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One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade
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One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade

How did rent in Denver reach its highest point ever in 2018? An analysis of historical data shows that rent costs in the early 2010s, which qualified as modest by the standards of the day, skyrocketed mid-decade and remain at eye-popping levels.

An example: Median rent for a one-bedroom apartment eight years ago barely topped $800. Today, the most recent estimate from the Rent Jungle website is $1,432 — an increase of nearly 79 percent. And the latest price is actually lower than in June, when it peaked at $1,457.

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The site's report about average rent trends in Denver includes median one-bedroom, two-bedroom and overall totals for every month beginning in January 2011. And following the numbers from then to November 2018 reveals how the screws have been tightened on Mile High City renters over this period.

That first month, a typical one-bedroom went for just $801, and a two-bedroom could be had for $1,110, resulting in an overall median of $1,019. And rent prices actually slid shortly thereafter thanks to the Great Recession, which was still very much in effect, with one-bedroom rent in Denver bottoming out at $722 in June.

The price hasn't been that low since. One-bedroom rent took a big leap up in August 2011, when the median costs increased to $880 — and the next month was marked by another huge bump, to $994. At that point, the race was on, topping $1,000 in May 2012, $1,100 in May 2013, $1,200 in October 2014, $1,300 in April 2015 and $1,400 in June 2016.

From there, one-bedroom prices actually slipped a bit, remaining under $1,400 for much of the next two years. But the barrier was broken again in April, and the median price remained above that threshold throughout the remainder of 2018.

In comparison, two-bedroom rents haven't risen quite as quickly over the same period, but close: just over 60 percent. As for the overall median rent, it's increased by 53 percent — a number worse than that found in an April study from RealPage.com, which showed a 48 percent bump since 2010. Yet the latter figure was still the fourth-largest boost in the country during that span. Only three cities in the California Bay Area were worse.

In recent months, Denver-area rent has moderated a bit, giving renters hope of some relief in the new year. But a return to early decade totals is the stuff of impossible dreams.

Continue to see our photo-illustrated list of Denver median one-bedroom, two-bedroom and overall rents for every month from January 11 to November 2018.

One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade (2)
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January 2011
Median one-bedroom rent: $801
Median two-bedroom rent: $1,110
Median overall rent: $1,019

February 2011
Median one-bedroom rent: $798
Median two-bedroom rent: $1,133
Median overall rent: $1,030

March 2011
Median one-bedroom rent: $764
Median two-bedroom rent: $1,163
Median overall rent: $1,024

April 2011
Median one-bedroom rent: $752
Median two-bedroom rent: $1,133
Median overall rent: $1,012

May 2011
Median one-bedroom rent: $723
Median two-bedroom rent: $1,062
Median overall rent: $992

June 2011
Median one-bedroom rent: $722
Median two-bedroom rent: $1,059
Median overall rent: $1,006

July 2011
Median one-bedroom rent: $725
Median two-bedroom rent: $1,066
Median overall rent: $1,032

August 2011
Median one-bedroom rent: $880
Median two-bedroom rent: $1,281
Median overall rent: $1,096

September 2011
Median one-bedroom rent: $994
Median two-bedroom rent: $1,336
Median overall rent: $1,169

October 2011
Median one-bedroom rent: $984
Median two-bedroom rent: $1,289
Median overall rent: $1,147

November 2011
Median one-bedroom rent: $942
Median two-bedroom rent: $1,225
Median overall rent: $1,103

December 2011
Median one-bedroom rent: $929
Median two-bedroom rent: $1,199
Median overall rent: $1,083

January 2012
Median one-bedroom rent: $923
Median two-bedroom rent: $1,204
Median overall rent: $1,085

February 2012
Median one-bedroom rent: $936
Median two-bedroom rent: $1,193
Median overall rent: $1,090

March 2012
Median one-bedroom rent: $899
Median two-bedroom rent: $1,143
Median overall rent: $1,045

One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade (3)
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April 2012
Median one-bedroom rent: $971
Median two-bedroom rent: $1,206
Median overall rent: $1,109

May 2012
Median one-bedroom rent: $1,016
Median two-bedroom rent: $1,280
Median overall rent: $1,160

June 2012
Median one-bedroom rent: $1,013
Median two-bedroom rent: $1,278
Median overall rent: $1,160

July 2012
Median one-bedroom rent: $996
Median two-bedroom rent: $1,239
Median overall rent: $1,135

August 2012
Median one-bedroom rent: $1,036
Median two-bedroom rent: $1,303
Median overall rent: $1,191

September 2012
Median one-bedroom rent: $1,035
Median two-bedroom rent: $1,309
Median overall rent: $1,193

