Audio By Carbonatix
We recently told you about the ten most expensive Colorado cities to rent a two-bedroom apartment, based on new data from ApartmentList.com.
The site also crunched the numbers to determine where in Colorado rent costs are going up the fastest on a year-to-year basis – and there are definite differences between one list and the other.
Several places that aren’t among the ten most expensive places to rent appear below – although if costs keep heading upward at the rate they are currently, that could change.
In addition, Colorado Springs slipped into the biggest-rent-increase roster. The other nine selections are clustered around the Denver-Boulder area.
Count down the photo-illustrated top ten below, complete with ApartmentList.com data and an occasional note with extra info. That’s followed by a graphic showing that rent prices in Colorado as a whole continue to exceed the national average – by a lot.
No surprise there. For more information about rents in Colorado, click here.
Number 10: Denver
Year-to-year rent growth: 5.6 percent
Note: At $1,500 for a 2-bedroom, Colorado’s capital was the 7th most expensive city for 2-bedroom rent prices, and showed the 10th strongest year-to-year growth at 5.6 percent. Month-over-month, however, Denver actually decreased by 0.7%.
Number 9: Arvada
Year-to-year rent growth: 6.1 percent
Number 8: Englewood
Year-to-year rent growth: 6.1 percent
Number 7: Westminster
Year-to-year rent growth: 6.6 percent
Number 6: Colorado Springs
Year-to-year rent growth: 7 percent
Number 5: Centennial
Year-to-year rent growth: 5.6 percent
Number 4: Lone Tree
Year-to-year rent growth: 8.4 percent
Number 3: Aurora
Year-to-year rent growth: 9.1 percent
Note: Aurora claims the 3rd highest rent growth, at 9.1 percent year-over-year. Just 30 minutes east of Denver, Aurora averages $1,260 for a 2-bedroom.
Number 2: Longmont
Year-to-year rent growth: 11.7 percent
Note: Longmont came in second behind Sherrelwood for fastest growing rents, with an 11.7 percent increase over last year. A 2-bedroom in Longmont averages $1,100.
Number 1: Sherrelwood
Year-to-year rent growth: 17.2 percent
