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City · 15,420 residents · Arapahoe County, Colorado

Greenwood Village , Colorado

In Greenwood Village, a typical home is worth $1,237,800 and typical rent is $2,123 a month. Compared with all of Arapahoe County, the typical home value is 121% higher and typical household income is 47% higher.

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  • Typical home value

    $1,237,800

    121% above the county

    129% above Colorado

    • Greenwood Village
    • Arapahoe
    • Colorado

  • Typical rent

    $2,123a month

    12% above the county

    21% above Colorado

    • Greenwood Village
    • Arapahoe
    • Colorado

  • Typical household income

    $149,029a year

    47% above the county

    56% above Colorado

    • Greenwood Village
    • Arapahoe
    • Colorado

  • Households that own their home

    64%

    1 points below the county

    2 points below Colorado

    • Greenwood Village
    • Arapahoe
    • Colorado

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$1,381,820
2.7% more than 12 months ago
Typical rent
$2,224 a month
2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Greenwood Village is in Arapahoe County. The FHA loan limit ($862,500 for a one-unit home), the fair market rents and the help on this page are those of all of Arapahoe County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Greenwood Village apart

What this place has that others do not, from public data, most unusual first.

  1. Greenwood Village has the 2nd highest typical home value of the 110 cities in Colorado with more than 5,000 people ($1,237,800).

  2. Nearby, in Four Square Mile, the typical home value is $474,200: 62% less than in Greenwood Village ($1,237,800).

  3. The typical household income in Greenwood Village is $149,029, 47% more than in Arapahoe County as a whole ($101,087).

  4. Nearby, in Englewood, the typical rent is $1,668: 21% less than in Greenwood Village ($2,123).

  5. According to Zillow, in the 12 months to September 2026 the typical home value in Greenwood Village rose 2.7%; in Colorado, it fell 1.3%.

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Greenwood Village

What homes there are in Greenwood Village, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Greenwood Village, 5 in 10 homes are single-family detached houses; in Arapahoe County, 6.

Year built

The typical home in Greenwood Village was built in 1994, 8 years after the typical one in Arapahoe County.

By size, homes in Greenwood Village look like those in Arapahoe County: 62% have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

Without a mortgage

$1,410 a month

Arapahoe County: $742 a month

Owners with a mortgage

62%

Arapahoe County: 74%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Greenwood Village gained value more slowly than in Arapahoe County: 33% since 2015–2019, against 57%.

Rents in Greenwood Village rose more slowly than in Arapahoe County: 22% since 2015–2019, against 36%.

The typical household income in Greenwood Village rose 16%: less than home values (+33%) and rent (+22%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGreenwood VillageArapahoe CountyColoradoUnited States
Rental vacancy Unreliable estimate5.5%5.1%5.5%
Homeowner vacancy Unreliable estimate0.6%0.8%0.9%
More than one person per room Unreliable estimate3.4%2.4%3.4%
People per household 2.312.552.422.53
Drive alone 60%66%65%69%
Carpool 4%8%8%9%
Public transit Unreliable estimate3%2%3%
Walk or bike 2%2%3%3%
Work from home 32%21%21%15%
Other means Unreliable estimate2%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.31 on average, against 2.55 in Arapahoe County.

Working from home is more common in Greenwood Village: 32%, against 21% in Arapahoe County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Greenwood Village?

A typical home costs more than the typical income allows

We start with a typical home in Greenwood Village, worth $1,237,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 81% of the typical household income in Greenwood Village, which is $149,029 a year. For that payment to be 28% of income, a household would need to earn about $429,947 a year. Note: at that price the loan is above the FHA limit for Arapahoe County ($862,500), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Arapahoe County.

Your numbers

Local data
$

Starts at the typical home value in Greenwood Village. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $43,323 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$10,032

at 7.18% · 30 years

Loan amount
$1,215,380
Total interest
$1,748,647
Paid off in
November 2056

Includes $20,903 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,477 a month

  • Tight

    $3,477 to $4,471 a month

  • Hard

    more than $4,471 a month

    Your payment · 81%

Compared with the typical household income in Greenwood Village ($149,029 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$10,032
Principal & interest$8,233
Property tax$536
Home insurance$516
FHA mortgage insurance (MIP)$747

This loan is over the FHA limit

You'd borrow $1,194,477, but the FHA limit for a one-unit home in Greenwood Village is $862,500. You'd need a bigger down payment or a different loan.