October 2012
Median one-bedroom rent: $1,075
Median two-bedroom rent: $1,358
Median overall rent: $1,232

November 2012
Median one-bedroom rent: $1.065
Median two-bedroom rent: $1,354
Median overall rent: $1,232

December 2012
Median one-bedroom rent: $1,082
Median two-bedroom rent: $1,387
Median overall rent: $1,254

January 2013
Median one-bedroom rent: $1,050
Median two-bedroom rent: $1,393
Median overall rent: $1,245

February 2013
Median one-bedroom rent: $1,042
Median two-bedroom rent: $1,351
Median overall rent: $1,216

March 2013
Median one-bedroom rent: $1,076
Median two-bedroom rent: $1,399
Median overall rent: $1,248

April 2013
Median one-bedroom rent: $1,085
Median two-bedroom rent: $1,395
Median overall rent: $1,248

May 2013
Median one-bedroom rent: $1,122
Median two-bedroom rent: $1,416
Median overall rent: $1,281

June 2013
Median one-bedroom rent: $1,126
Median two-bedroom rent: $1,436
Median overall rent: $1,294

July 2013
Median one-bedroom rent: $1,142
Median two-bedroom rent: $1,478
Median overall rent: $1,323

August 2013
Median one-bedroom rent: $1,114
Median two-bedroom rent: $1,458
Median overall rent: $1,306

September 2013
Median one-bedroom rent: $1,104
Median two-bedroom rent: $1,413
Median overall rent: $1,285

October 2013
Median one-bedroom rent: $1,140
Median two-bedroom rent: $1,462
Median overall rent: $1,321

One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade (4)
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November 2013
Median one-bedroom rent: $1,112
Median two-bedroom rent: $1,456
Median overall rent: $1,307

December 2013
Median one-bedroom rent: $1,077
Median two-bedroom rent: $1,409
Median overall rent: $1,277

January 2014
Median one-bedroom rent: $1,087
Median two-bedroom rent: $1,380
Median overall rent: $1,257

February 2014
Median one-bedroom rent: $1,078
Median two-bedroom rent: $1,368
Median overall rent: $1,231

March 2014
Median one-bedroom rent: $1,114
Median two-bedroom rent: $1,444
Median overall rent: $1,300

April 2014
Median one-bedroom rent: $1,117
Median two-bedroom rent: $1,458
Median overall rent: $1,305

May 2014
Median one-bedroom rent: $1,136
Median two-bedroom rent: $1,491
Median overall rent: $1,335

June 2014
Median one-bedroom rent: $1,155
Median two-bedroom rent: $1,531
Median overall rent: $1,369

July 2014
Median one-bedroom rent: $1,170
Median two-bedroom rent: $1,534
Median overall rent: $1,383

August 2014
Median one-bedroom rent: $1,189
Median two-bedroom rent: $1,534
Median overall rent: $1,401

September 2014
Median one-bedroom rent: $1,196
Median two-bedroom rent: $1,533
Median overall rent: $1,404

October 2014
Median one-bedroom rent: $1,210
Median two-bedroom rent: $1,545
Median overall rent: $1,410

November 2014
Median one-bedroom rent: $1,217
Median two-bedroom rent: $1,545
Median overall rent: $1,412

December 2014
Median one-bedroom rent: $1,224
Median two-bedroom rent: $1,555
Median overall rent: $1,418

January 2015
Median one-bedroom rent: $1,252
Median two-bedroom rent: $1,580
Median overall rent: $1,437

February 2015
Median one-bedroom rent: $1,262
Median two-bedroom rent: $1,644
Median overall rent: $1,460

March 2015
Median one-bedroom rent: $1,296
Median two-bedroom rent: $1,678
Median overall rent: $1,502

April 2015
Median one-bedroom rent: $1,326
Median two-bedroom rent: $1,697
Median overall rent: $1,528

May 2015
Median one-bedroom rent: $1,333
Median two-bedroom rent: $1,711
Median overall rent: $1,546

One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade (5)
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June 2015
Median one-bedroom rent: $1,345
Median two-bedroom rent: $1,753
Median overall rent: $1,586

July 2015
Median one-bedroom rent: $1,348
Median two-bedroom rent: $1,761
Median overall rent: $1,587

August 2015
Median one-bedroom rent: $1,373
Median two-bedroom rent: $1,776
Median overall rent: $1,602

September 2015
Median one-bedroom rent: $1,376
Median two-bedroom rent: $1,759
Median overall rent: $1,593

October 2015
Median one-bedroom rent: $1,380
Median two-bedroom rent: $1,755
Median overall rent: $1,586

