Best Places to Buy Rental Property in Colorado (2026)

Gross asking rental yields range from 5.3 percent in Windsor to 7.2 percent in Commerce City across the 20 Colorado markets shown, a spread of 1.9 points. Compare purchase prices alongside property expenses and rental demand rather than treating the highest ratio as a recommendation. Northglenn follows at 7.2 percent, on a $450,000 median price and $2,700 in asking rent. Volume and yield part ways: Colorado Springs closes about 716 homes a month, more than any other city here, and ranks sixteenth on yield at 5.6 percent. The table shows the 20 highest-yielding markets among 47 Colorado cities meeting the coverage requirements; the yield range above describes the markets shown. A second table lists one city with enough closings to price but too few rental listings to rank.

The ranking

Gross yield here is an asking rental yield screen: twelve times the median asking rent over the median closed price, before taxes, insurance, vacancy, management or repairs. Sales use municipal boundaries. Rental listings use the associated city name and may cover a wider postal area. The ratio therefore compares related, but not perfectly matched, market samples, and a home bought at the median price does not necessarily earn the median rent. Confirmed-close medians appear where at least 30 confirmed lease closes were recorded in the window.

City by city

1. Commerce City, 7.2 percent gross

Commerce City ranks first on yield but only seventh on entry price: the $2,930 median asking rent is doing the work, not a cheap purchase. The numbers: $485,000 median closed price across 661 closings, $2,930 median asking rent across 699 listings, 7.2 percent gross. Houses there closed at about $215 per square foot. The Commerce City market page carries the monthly figures.

2. Northglenn, 7.2 percent gross

Northglenn moves fast, 10 days from listing to contract at the median, which matters more than its 7.2 percent yield if you cannot close quickly. At $450,000 to buy and $2,700 a month to rent, Northglenn yields 7.2 percent gross on 255 tracked closings. See the Northglenn page for the property mix and the price band.

3. Pueblo, 6.8 percent gross

The numbers: $240,000 median closed price across 872 closings, $1,350 median asking rent across 1,370 listings, 6.8 percent gross. Houses there closed at about $147 per square foot. See the Pueblo page for the property mix and the price band.

4. Pueblo West, 6.6 percent gross

The numbers: $399,900 median closed price across 303 closings, $2,195 median asking rent across 125 listings, 6.6 percent gross. Houses there closed at about $160 per square foot. Full detail is on the Pueblo West market page.

5. Brighton, 6.5 percent gross

Brighton ranks fifth on yield but only ninth on entry price: the $2,728 median asking rent is doing the work, not a cheap purchase. The numbers: $500,000 median closed price across 365 closings, $2,728 median asking rent across 689 listings, 6.5 percent gross. Houses there closed at about $222 per square foot. The Brighton market page carries the monthly figures.

6. Aurora, 6.5 percent gross

The numbers: $450,000 median closed price across 3,112 closings, $2,450 median asking rent across 5,444 listings, 6.5 percent gross. Full detail is on the Aurora market page.

7. Frederick, 6.4 percent gross

Rent is what puts Frederick seventh here; on price alone it would sit twelfth of 20. At $530,000 to buy and $2,842 a month to rent, Frederick yields 6.4 percent gross on 190 tracked closings. Houses there closed at about $228 per square foot. See the Frederick page for the property mix and the price band.

8. Fountain, 6.4 percent gross

A low entry price does not carry Fountain far: it is third cheapest on this list and eighth on yield, with rent of $2,195 against a $413,000 median price. The numbers: $413,000 median closed price across 295 closings, $2,195 median asking rent across 686 listings, 6.4 percent gross. Houses there closed at about $192 per square foot. Full detail is on the Fountain market page.

9. Johnstown, 6.2 percent gross

Homes in Johnstown closed at a median of $489,925 over the last six months and the median asking rent in the last twelve months was $2,535, a gross yield of 6.2 percent. Houses there closed at about $210 per square foot. Full detail is on the Johnstown market page.

10. Thornton, 6.2 percent gross

The numbers: $515,000 median closed price across 1,078 closings, $2,650 median asking rent across 789 listings, 6.2 percent gross. Houses there closed at about $232 per square foot. See the Thornton page for the property mix and the price band.

11. Berthoud, 5.9 percent gross

Homes in Berthoud closed at a median of $569,812 over the last six months and the median asking rent in the last twelve months was $2,795, a gross yield of 5.9 percent. Full detail is on the Berthoud market page.

12. Peyton, 5.8 percent gross

The numbers: $535,000 median closed price across 424 closings, $2,595 median asking rent across 301 listings, 5.8 percent gross. See the Peyton page for the property mix and the price band.

