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Rent Inflation in Greeley, CO

The average asking rent in Greeley, CO is $1,692/month as of 2026-08. That is +0.1% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,692/mo

as of 2026-08

Year-over-Year Change

+0.1%

24-Month Rent Trend

Monthly ZORI index values for Greeley, CO.

MonthAvg Asking RentChange from Prior Month
2026-08$1,692-0.06%
2026-07$1,693+0.18%
2026-06$1,690+0.54%
2026-05$1,681+1.08%
2026-04$1,663+0.48%
2026-03$1,655-0.72%
2026-02$1,667+0.24%
2026-01$1,663-0.06%
2025-12$1,664+0.73%
2025-11$1,652-1.08%
2025-10$1,670-0.42%
2025-09$1,677-0.77%
2025-08$1,690+0.06%
2025-07$1,689+0.06%
2025-06$1,688+0.18%
2025-05$1,685-0.06%
2025-04$1,686+0.06%
2025-03$1,685+0.54%
2025-02$1,676+0.78%
2025-01$1,663+0.24%
2024-12$1,659-0.24%
2024-11$1,663-0.30%
2024-10$1,668-0.18%
2024-09$1,671—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices