Editor's Note: 'Our Colorado' stories help natives and newcomers navigate the challenges related to our rapidly growing state, including real estate and development, homelessness, transportation and more. To comment on this or other 360 stories, email us at OurCO@TheDenverChannel.com. See more 'Our Colorado' stories here.
DENVER – The cost of renting an apartment in Denver continues to hold steady, according to the latest numbers from rental listing website ApartmentList.
The site’s monthly analysis found that rents in Denver were down just slightly – 0.1 percent – in September and have remained relatively flat year-over-year with an increase of 0.4 percent in the past 12 months.
The median cost of a one-bedroom apartment in Denver was $1,070 last month while a two-bedroom unit rented for a median of $1,350.
Denver proper continues to have some of the lowest rents in the metro area while Parker and Lone Tree top the list at nearly $2,000 for a two-bedroom apartment:
Castle Rock: $1,730
Lone Tree: $1,980
Wheat Ridge: $1,290
Nationally, the median rent for a two-bedroom apartment was $1,180 in September, according to ApartmentList, and rents have increased by 0.9 percent year-over-year.
To read the full report, log on to apartmentlist.com.