How much is a home worth in ZIP code 80204?

The typical home in 80204 is worth $534,545, based on the Zillow Home Value Index.

Are home values rising in 80204?

Home values in 80204 are down 5.8% over the past year, and up 0.2% a year over five years.

What is the typical rent in 80204?

A typical home in 80204 rents for about $1,999 a month, a gross rental yield of 4.5%.

What is the property tax rate in 80204?

The effective property tax rate in 80204 is 0.5% — roughly $2,430 a year on a typical home.

ZIP code 80204 has a population of 35,318 and a median household income of $84,829.

HousingHandbookReference data

…

U.S. ZIP Code · CO80204

Denver County · Denver-Aurora-Centennial, CO

Typical home value

$534,545^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -5.8%
5-year / yr: +0.2%
10-year / yr: +4.0%

Relative price

vs U.S.: +88.2%
vs metro: -4.5%
vs state: +6.5%

Price history

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

The typical home in 80204 is worth $534,545 — 4.5% below the Denver-Aurora-Centennial, CO median. Over the past year, values have fallen 5.8%. Homes here rent for a typical $1,999 a month — a 4.5% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $1,999^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $2,430^[3]

#Climate risk

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

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

#Who lives here

Population: 35,318^[3]
Median household income: $84,829^[3]

#Migration

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

Net migration: +2,016^[5]
Moved in: 47,737
Moved out: 45,721

Schools

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

Public schools: 13
Elementary: 5
Middle: 3
High: 5

Lake Middle School
Middle · Grades 6–8 · School District No. 1 in the county of Denver and State of C
603 students
West High School
High · Grades 9–12 · School District No. 1 in the county of Denver and State of C
563 students
Denver Center for International Studies
High · Grades 6–12 · School District No. 1 in the county of Denver and State of C
454 students
Cheltenham Elementary School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
386 students
Cowell Elementary School
Elementary · Grades PK–5 · School District No. 1 in the county of Denver and State of C
270 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.

Home value$Monthly rent$

Gross yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$23,993

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,703

Loan principal$427,636

Down payment$106,909

Total interest paid$545,426

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.67

Monthly cost to own$3,349

Monthly rent$1,999

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: 4th percentile^[1]
Rental yield: 64th percentile^[2]
Property tax: 31st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80204?: The typical home in 80204 is worth $534,545, based on the Zillow Home Value Index.
Are home values rising in 80204?: Home values in 80204 are down 5.8% over the past year, and up 0.2% a year over five years.
What is the typical rent in 80204?: A typical home in 80204 rents for about $1,999 a month, a gross rental yield of 4.5%.
What is the property tax rate in 80204?: The effective property tax rate in 80204 is 0.5% — roughly $2,430 a year on a typical home.
Who lives in 80204?: ZIP code 80204 has a population of 35,318 and a median household income of $84,829.

#Comparable ZIPs

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

80003 vs 80204 →
Arvada, CO
Typical home
$533,988
Gross yield
4.0%
80232 vs 80204 →
Lakewood, CO
Typical home
$536,049
Gross yield
3.6%
80475
CO
Typical home
$531,338
Gross yield
—
80227
Lakewood, CO
Typical home
$539,614
Gross yield
3.9%
80131
Louviers CDP, CO
Typical home
$539,804
Gross yield
—
80234
Westminster, CO
Typical home
$528,712
Gross yield
3.8%

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Pit ZIP 80204 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · CO80204

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