The Zumper Denver Metro Report analyzed active listings in May 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 $1,224 last month.
Cities Ranked By Rent
The Most Expensive
–Centennial, CO rent grew $20 to $1,520 and continued to rank as the most expensive in the metro.
–Denver, Colorado was the second priciest city with rent at $1,470.
–Lakewood, CO followed closely behind as third with one bedrooms priced at $1,460.
The Least Expensive
–Northglenn, CO remained the most affordable in the metro with rent at $1,090.
–Aurora, CO ranked as second with rent at $1,110.
–Arvada, CO rent dropped $30, settling at $1,150, and one spot to become the third least expensive city.
Growth Rate
The Fastest Growing (Y/Y%)
–Denver & Littleton, CO rents tied for the fastest growing since this time last year, both up 15.7%.
–Thornton, CO had the second largest year over year rental growth, climbing 15.1%.
–Arvada, CO followed closely behind as third with rent growing 15%.
The Fastest Growing (M/M%)
–Littleton, CO rent also had a large monthly growth rate as well, rising 5.3%.
–Westminster, CO saw rent climb 5.2% last month, making it second.
–Thornton, CO had the third fastest growing rent, up 4.3%.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Centennial | $1,510 | -0.70% | 11.90% | $2,010 | 0.00% | 14.90% |
| 2 | Broomfield | $1,480 | 2.10% | 2.10% | $1,820 | 2.20% | 3.40% |
| 3 | Lakewood | $1,460 | 0.00% | 8.10% | $1,600 | 3.20% | 10.30% |
| 4 | Denver | $1,430 | -2.70% | 15.30% | $2,080 | 5.10% | 15.60% |
| 5 | Littleton | $1,420 | 1.40% | 14.50% | $1,700 | 0.00% | 4.30% |
| 5 | Westminster | $1,420 | 0.70% | 15.40% | $1,560 | -3.10% | 14.70% |
| 7 | Castle Rock | $1,370 | -1.40% | 13.20% | $1,530 | 2.00% | 5.50% |
| 8 | Parker | $1,320 | -2.20% | -1.50% | $1,620 | -2.40% | -1.20% |
| 9 | Thornton | $1,240 | 1.60% | 12.70% | $1,510 | 4.90% | 14.40% |
| 10 | Aurora | $1,150 | 3.60% | 15.00% | $1,470 | 1.40% | 7.30% |
| 11 | Northglenn | $1,110 | 1.80% | 3.70% | $1,440 | 5.10% | 1.40% |
| 12 | Arvada | $1,100 | -4.30% | 15.80% | $1,520 | 4.80% | 7.00% |
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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