This April, Denver jumped two spots to the thirteenth most expensive rental market in the country. Median one bedroom prices have appreciated 1.5% in the trailing quarter to $1,320, while two bedrooms have similarly increased 2.4% in the same period to $1,690. Given these trends, Denver now comes ahead of Portland, Minneapolis, and Long Beach for median rent.
At a neighborhood level, the Golden Triangle and LoDo came in as the most expensive areas to rent a one bedroom. More affordable areas are seen toward the southwest (Westwood, MarLee) and east (Goldsmith, Hampden).
To see how Denver stacks up to the rest of the country, and view full rental data for the top 50 cities in the US, read our National Rent Report for April.
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