The Seven Places Where House Rental Prices Are Rising Faster Than Denver's

In recent years, we've grown accustomed to discovering that rent prices in Denver are rising faster than anywhere else in the country. But a new survey by RentRange suggests that the situation is finally starting to moderate, at least in one particular area. The site looked at the average rental rate...

By Michael Roberts

October 26, 2015

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In recent years, we've grown accustomed to discovering that rent prices in Denver are rising faster than anywhere else in the country.

But a new survey by RentRange suggests that the situation is finally starting to moderate, at least in one particular area.

The site looked at the average rental rate increase for single-family homes between the third quarter of 2014 and the same period this year among the top 25 metropolitan statistical areas in the U.S.

Shockingly enough, the combination of Denver and Aurora isn't number one. Instead, the Mile High metroplex finishes eighth — meaning there were seven other areas where home rental costs were moving upward even faster than here.

Find out which ones by counting down our photo-illustrated roster below, featuring RentRange data.

Number 8: Denver-Aurora CO
Change in Rent — Q3: 14.6 percent
Average Yield — Q3: 6.7 percent

Number 7: San Jose-Sunnyvale-Santa Clara CA
Change in Rent — Q3: 16.1 percent
Average Yield — Q3: 4.7 percent

Number 6: Los Angeles-Long Beach-Santa Ana CA
Change in Rent — Q3: 16.3 percent
Average Yield — Q3: 5.6 percent

Number 5: Charleston-North Charleston SC
Change in Rent — Q3: 16.5 percent
Average Yield — Q3: 9.0 percent

Number 4: San Francisco-Oakland-Fremont CA
Change in Rent — Q3: 17.0 percent
Average Yield — Q3: 5.6 percent

Number 3: North Port-Bradenton-Sarasota FL
Change in Rent — Q3: 17.2 percent
Average Yield — Q3: 9.7 percent

Number 2: Sacramento-Arden-Arcade-Roseville CA
Change in Rent — Q3: 17.6 percent
Average Yield — Q3: 6.6 percent

Number 1: Cape Coral-Fort Myers FL
Change in Rent — Q3: 23.6 percent
Average Yield — Q3: 9.1 percent

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Michael Roberts began his career with Westword in 1990 as music editor. In 1999, he took on a new role, full-time media reporter, as author of a column called The Message. In 2008, he became the lead writer for Westword's news blog, The Latest Word, a position he held until January 2023. Michael continues to freelance for Westword, covering everything from business to sports and the media; he also contributes to Jazziz, a national music magazine. He holds a bachelor's degree from what is now Colorado Mesa University and master's degrees from the University of California, Los Angeles, and Northwestern University.

Contact: Michael Roberts

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