HousingHandbookReference data

U.S. ZIP Code · CO80016

Arapahoe County · Denver-Aurora-Centennial, CO

Typical home value

$747,493[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.8%
5-year / yr
+3.3%
10-year / yr
+4.5%

Relative price

vs U.S.
+163.1%
vs metro
+33.6%
vs state
+48.9%
ZIP 80016 location in CO
Location of ZIP 80016 in CO

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 80016 is worth $747,493 — 33.6% above the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 1.8%. Homes here rent for a typical $2,031 a month — a 3.3% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,031[2]
Gross yield
3.3%[2]
Cap rate
2.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$5,056[3]

#Climate risk

FEMA National Risk Index ratings for Arapahoe County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
68,268[3]
Median household income
$150,492[3]

#Migration

Household moves in and out of Arapahoe County over a year, from IRS tax-return data.

Net migration
-1,801[5]
Moved in
30,858
Moved out
32,659

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
13
Elementary
7
Middle
4
High
2
  • Cherokee Trail High School

    High · Grades 9–12 · Cherry Creek School District No. 5 in the county of Arapah

    3,059 students

  • Grandview High School

    High · Grades 9–12 · Cherry Creek School District No. 5 in the county of Arapah

    2,762 students

  • Fox Ridge Middle School

    Middle · Grades 6–8 · Cherry Creek School District No. 5 in the county of Arapah

    998 students

  • Infinity Middle School

    Middle · Grades 6–8 · Cherry Creek School District No. 5 in the county of Arapah

    937 students

  • Liberty Middle School

    Middle · Grades 6–8 · Cherry Creek School District No. 5 in the county of Arapah

    842 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield3.3%
Net yield (after ~40% expenses)2.0%
Annual rent$24,369

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,780
Loan principal$597,995
Down payment$149,499
Total interest paid$762,709

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.38
Monthly cost to own$4,826
Monthly rent$2,031

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
81st percentile[1]
Rental yield
14th percentile[2]
Property tax
92nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 80016?
The typical home in 80016 is worth $747,493, based on the Zillow Home Value Index.
Are home values rising in 80016?
Home values in 80016 are down 1.8% over the past year, and up 3.3% a year over five years.
What is the typical rent in 80016?
A typical home in 80016 rents for about $2,031 a month, a gross rental yield of 3.3%.
What is the property tax rate in 80016?
The effective property tax rate in 80016 is 0.7% — roughly $5,056 a year on a typical home.
Who lives in 80016?
ZIP code 80016 has a population of 68,268 and a median household income of $150,492.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Denver, CO

    Typical home
    $741,313
    Gross yield
    4.2%
  • Highlands Ranch CDP, CO

    Typical home
    $754,648
    Gross yield
    4.5%
  • Aspen Park CDP, CO

    Typical home
    $757,278
    Gross yield
  • Roxborough Park CDP, CO

    Typical home
    $732,994
    Gross yield
    3.8%
  • Black Forest CDP, CO

    Typical home
    $730,054
    Gross yield
  • Denver, CO

    Typical home
    $767,081
    Gross yield
    3.3%

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