You need at least $43,323 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Greenwood Village and Arapahoe County

Greenwood Village is in Arapahoe County, Colorado. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Greenwood Village's own numbers

Typical home value
$1,237,800
Typical monthly rent
$2,123
Typical yearly household income
$149,029
Households that own their home
64%
Effective property tax rate
0.52%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Arapahoe County

FHA limit, one-unit home
$862,500
Conventional limit, one unit
$862,500
HUD fair market rent, 2 bedrooms
$2,169
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
0.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Arapahoe County.

Everything about Arapahoe County

Buying

Buying a home in Greenwood Village

A typical home in Greenwood Village is worth $1,237,800: 121% above the county and 129% above Colorado. With the typical household income in Greenwood Village ($149,029 a year), a typical home costs 8.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Greenwood Village 8.3 years
  • Arapahoe 5.6 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Arapahoe County

According to FHFA’s house price index, home prices in Arapahoe County rose 94% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Arapahoe County.

Period County Colorado U.S.
Last year (2025) −0.1% +0.1% +2.9%
5 years (2020–2025) +36% +38% +47%
10 years (2015–2025) +94% +93% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Greenwood Village next to Arapahoe County, Colorado and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Greenwood Village $1,237,800
  • Arapahoe $561,200
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Greenwood Village $2,123
  • Arapahoe $1,891
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Greenwood Village $149,029
  • Arapahoe $101,087
  • Colorado $95,470
  • United States $80,734
See the full table
Greenwood Village next to Arapahoe County and Colorado
Measure Greenwood Village Arapahoe County Colorado U.S.
Typical home value $1,237,800 $561,200 $539,400 $332,700
Typical monthly rent $2,123 $1,891 $1,761 $1,413
Typical yearly household income $149,029 $101,087 $95,470 $80,734
Households that own their home 64% 65% 66% 65%
Typical yearly property tax $6,492 $2,938 $2,602 $3,119
Effective property tax rate 0.52% 0.52% 0.48% 0.94%
Renters with high rent for their income 48% 56% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Arapahoe County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Greenwood Village

For a typical $1,237,800 home in Greenwood Village, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Greenwood Village's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $10,032a month

    Above the FHA limit for Arapahoe County ($862,500)
    Down payment
    $43,323
    Cash to close
    $80,457
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $747

  • Conventional, 5% down $9,606a month

    Above the conventional limit for Arapahoe County ($862,500): it would be a "jumbo" loan
    Down payment
    $61,890
    Cash to close
    $99,024
    Rate
    7.18%
    Mortgage insurance
    PMI · $588

  • Conventional, 20% down, no PMI $7,760a month

    Above the conventional limit for Arapahoe County ($862,500): it would be a "jumbo" loan
    Down payment
    $247,560
    Cash to close
    $284,694
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $8,905a month

    Down payment
    $185,670
    Cash to close
    $222,804
    Rate
    8.18%
    Mortgage insurance
    None
  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Greenwood Village and for Arapahoe County.

Property tax

Effective rate in Greenwood Village

0.52%of the home’s value each year

$6,492 a year for the typical owner in Greenwood Village.

  • Greenwood Village 0.52%
  • Arapahoe 0.52%
  • Colorado 0.48%

What Colorado publishes Senior homestead exemption (owners 65 and older) (Colorado General Assembly (Colorado Revised Statutes 2024, Title 39))

Exemptions and deadlines in Colorado

Flood risk in Arapahoe County

FEMA does not publish these numbers by city: they are for all of Arapahoe County.

Homes in the high-risk zone
0.2%
397
Of those, with NFIP insurance
48%
County Colorado U.S.
Homes in the high-risk zone 0.2% 1.1% 3.5%
Of those, with NFIP insurance 48% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Greenwood Village

Typical rent in Greenwood Village is $2,123 a month: 12% above the county. In Greenwood Village, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Arapahoe County, by unit size. To pay the 2-bedroom one ($2,169 a month) without spending more than 30% of your income, you would need to earn $41.71 an hour working full time.

