Reader: My Mortgage Is Four Times Less Than Rent for a 2-Bedroom Downtown

In a recent post, we shared costs for the most expensive Denver neighborhoods to rent a two-bedroom apartment during March. As we pointed out, the median amount in the priciest neighborhood, Lower Downtown, was more than twice as high as that in either of the places that tied for the...
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In a recent post, we shared costs for the most expensive Denver neighborhoods to rent a two-bedroom apartment during March.

As we pointed out, the median amount in the priciest neighborhood, Lower Downtown, was more than twice as high as that in either of the places that tied for the ninth costliest.

The figure caused plenty of readers to react.

Here’s the response from someone glad to be paying for a home rather than renting in LoDo.

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Doug Sunada writes:

It’s all about “Convenience” nowadays. People want to “Work, Live and Play” within a 5 mile radius of where they live. Living in Lodo is where it’s at. I can’t see that. To me it’s a waste of money going outta my pockets…. My mortgage is 4 times less than they want 4 rental Downtown.

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