Falling one spot this month, Denver ranked as the 22nd most expensive city to rent. The price of one bedroom units dropped 2.4% to a median of $1,240, while two bedroom units grew 5.3% to $1,800.
While Southmoor Park and Baker had the fastest growing rents since last quarter, both up over 12%, Jefferson Park and Whittier had the biggest rent dips, down 13% and 9%, respectively.
Ranging around the $1,900-$1,950 price range, Golden Triangle, Belcaro, and Central Business District were the most expensive neighborhoods to rent this summer. Highland, Lodo, and Baker followed suit as the next priciest areas. On the more affordable end, rentals priced around $1,200 could be found in Cole, Jefferson Park, and Harvey Park South.
To see how Denver rent prices compare with the rest of the nation’s, view our National Rent Report for July.
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