HUD fair market rent for all of Arapahoe County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,751 $33.67 $70,040
1 bedroom $1,831 $35.21 $73,240
2 bedrooms $2,169 $41.71 $86,760
3 bedrooms $2,846 $54.73 $113,840
4 bedrooms $3,183 $61.21 $127,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Greenwood Village

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Greenwood Village has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,990 in 80121 to $2,590 in 80111.

1 of the 2 is above the fair market rent for Arapahoe County ($2,169).

  • 80111 $2,590$3,400
  • 80121 $1,990$2,610

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Greenwood Village when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Greenwood Village

HUD lists 2 buildings with rents for lower incomes in Greenwood Village. These are the largest.

  • Prentice Place Lofts 8300 E Prentice Ave, Greenwood Village 80111 104 low-income homes · 1 bd: 64 · 2 bd: 32 · 3 bd: 8 · In service since 2006
  • Caley Ridge 9530 E Caley Cir, Greenwood Village 80111 100 homes, 25 low-income · Studio: 80 · 1 bd: 20 · In service since 1999

See all 65 buildings in Arapahoe County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Greenwood Village

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Arapahoe County; 1 says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Greenwood Village

No down payment, repair or rent-help program on our list is for Greenwood Village or Arapahoe County. The ones below are statewide in Colorado: they work in Greenwood Village the same as in the rest of the state.

Which programs do I qualify for? All programs in Colorado

  • CHFA Down Payment Assistance

    Statewide in Colorado

    Colorado state agency help with the down payment or closing costs: a grant of up to 3% of the mortgage or a deferred second mortgage of up to 4%, both capped at $25,000. Offered by Colorado Housing and Finance Authority (CHFA).

    GrantDeferred

    See the program Official page

  • CHFA FirstGeneration

    Statewide in Colorado

    Open, per the source

    $25,000 from the Colorado state agency for the down payment of first-generation buyers (neither you nor your parents have owned a home); repaid when you sell, refinance or pay off the mortgage. Offered by Colorado Housing and Finance Authority (CHFA).

    Deferred

    See the program Official page

Housing counselors near Greenwood Village

The HUD-approved agencies closest to the center of Greenwood Village, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Douglas County Housing Partnership

    9350 Heritage Hills Circle, Lone Tree · 6 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 2 more
    (303) 784-7859

  • NSC (naca Counseling Subsidiary) - Denver, CO

    14707 East 2nd Avenue Suite 110, Aurora · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (303) 694-5437

  • Colorado Housing Assistance Corporation

    670 Santa Fe Dr, Denver · 9 miles away

    • Mortgage delinquency and default
    • Pre-purchase counseling
    • and 1 more
    (303) 572-9445

Every agency in Arapahoe County All counseling agencies in Colorado

Help in Spanish near Greenwood Village

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Greenwood Village

In HUD’s record, no housing authority with an office in Arapahoe County is named for Greenwood Village or Arapahoe County.

4 other authorities have an office in Arapahoe County: see the list Source: HUD

Cities

Other cities in Arapahoe County

These cities are also in Arapahoe County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Arapahoe County Housing in Colorado

Nearby cities

The cities closest to Greenwood Village, with the typical home value.

Neighboring counties

If Arapahoe County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Greenwood Village.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Greenwood Village

Short answers with the numbers for Greenwood Village and all of Arapahoe County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Greenwood Village?

The typical home value in Greenwood Village is $1,237,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Arapahoe County it is $561,200.

How much does it cost to rent in Greenwood Village?

Typical rent in Greenwood Village is $2,123 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Arapahoe County is $2,169.

What is the FHA loan limit in Greenwood Village?

Greenwood Village uses the FHA limit for all of Arapahoe County (2026): $862,500 for a one-unit home and $1,658,700 for a four-unit home.

How much property tax do owners pay in Greenwood Village?

The typical homeowner in Greenwood Village pays $6,492 a year, according to the U.S. Census Bureau. That is 0.52% of the home’s value; in Arapahoe County, the rate is 0.52%.

Where can I find free help to buy or rent in Greenwood Village?

There is 1 HUD-approved counseling agency with an office in Arapahoe County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).