The Zumper Denver Metro Report analyzed active listings in March 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 $1,217 last month.
Cities Ranked By Rent
The Most Expensive
–Centennial rent climbed $20, settling at $1,490, and up one spot to rank as the most expensive in the metro.
–Broomfield, CO fell one spot to rank as the second priciest city with rent at $1,450.
–Denver, Colorado remained third with rent at $1,400.
The Least Expensive
–Arvada & Aurora, CO rents tied for the most affordable in the metro, both with one bedrooms priced at $1,120.
–Northglenn, CO ranked as second with rent at $1,150.
–Thornton, CO rent grew $40 to $1,220 and was the third least expensive.
Growth Rate
The Fastest Growing (Y/Y%)
–Denver, Colorado rent had the largest year over year growth rate, up 15.7%.
–Thornton, CO followed closely behind as second with rent climbing 15.1%.
–Castle Rock, CO had the third fastest growing rent, increasing 14.8%.
The Fastest Growing (M/M%)
–Castle Rock, CO also had a large monthly rental growth rate, jumping 4.8%.
–Lakewood & Arvada, CO tied for second with rents both growing 4.7%.
–Northglenn, CO rent was the third fastest growing last month, up 4.5%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Brushy Creek | $1,180 | -0.80% | 6.30% | $1,390 | -4.80% | -4.10% |
| 2 | Austin | $1,170 | 0.90% | 11.40% | $1,450 | 0.00% | 8.20% |
| 3 | Leander | $1,120 | 3.70% | 6.70% | $1,360 | -1.40% | -7.50% |
| 4 | Georgetown | $1,100 | 3.80% | 11.10% | $1,350 | 4.70% | -0.70% |
| 5 | Cedar Park | $1,090 | -0.90% | 5.80% | $1,410 | 1.40% | 6.80% |
| 6 | Pflugerville | $1,040 | 1.00% | 3.00% | $1,400 | 5.30% | 15.70% |
| 7 | Buda | $1,000 | -2.90% | 6.40% | $1,130 | -5.00% | 15.30% |
| 7 | Round Rock | $1,000 | 1.00% | 8.70% | $1,210 | -1.60% | 5.20% |
| 9 | Hutto | $980 | -3.00% | -7.50% | $1,310 | 1.60% | -4.40% |
| 10 | Kyle | $960 | -2.00% | -3.00% | $1,350 | 0.00% | 1.50% |
| 11 | Jollyville | $950 | -2.10% | 2.20% | $1,230 | -1.60% | 9.80% |
| 12 | Wells Branch | $910 | -2.20% | 0.00% | $1,250 | -2.30% | 9.60% |
| 13 | San Marcos | $880 | -1.10% | 2.30% | $980 | 0.00% | 3.20% |
About
The Zumper Denver Metro Report analyzed active listings that hit the market in March 2018. Listings are aggregated by city to calculate median asking rents.
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