Most and Least Attractive Denver Suburbs for Renters

Most and Least Attractive Denver Suburbs for Renters
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In recent years, high rent prices in Denver have inspired plenty of renters to relocate to less expensive suburbs in the metro area. But cost alone doesn't seem to be driving a rise in the number of suburban renters. Indeed, the Denver suburbs that have seen the biggest boost in renters during the past half-decade have some of the area's highest rents.

That's among the surprising revelations in "Top Trending Suburbs That Have Seen the Biggest Boom in Renters," a new report from RENTCafe.

The site analyzed data from 491 suburbs around the country, then ranked them based on those that registered the largest percentage jump in renters over the previous five years.

Fifteen Denver suburbs were included in the survey, with the top finisher, Lone Tree, landing in the fourteenth slot nationally. Lone Tree's renter population has gone up by a striking 66 percent in the test period.

Lone Tree is also one of three suburbs among the aforementioned fifteen whose average rent (a figure that combines the costs for all types of rental units and properties) exceeds $1,600 per month. And the other two — Centennial and Highlands Ranch — are third and fourth when it comes to the heftiest growth in renters.

The renter proliferation is slower in several other, more modestly priced Denver suburbs. Still, only one metro-area suburb has actually seen a decrease in renters. Its national slot is 481, making it one of the least attractive suburbs for renters in the entire country. Maybe that's why it is currently the only metro-area community whose one-bedroom rent is the same price it was at this time last year.

Continue to count down the fifteen Denver suburbs, ordered by percentage increase of renters.
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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