Denver Metro Report: March 2017

The Zumper Denver Metro Report analyzed over 9,300 active listings in February across the 12 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

Cities Ranked By Rent

Denver metro.001

Most Expensive

Broomfield, CO was the most expensive city to rent in the Denver metro area. One bedroom units were priced at a median of $1,390 this month.

Centennial, CO, close behind Broomfield, ranked as the second priciest city to rent with a one bedroom median of $1,320.

Denver, Colorado came in as the third most expensive city at $1,250.

Least Expensive

Arvada, CO was the most affordable city to rent in the Denver metro area with one bedroom units priced at a median of $980.

Aurora, CO ranked as the second least expensive city with a monthly rate of $1,020 for one bedroom units.

Northglenn, CO, only $10 more expensive than Aurora, was the third least expensive city. The price of one bedroom units settled at a median of $1,030 this month.

Yearly Growth Rate

Denver metro.002

Fastest Growing

Littleton, CO topped the ranks with the fastest growing rents, up 14.3% since last year.

Aurora, CO followed closely behind with a 13.3% yearly growth rate.

Thornton, CO had the third fastest growing rent, climbing 12% since last year.

Denver metro chart

Full Data

One BedroomTwo Bedrooms
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1Chicago$1,7702.30%6.00%$2,260-0.90%3.70%
2Orland Park$1,540-4.30%2.70%$1,5604.70%14.70%
3Wheaton$1,430-1.40%-9.50%$1,440-0.70%-0.70%
4Arlington Heights$1,440-5.30%15.20%$1,980-4.80%15.10%
5Oak Park$1,3004.00%-4.40%$1,7701.10%-5.30%
6Schaumburg$1,170-4.90%0.90%$1,4500.00%0.70%
7Naperville$1,160-3.30%8.40%$1,580-3.10%6.80%
8Des Plaines$1,0505.00%5.00%$1,3604.60%-13.90%
8Palatine$1,0500.00%10.50%$1,390-0.70%5.30%
9Aurora$1,0302.00%-1.00%$1,400-2.10%2.90%
10Mount Prospect$1,0205.20%7.40%$1,390-4.80%14.90%
11Waukegan$9200.00%15.00%$1,0800.00%8.00%
12Berwyn$9101.10%1.10%$1,230-4.70%0.80%
13Elgin$9004.70%15.40%$1,250-2.30%-2.30%
14Kenosha$7301.40%5.80%$900-4.30%15.40%

About

The Zumper Denver Metro Report analyzed over 9,300 listings that hit the market in February 2017. Listings are aggregated by city to calculate median asking rents.

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