The Zumper Denver Metro Report analyzed active listings in February 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 $1,285 last month.
Cities Ranked By Rent
The Most Expensive
–Broomfield, CO held onto its position as the most expensive city with rent climbing $70 to $1,530.
–Centennial, CO also continued to hold its new ranking as second with one bedrooms priced at $1,470.
–Denver, Colorado was third with rent at $1,430.
The Least Expensive
–Arvada, CO rent grew $50 to $1,070 but stayed as the most affordable in the metro.
–Aurora, CO followed closely behind as second with rent at $1,080.
–Northglenn, CO was third with one bedrooms priced at $1,100.
Growth Rate
The Fastest Growing (Y/Y%)
–Littleton, CO had the largest year over year rental growth rate, climbing 15.8%.
–Castle Rock, CO rent was the second fastest growing, up 14.5% since this time last year.
–Denver, Colorado was third with rent increasing 14.4%.
The Fastest Growing (M/M%)
–Littleton, CO also had the largest monthly rental growth rate, up 5.3%.
–Westminster, Aurora, & Arvada, CO all tied for second with prices growing 4.9% last month.
–Broomfield, CO ranked as third with a 4.8% growth rate.
Full Data
| 1 Bedroom | 2 Bedrooms | ||||||
|---|---|---|---|---|---|---|---|
| Pos. | City | Price | M/M % | Y/Y % | Price | M/M % | Y/Y % |
| 1 | Centennial | $1,490 | 1.40% | 13.70% | $1,820 | 5.20% | 7.10% |
| 2 | Broomfield | $1,450 | -5.20% | -0.70% | $1,720 | 3.00% | 1.20% |
| 3 | Denver | $1,400 | -2.10% | 15.70% | $1,910 | 1.10% | 13.70% |
| 4 | Lakewood | $1,350 | 4.70% | 11.60% | $1,430 | 5.10% | 9.20% |
| 4 | Littleton | $1,350 | -2.90% | 11.60% | $1,640 | 5.10% | 7.90% |
| 6 | Castle Rock | $1,320 | 4.80% | 14.80% | $1,490 | 0.00% | 3.50% |
| 6 | Parker | $1,320 | -2.20% | 6.50% | $1,570 | 4.00% | 1.90% |
| 6 | Westminster | $1,320 | 2.30% | 11.90% | $1,480 | 5.00% | 2.10% |
| 9 | Thornton | $1,220 | 3.40% | 15.10% | $1,450 | 5.10% | 8.20% |
| 10 | Northglenn | $1,150 | 4.50% | 10.60% | $1,350 | 4.70% | 3.80% |
| 11 | Arvada | $1,120 | 4.70% | 8.70% | $1,310 | 3.10% | 2.30% |
| 11 | Aurora | $1,120 | 3.70% | 9.80% | $1,410 | 5.20% | 3.70% |
About
The Zumper Denver Metro Report analyzed active listings that hit the market in February 2018. Listings are aggregated by city to calculate median asking rents.
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