The cost of renting in Denver remained at $1,030 for a one-bedroom apartment and $1,310 for a two-bedroom in January.
Amid rising rents, Denver has seen an increase in the share of renters with high-paying jobs and a decrease in lower-income renters.
Despite the decrease, rents in Denver are still up overall. Compared to the same time last year, rents have gone up 1.7 percent.
The median rent for a 1-bedroom unit rose to $1,060 last month while a 2-bedroom rose to $1,350.
There are some good news for those seeking to rent an apartment in Denver.