That record didn't last long. New figures show the average rent for a two-bedroom apartment within Denver's city limits is just a shade under $2,000 per month, and that figure has been surpassed in a popular suburb for the first time this year.
The data comes from Zumper's June 2018 report, which reveals that the median rent in the state of Colorado as a whole for all apartments, no matter the number of bedrooms, was $1,224 last month. But finding a place for under that figure in metro Denver is a challenge.
The average rent for a one-bedroom is south of the aforementioned total in four nearby communities — Thornton, Arvada, Aurora and Northglenn — but above it in eight other places. And the least expensive two-bedroom average in the metro area (again, in Northglenn) was $1,370.
Even more alarming: The median rent price only went down in three of twelve communities analyzed on a month-to-month basis and dipped in none as compared to the same month last year. Indeed, the rent cost for a two-bedroom in Denver proper is a gag-inducing 15.80 percent higher year over year.
Count down the twelve cities surveyed by Zumper below, ranked by median price for a two-bedroom apartment.
Zumper file photo
Median two-bedroom price: $1,370
Month-to-month change: 1.50 percent
Year-to-year change: 0.70 percent
Number 11: Thornton
Median two-bedroom price: $1,440
Month-to-month change: -2.00 percent
Year-to-year change: 14.30 percent
Number 10 (tie): Aurora
Median two-bedroom price: $1,450
Month-to-month change: -0.70 percent
Year-to-year change: 6.60 percent
Number 10 (tie): Arvada
Median two-bedroom price: $1,450
Month-to-month change: 5.10 percent
Year-to-year change: 3.60 percent
Number 8: Castle Rock
Median two-bedroom price: $1,500
Month-to-month change: -3.80 percent
Year-to-year change: 4.20 percent
Zumper file photo
Median two-bedroom price: $1,550
Month-to-month change: 4.00 percent
Year-to-year change: 7.60 percent
Number 6: Westminster
Median two-bedroom price: $1,610
Month-to-month change: 3.90 percent
Year-to-year change: 15.00 percent
Number 5: Parker
Median two-bedroom price: $1,660
Month-to-month change: 2.50 percent
Year-to-year change: 1.80 percent
Number 4. Littleton
Median two-bedroom price: $1,700
Month-to-month change: 0.00 percent
Year-to-year change: 3.70 percent
Zumper file photo
Median two-bedroom price: $1,780
Month-to-month change: 0.00 percent
Year-to-year change: 2.90 percent
Number 2. Denver
Median two-bedroom price: $1,980
Month-to-month change: 1.00 percent
Year-to-year change: 15.80 percent
Number 1: Centennial
Median two-bedroom price: $2,010
Month-to-month change: 5.20 percent
Year-to-year change: 14.20 percent
