The Zumper Denver Metro Report analyzed active listings in November 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 $1,251 last month.
Cities Ranked By Rent
The Most Expensive
–Broomfield, CO rent, though falling $40 to $1,520, remained the most expensive in the metro.
–Centennial & Denver, Colorado were tied for the second priciest city with rents both at $1,510.
–Littleton, CO moved up 3 spots to rank as third with rent increasing $40 to $1,410.
The Least Expensive
–Arvada, CO continued to rank as the most affordable city with rent at $1,080.
–Aurora, CO saw rent grow $20 to $1,170 but remained the second least expensive city.
–Northglenn, CO was third with rent at $1,210.
Growth Rate
The Fastest Growing (Y/Y%)
–Castle Rock, Thornton & Westminster, CO all tied for the city with the largest year over year rental growth rate, up 15.8%.
–Centennial, CO was second with rent climbing 15.3% since this time last year.
–Northglenn, CO followed closely behind as third with rent up 15.2%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Broomfield | $1,520 | -2.60% | 10.10% | $1,900 | 3.30% | 6.70% |
| 2 | Centennial | $1,510 | 0.00% | 15.30% | $1,880 | 1.10% | 10.60% |
| 2 | Denver | $1,510 | 0.00% | 7.10% | $1,930 | -0.50% | 6.60% |
| 4 | Littleton | $1,410 | 2.90% | 12.80% | $1,680 | 1% | 14% |
| 5 | Castle Rock | $1,390 | 1.50% | 15.80% | $1,710 | 1% | 16% |
| 6 | Lakewood | $1,380 | -0.70% | 9.50% | $1,570 | 5% | 10% |
| 6 | Parker | $1,380 | -2.10% | 6.20% | $1,620 | 0% | 9% |
| 8 | Thornton | $1,320 | 0.80% | 15.80% | $1,500 | -2% | 15% |
| 8 | Westminster | $1,320 | 0.80% | 15.80% | $1,500 | -5% | 15% |
| 10 | Northglenn | $1,210 | 2.50% | 15.20% | $1,410 | -3% | 13% |
| 11 | Aurora | $1,170 | 1.70% | 11.40% | $1,410 | 1% | 7% |
| 12 | Arvada | $1,080 | -3.60% | 2.90% | $1,460 | -2% | 12% |
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.
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