 10 4
Bell Parker Ranch $1,503/mo $1,830/mo 29 3.3
Stone Canyon Apartment Homes in Parker, CO $1,515/mo $1,683/mo 8 2.9
Parker Hilltop $1,560/mo $1,856/mo 3 3.8
Juniper on Main $1,597/mo $2,128/mo 113 5

Frequently Asked Questions About Rent in Parker 80138

What is the average rent in Parker 80138?

The average rent in Parker 80138 is $1,993 per month as of September 2026, based on 169 units across 6 apartment communities.

Is rent going up or down in Parker 80138?

Rent in Parker 80138 has increased $8 (0.4%) over the past month. The current average is $1,993/mo.

What is the cheapest apartment in Parker 80138?

The most affordable apartment in Parker 80138 is Park Sixty Four Apartments with units starting at $1,345/mo.

How much is a 1-bedroom apartment in Parker 80138?

A 1-bedroom apartment in Parker 80138 averages $1,884/mo, with prices starting at $1,345/mo across 121 available units.

How many apartments are available in Parker 80138?

There are 169 units available across 6 apartment communities in Parker 80138.

What salary do I need to live comfortably in Parker 80138?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$80,000/year

Based on the 30 percent rule, using our tracked average rent of $1,993/mo.

Comfortable income

$96,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,345/mo), you need to earn at least $54,000/year.

Median household income in Parker 80138 is $129,342 , about 35% above the comfortable-living threshold.

Cost of living in Parker 80138

Overall prices in Parker 80138 runs above the national average by about 6% (BEA Regional Price Parity index 105.8, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Parker 80138's regional price parities.

Category Monthly estimate
Rent (market average) $1,993
Utilities $628
Groceries $549
Transportation $1,497
Healthcare $730
Other goods and services $1,169
Estimated total $6,566/mo

Population

60,115

Median household income

$129,342

Census median rent

$1,973/mo

Census rent burden

32.3%

Median age

36.2

Mean commute

26 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Parker 80138 Apartments

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