November 2015
Median one-bedroom rent: $1,363
Median two-bedroom rent: $1,733
Median overall rent: $1,563

December 2015
Median one-bedroom rent: $1,325
Median two-bedroom rent: $1,692
Median overall rent: $1,523

January 2016
Median one-bedroom rent: $1,332
Median two-bedroom rent: $1,710
Median overall rent: $1,534

February 2016
Median one-bedroom rent: $1,345
Median two-bedroom rent: $1,740
Median overall rent: $1,558

March 2016
Median one-bedroom rent: $1,366
Median two-bedroom rent: $1,760
Median overall rent: $1,574

April 2016
Median one-bedroom rent: $1,383
Median two-bedroom rent: $1,785
Median overall rent: $1,584

May 2016
Median one-bedroom rent: $1,393
Median two-bedroom rent: $1,771
Median overall rent: $1,580

June 2016
Median one-bedroom rent: $1,406
Median two-bedroom rent: $1,814
Median overall rent: $1,600

July 2016
Median one-bedroom rent: $1,387
Median two-bedroom rent: $1,804
Median overall rent: $1,588

August 2016
Median one-bedroom rent: $1,394
Median two-bedroom rent: $1,794
Median overall rent: $1,588

September 2016
Median one-bedroom rent: $1,383
Median two-bedroom rent: $1,768
Median overall rent: $1,573

October 2016
Median one-bedroom rent: $1,372
Median two-bedroom rent: $1,778
Median overall rent: $1,577

November 2016
Median one-bedroom rent: $1,365
Median two-bedroom rent: $1,765
Median overall rent: $1,564

December 2016
Median one-bedroom rent: $1,360
Median two-bedroom rent: $1,757
Median overall rent: $1,557

January 2017
Median one-bedroom rent: $1,360
Median two-bedroom rent: $1,751
Median overall rent: $1,549

February 2017
Median one-bedroom rent: $1,367
Median two-bedroom rent: $1,748
Median overall rent: $1,550

March 2017
Median one-bedroom rent: $1,381
Median two-bedroom rent: $1,765
Median overall rent: $1,567

April 2017
Median one-bedroom rent: $1,380
Median two-bedroom rent: $1,765
Median overall rent: $1,564

One-Bedroom Rent in Denver Rose 79 Percent in Under a Decade (6)
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May 2017
Median one-bedroom rent: $1,397
Median two-bedroom rent: $1,781
Median overall rent: $1,575

June 2017
Median one-bedroom rent: $1,413
Median two-bedroom rent: $1,801
Median overall rent: $1,593

July 2017
Median one-bedroom rent: $1,414
Median two-bedroom rent: $1,800
Median overall rent: $1,591

August 2017
Median one-bedroom rent: $1,391
Median two-bedroom rent: $1,789
Median overall rent: $1,578

September 2017
Median one-bedroom rent: $1,391
Median two-bedroom rent: $1,798
Median overall rent: $1,589

October 2017
Median one-bedroom rent: $1,390
Median two-bedroom rent: $1,782
Median overall rent: $1,580

November 2017
Median one-bedroom rent: $1,385
Median two-bedroom rent: $1,755
Median overall rent: $1,566

December 2017
Median one-bedroom rent: $1,377
Median two-bedroom rent: $1,769
Median overall rent: $1,567

January 2018
Median one-bedroom rent: $1,394
Median two-bedroom rent: $1,777
Median overall rent: $1,580

February 2018
Median one-bedroom rent: $1,390
Median two-bedroom rent: $1,768
Median overall rent: $1,575

March 2018
Median one-bedroom rent: $1,399
Median two-bedroom rent: $1,775
Median overall rent: $1,575

April 2018
Median one-bedroom rent: $1,419
Median two-bedroom rent: $1,808
Median overall rent: $1,607

May 2018
Median one-bedroom rent: $1,439
Median two-bedroom rent: $1,839
Median overall rent: $1,631

June 2018
Median one-bedroom rent: $1,457
Median two-bedroom rent: $1,870
Median overall rent: $1,653

July 2018
Median one-bedroom rent: $1,449
Median two-bedroom rent: $1,835
Median overall rent: $1,634

August 2018
Median one-bedroom rent: $1,446
Median two-bedroom rent: $1,838
Median overall rent: $1,632

September 2018
Median one-bedroom rent: $1,452
Median two-bedroom rent: $1,854
Median overall rent: $1,644

October 2018
Median one-bedroom rent: $1,434
Median two-bedroom rent: $1,791
Median overall rent: $1,610

November 2018
Median one-bedroom rent: $1,432
Median two-bedroom rent: $1,781
Median overall rent: $1,605

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