SpendVerdict

City comparison · Rent & affordability

Austin vs Denver: rent and cost of living

Median rent in Austin ($2,000) is 5% higher than in Denver ($1,900). But raw rent isn't the whole picture — what you earn locally determines how much pressure that rent actually puts on your budget.

Austin

Budget$1,100
Median$2,000
Premium$3,400

Confidence: medium

Denver

Budget$1,100
Median$1,900
Premium$3,200

Confidence: medium

What renters actually spend (% of income)

Austin

P25 renter22%
Median30%
P75 renter40%

Denver

P25 renter22%
Median30%
P75 renter40%

These are what renters actually pay — not recommended targets.

Salary needed for median rent (30% rule)

Austin$80,000/yr
Denver$76,000/yr

Austin requires $4,000 more per year to comfortably cover median rent.

Affordability verdict

Austin and Denver are equally demanding on renters' budgets — the median renter in both cities spends 30% of gross income on rent. The choice between them comes down to which city better matches your career, lifestyle preferences, and tolerance for the local housing market.

Check your affordability in Austin →Or check Denver

Frequently asked questions

Is Austin cheaper than Denver to rent in?

They are roughly equal. Renters in both cities spend around 30% of gross income on housing.

What salary do you need to rent in Austin vs Denver?

To comfortably afford median rent at the 30% rule, you need $80,000/year in Austin and $76,000/year in Denver.

What is the average rent in Austin compared to Denver?

Median 1-bedroom rent is $2,000/month in Austin and $1,900/month in Denver. Budget options (bottom 10%) start at $1,100 and $1,100 respectively.

Explore Austin in detail

Cost of living guide: AustinCan I afford $1,500 rent in Austin?

Explore Denver in detail

Cost of living guide: DenverCan I afford $1,500 rent in Denver?

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