Denver Metro Report: August 2018

The Zumper Denver Metro Report analyzed active listings in July 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 $1,235 last month.

Cities Ranked By Rent

The Most Expensive

–Centennial, CO saw rent grow $30 to $1,540 but continued to rank as the most expensive city in the metro.

–Denver, Colorado moved up 2 spots to become the 2nd priciest city with rent climbing $70 to $1,500.

–Broomfield, CO fell to 3rd with rent at $1,480.

The Least Expensive

–Arvada, CO rent fell $40 to $1,060 and remained the most affordable.

–Aurora, CO was the second least expensive with rent at $1,140.

–Northglenn, CO followed closely behind as third with one bedrooms priced at $1,170.

Growth Rate

The Fastest Growing (Y/Y%)

–Castle Rock, CO had the fastest growing rent since this time last year, up a staggering 15.8%.

–Denver, Colorado followed closely behind as second with rent climbing 15.4%.

–Littleton & Thornton, CO tied for third with prices both jumping 15.3%.

The Fastest Growing (M/M%)

–Northglenn, CO rent had the largest monthly growth rate, up 5.4%.

–Denver, Colorado had the second fastest growing rent, climbing 4.9% last month.

Full Data

		1 Bedroom			2 Bedrooms
Pos.	City	Price	M/M %	Y/Y %	Price	M/M %	Y/Y %
1	Grandview Heights	$1,300	0.00%	-3.70%	$1,500	-2.00%	15.40%
2	Dublin	$1,080	-5.30%	14.90%	$1,430	-2.70%	13.50%
3	Hilliard	$1,020	4.10%	0.00%	$1,190	-2.50%	5.30%
4	Columbus	$730	-5.20%	7.40%	$1,070	0.00%	10.30%
5	Whitehall	$720	1.40%	2.90%	$870	0.00%	3.60%
6	Delaware	$700	-2.80%	14.80%	$870	-1.10%	-3.30%
7	Heath	$570	5.60%	5.60%	$790	-2.50%	2.60%

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.