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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:
Arvada: $1,520
Aurora: $1,570
Brighton: $1,580
Broomfield: $1,720
Castle Rock: $1,730
Denver: $1,350
Englewood: $1,510
Golden: $1,550
Littleton: $1,860
Lone Tree: $1,980
Parker: $1,900
Thornton: $1,870
Wheat Ridge: $1,290
Westminster: $1,610
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.