The Mile High City ranks 14th among major U.S. metropolitan areas in terms of housing affordability.
Amid rising rents, Denver has seen an increase in the share of renters with high-paying jobs and a decrease in lower-income renters.
Winter tends to be one of the best times of year to buy a home as the real estate market cools down and prices drop somewhat.
The seasonal slowdown in the real estate market led to slightly lower home prices in metro Denver last month, for a median of $375,000.
Despite the decrease, rents in Denver are still up overall. Compared to the same time last year, rents have gone up 1.7 percent.
While Denver's housing market isn't quite as hot as it was, prices will likely continue to rise in 2018.
DENVER -- A pair of would-be home buyers are suing after their purchases of new townhomes at Sloans Lake fell apart at the last minute.
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The condo’s floor-to-ceiling windows offer unparalleled views of the Front Range and the Denver metro area.
Denver rents dropped nearly 1 percent in October to a median cost of $1,050 per month for a one-bedroom unit and $1,330 for a two-bedroom.