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Denver rents hold steady in February, up 2.4 percent in the past 12 months

Posted at 11:20 AM, Mar 01, 2019
and last updated 2019-03-01 13:20:28-05

DENVER — The cost of renting an apartment in Denver has been essentially unchanged so far in 2019 but it’s still more expensive now than it was a year ago.

Median prices stayed at $1,060 for a one-bedroom apartment and $1,340 for a two-bedroom apartment in February, according to the latest data from rental listing website ApartmentList.

While those numbers are unchanged from January, they’re 2.4 percent higher than the same time last year.

Statewide, rents are up 2.3 percent and nationwide, rents are up 0.9 percent.

Wheat Ridge has the lowest rents in the metro area with a median cost of $1,250 for a two-bedroom unit while Lone Tree is the most expensive at $1,970.

The biggest rent increases in the past year have been in Brighton, which has seen the median cost rise 17.4 percent over the past 12 months.

Here’s how much a typical two-bedroom costs in some of the metro area’s biggest cities, according to ApartmentList:

  • Lone Tree: $1,970
  • Thornton: $1,890
  • Littleton: $1,880
  • Brighton: $1,820
  • Parker: $1,760
  • Broomfield: $1,710
  • Castle Rock: $1,660
  • Westminster: $1,590
  • Aurora: $1,570
  • Golden: $1,540
  • Arvada: $1,530
  • Englewood: $1,520
  • Denver: $1,340
  • Wheat Ridge: $1,250

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