Cherry Creek, CO housing market
Typical home value
$848K
▼ 0.3% 1 yr
Typical rent
$1,957/mo
▼ 6.5% 1 yr
Gross rent yield
2.8%
U.S. 6.3%
5-year home value change
+12%
U.S. +20%
Key takeaways
- 1The typical home in Cherry Creek is worth $847,575, down 0.3% over the past year and up 12% over five years.
- 2Typical rent is $1,957 a month (−6.5% YoY), a gross rent yield of 2.8% (below the Denver, CO metro's 4.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $4,658/mo, $2,701 more than typical rent.
- 4Zillow forecasts the Denver, CO metro's home values to change −0.2% over the next 12 months.
Market temperature (Denver, CO metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 23/100, #511 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Cherry Creek compares
| Measure | Cherry Creek | Denver, CO metro | United States |
|---|---|---|---|
| Typical home value | $847,575 | $555,487 | $366,157 |
| Home value, 1-yr change | −0.3% | −1.8% | +1.2% |
| Typical rent | $1,957 | $1,900 | $1,932 |
| Rent, 1-yr change | −6.5% | +0.1% | +2.7% |
| Gross rent yield | 2.8% | 4.1% | 6.3% |
| Price-to-rent ratio | 36.1 | 24.4 | 15.8 |
| Mortgage P&I, typical home | $4,658 | $3,053 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Cherry Creek rental, pre-filled.
Rent vs buy in Cherry Creek
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $848K home.
Other cities in the Denver, CO metro
Denver, CO
$521K home$1,855 rent
▼ 1.9% 1 yr
Aurora, CO
$448K home$1,742 rent
▼ 2.6% 1 yr
Lakewood, CO
$550K home$1,800 rent
▼ 2.1% 1 yr
Thornton, CO
$489K home$1,894 rent
▼ 2.1% 1 yr
Arvada, CO
$593K home$2,088 rent
▼ 2.0% 1 yr
Westminster, CO
$511K home$1,872 rent
▼ 1.8% 1 yr
Centennial, CO
$627K home$2,203 rent
▼ 1.0% 1 yr
Parker, CO
$673K home$2,211 rent
▼ 1.3% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.