Business

The Metro Denver City With the Same One-Bedroom Rent as a Year Ago

The Metro Denver City With the Same One-Bedroom Rent as a Year Ago
Zumper file photo
Metro Denver rent costs have been moderating of late, particularly on a month-to-month basis. But the lingering effects of sky-high price increases over the past twelve months mean that rent in most communities remains considerably pricier than it was this time last year.

With one notable exception.

This factoid is contained within the February 2019 rent report from Zumper, which tends toward the sunny side of the street, particularly for those looking to secure a one-bedroom apartment in greater Denver.

The heftiest price bump for a one-bedroom in the metro area from month to month is the 5.4 percent rise in Arvada — and even that amount is modest compared to the double-digit increases that have been common in the Mile High City over recent years.

Better yet, the latest one-bedroom prices fell or remained flat from a monthly perspective in ten of the twelve places analyzed by Zumper. The only other price rise beyond Arvada happened in Littleton, at plus-5.1 percent.

The situation isn't quite as positive when the year-over-year numbers are crunched. The one-bedroom rents in four cities are up by more than 10 percent since February 2018, and in excess of 5 percent in five others.

As for the city in the top spot, its rent dropped 1.4 percent over the last month and is exactly the same as it was a year ago.

Continue to count down the aforementioned twelve cities, ranked by the largest to the smallest rent increase for a one-bedroom apartment over the past year.

KEEP WESTWORD FREE... Since we started Westword, it has been defined as the free, independent voice of Denver, and we'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" program, allowing us to keep offering readers access to our incisive coverage of local news, food and culture with no paywalls.
Michael Roberts has written for Westword since October 1990, serving stints as music editor and media columnist. He currently covers everything from breaking news and politics to sports and stories that defy categorization.
Contact: Michael Roberts