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Denver Metro Report: August 2019

The Zumper Denver Metro Report analyzed active listings in July 2019 across 12 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Colorado state median Rent was $1,271 last month.

Cities Ranked By Rent

The Most Expensive

–Broomfield, CO moved up one spot to rank as the most expensive city with rent growing $10 to $1,590.

–Denver, CO dropped to second with one bedrooms priced at $1,580.

–Centennial, CO remained third with rent at $1,510.

The Least Expensive

–Aurora, CO continued to rank as the most affordable city with rent at $1,190.

–Northglenn, Lakewood, & Arvada, CO rents tied for the second least expensive, all priced at $1,210.

Growth Rate

The Fastest Growing (Y/Y%)

–Arvada, CO had the fastest growing rent, up 14.2% since this time last year.

–Broomfield, CO saw rent climb 7.4%, making it second.

–Parker, CO followed closely behind as third with rent growing 6.8%.

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Broomfield$1,5900.60%7.40%$1,860-3.10%1.10%
2Denver$1,580-1.30%5.30%$1,950-1.50%-1.50%
3Centennial$1,5100.00%-1.90%$1,880-0.50%-4.10%
4Parker$1,4200.00%6.80%$1,7000.00%4.90%
5Castle Rock$1,3900.00%0.00%$1,6300.00%1.20%
5Littleton$1,390-0.70%2.20%$1,8000.60%6.50%
7Thornton$1,3200.00%3.10%$1,630-0.60%2.50%
7Westminster$1,3200.00%-5.00%$1,5000.00%-6.80%
9Arvada$1,210-3.20%14.20%$1,4700.00%-8.10%
9Lakewood$1,210-2.40%-15.40%$1,440-0.70%-5.30%
9Northglenn$1,2100.00%3.40%$1,450-2.00%0.00%
12Aurora$1,1900.00%4.40%$1,5000.70%2.70%

About

The Zumper Denver Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.

In the market for a new place? Search all Denver apartments for rent on Zumper now.

The post Denver Metro Report: August 2019 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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Denver Metro Report: August 2019

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