Market-Rate Housing

Westminster's Housing Market

Westminster’s residential communities include a variety of housing and neighborhoods, from apartments and starter homes to luxury executive homes. New urbanism and mixed-use neighborhoods have been developed, and many Westminster neighborhoods are nestled in and around parks, golf courses, and open space.

Below are the current housing statistics for both owned properties (Source: Denver Metro Association of Realtors, June 2021 Market Trend Report) and rental housing (Source: CoStar 2021)

Housing Statistics

For Sale HousingWestminsterDenverBoulder County
Median Sale Price$540,000$640,000$768,000
Total Sales139931153
Median Days on Market5715
Multifamily Rental Housing TypeAverage Asking RentPercent of Total Units
One Bedroom$1,42548%
Two Bedroom$1,70943%
Three Bedroom$2,0916%
Multifamily Rental Market Overview
Average Asking Rent: $1,598
Average Asking Rent per Square Foot: $1.89
Vacancy Rate (June 2021): 7.5%