Cheap Apartments for Rent in 81240

7 rentals

Apartments For Rent Near 81240

We found 30 more apartments matching your filters just outside 81240

Average Rent Trends in 81240

Rent in 81240 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Feb 2026.
MonthAverage rent
Mar 2025$2,300
May 2025$1,700
Jul 2025$2,600
Sep 2025$1,695
Oct 2025$1,695
Nov 2025$677
Dec 2025$700
Jan 2026$1,700
Feb 2026$3,800
Mar 2026$2,200
Apr 2026$1,400
May 2026$1,400
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,400$1,145$2,371$3,300$1,400
Apartments and Condos—$1,700——$625
Houses——$2,371$3,300$2,276

Frequently Asked Questions about Rentals in 81240

  • What is the average rent in 81240?
    The average rent in 81240 is $1,145. Rent prices range from $625 to as much as $2,371, depending on the type of rental.
  • How does the rent in 81240 compare to the national average?
    Average rent in 81240 is about 40% lower than the national average rent of $1,910. That means it is less expensive to rent in 81240 compared to the U.S. average.
  • What is the average rent in 81240, by number of bedrooms?
    The average rent in 81240 is $625 for a studio, $1,400 for a 1 bedroom, $1,145 for a 2 bedroom, $2,371 for a 3 bedroom, and $3,300 for a 4 bedroom.
  • How have rent prices in 81240 changed compared to last year?
    In the past year, the average rent price in 81240 has increased by $1,145. That means the average rent is 100% higher than last year.
  • How many available rental listings are in 81240?
    There are 6 available rental listings in 81240.
  • What are some cities near 81240?
    Some nearby cities include: Penrose, Florence, Brookside, Williamsburg, Coal Creek, Rockvale. These cities may have more rental options to explore.