13. Castle Rock, 5.7 percent gross

Castle Rock ranks thirteenth on yield but only nineteenth on entry price: the $3,100 median asking rent is doing the work, not a cheap purchase. Homes in Castle Rock closed at a median of $647,750 over the last six months and the median asking rent in the last twelve months was $3,100, a gross yield of 5.7 percent. See the Castle Rock page for the property mix and the price band.

14. Firestone, 5.7 percent gross

Firestone clears the rental bar narrowly, with 50 listings behind its $2,750 median, so its 5.7 percent yield deserves a wider margin of error than the bigger samples here. The numbers: $579,000 median closed price across 161 closings, $2,750 median asking rent across 50 listings, 5.7 percent gross. The Firestone market page carries the monthly figures.

15. Parker, 5.6 percent gross

Homes in Parker closed at a median of $640,000 over the last six months and the median asking rent in the last twelve months was $2,995, a gross yield of 5.6 percent. Houses there closed at about $212 per square foot. See the Parker page for the property mix and the price band.

16. Colorado Springs, 5.6 percent gross

Colorado Springs is cheaper than its yield rank suggests: fourth on price, sixteenth on yield, because a $450,000 home there rents for only $2,100. At $450,000 to buy and $2,100 a month to rent, Colorado Springs yields 5.6 percent gross on 4,293 tracked closings. The Colorado Springs market page carries the monthly figures.

17. Westminster, 5.5 percent gross

Westminster is cheaper than its yield rank suggests: eleventh on price, seventeenth on yield, because a $525,000 home there rents for only $2,400. The numbers: $525,000 median closed price across 696 closings, $2,400 median asking rent across 851 listings, 5.5 percent gross. Full detail is on the Westminster market page.

18. Monument, 5.5 percent gross

Homes in Monument closed at a median of $635,000 over the last six months and the median asking rent in the last twelve months was $2,895, a gross yield of 5.5 percent. Houses there closed at about $221 per square foot. Full detail is on the Monument market page.

19. Highlands Ranch, 5.4 percent gross

Highlands Ranch moves fast, 10 days from listing to contract at the median, which matters more than its 5.4 percent yield if you cannot close quickly. At $710,000 to buy and $3,200 a month to rent, Highlands Ranch yields 5.4 percent gross on 822 tracked closings. The Highlands Ranch market page carries the monthly figures.

20. Windsor, 5.3 percent gross

A low entry price does not carry Windsor far: it is sixteenth cheapest on this list and twentieth on yield, with rent of $2,649 against a $594,950 median price. The numbers: $594,950 median closed price across 583 closings, $2,649 median asking rent across 429 listings, 5.3 percent gross. Houses there closed at about $218 per square foot. Full detail is on the Windsor market page.

Priced, but too few rentals to rank

These cities cleared 100 tracked closings but fewer than 50 rental listings carried their name in the last twelve months, so no yield is printed for them.

How this ranking is built

• •Cities: every Colorado city where Resideline tracked at least 100 closings inside the municipal boundary in its reporting window (six or twelve months) and at least 50 rental listings under the city's name since September 10, 2025: 47 cities qualify and the table shows the 20 highest-yielding.
• •Prices: the median price homes closed at inside the city limits, from Resideline's tracked closings; the state comparison uses the statewide median of $545,000 across 54,293 closings.
• •Rents: the median advertised rent on rental listings Resideline tracked in the last twelve months, all property types, measured on the listings that carry the city's name (a postal footprint, wider than the city line in some places).
• •Confirmed-close medians: Observed rent blends two kinds of record: confirmed lease closes extracted from property records, and the final asking rent on listings that left Resideline tracking without a recorded close. Where a city has at least 30 confirmed closes in the window, their median is printed beside the asking figure; in the last twelve months about a quarter of Resideline's close episodes are confirmed closes. The asking and confirmed-close samples are separate, not paired, so a difference between their medians is not a measured gap on the same listings.
• •What is missing: taxes, insurance, vacancy, management and repairs, which turn a gross yield into a net one, and the unit mix, which differs between what sells and what rents.

Sources and related pages

• •Resideline tracked closings inside city limits (window per city, updated September 10, 2026) and rental listings since September 10, 2025; confirmed lease closes extracted from property records.
• •More Colorado rankings: Cheapest cities to buy a house in Colorado ranks the same kind of list with each city's price per square foot for houses, realized appreciation and days to contract beside the median, and Cap Rate by City ranks the Colorado cities Resideline tracks by gross rental yield. The Colorado housing market hub carries the statewide figures and the largest Colorado markets by closings.
• •Asking rent vs observed rent compares live asking rents with final asking rents under that study's own definition; it says nothing about confirmed lease closes.

Prepared with Resideline's research pipeline and reviewed by Jeffrey Batista, Resideline's founder.