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Denver rents continue their steady rise, up 2 percent in past year

Posted: 10:51 AM, May 01, 2019
Updated: 2019-05-01 17:06:36Z
Report: Denver rents fall for third straight month; up nearly 2 percent year-over-year

DENVER — The cost of renting an apartment in metro Denver continues to rise, according to the latest data from rental listing website ApartmentList.

As of April, rents overall were up 0.2 percent from the previous month for a median price of $1,060 for a one-bedroom unit in Denver and $1,350 for a two-bedroom, according to ApartmentList. Compared to the same time last year, rents are up 2 percent.

Statewide, rents are up 2.1 percent in the past year and nationally, rents have risen by 1.3 percent year-over-year.

ApartmentList’s data show Denver proper continues to have the lowest median rent prices in the metro area while Lone Tree is the most expensive at $1,980 for a two-bedroom apartment.

Rents have increased the fastest in Thornton, which has seen a 5.8 percent jump in median rents over the past year, while Golden has actually seen a 0.3-percent decrease year-over-year.

Below is a list of median two-bedroom rents in cities across the metro area:

Lone Tree: $1,980
Littleton: $1,890
Thornton: $1,890
Brighton: $1,820
Parker: $1,780
Broomfield: $1,710
Castle Rock: $1,650
Westminster: $1,580
Aurora: $1,570
Golden: $1,530
Arvada: $1,520
Englewood: $1,510
Denver: $1,350

To read the full report, log on to apartmentlist.com.