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Denver Rent: Highest-Priced Neighborhoods in April

Rent prices in Denver and throughout the metro area are up over the past month, according to the April report from Apartment List. But while rents in specific Denver neighborhoods aren't exactly cheap, the majority of those spotlighted in the report are actually lower than they were just over a year ago.
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Rent prices in Denver and throughout the metro area are up over the past month, according to the April report from Apartment List. But while rents in specific Denver neighborhoods aren’t exactly cheap, the majority of those spotlighted in the report are actually lower than they were just over a year ago.

According to Apartment List, Denver rents as a whole have gone up by 0.8 percent since last month and are 1 percent higher than at this time last year. The median rent for a one-bedroom apartment is $1,380, while the average two-bedroom goes for $1,730.

Even pricier are rents in Highlands Ranch, which sports the highest rent prices in the metro area. Median rent there is $1,480 for one-bedrooms and $1,850 for two-bedrooms. The rent costs in the Ranch are up 2.2 percent over last month and a gag-inducing 17 percent since this time last year.

The news is better from neighborhood to neighborhood in Denver proper. Six of the ten Denver neighborhoods included in Apartment List’s April 2017 survey also appear in “Most Expensive Denver Neighborhoods to Rent a Two-Bedroom This Month,” which we originally published in March 2016. In each case, the costs now are lower than they were thirteen months ago – sometimes by just $10, other times by hundreds.

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Continue to count down the current median prices for two-bedrooms in ten Denver neighborhoods, juxtaposed when applicable with rents in March 2016.

Virginia Village.

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Number 10: Virginia Village

Average median rent for a two-bedroom apartment in April 2017: $1,380

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Median rent for a two-bedroom apartment in March 2016: $1,430

Hampden.

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Number 9: Hampden

Average median rent for a two-bedroom apartment in April 2017: $1,400

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Median rent for a two-bedroom apartment in March 2016: $1,430

Windsor.

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Number 8: Windsor

Average median rent for a two-bedroom apartment in April 2017: $1,480

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Montbello.

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Number 7: Montbello

Average median rent for a two-bedroom apartment in April 2017: $1,500

University Hills.

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Number 6 (tie): University Hills

Average median rent for a two-bedroom apartment in April 2017: $1,600

Capitol Hill.

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Number 6 (tie): Capitol Hill

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Average median rent for a two-bedroom apartment in April 2017: $1,600

Median rent for a two-bedroom apartment in March 2016: $1,960

Continue to see the median two-bedroom rents for the ten priciest Denver neighborhoods listed in the April report from Apartment List.

Lowry.

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Number 4: Lowry Field

Average median rent for a two-bedroom apartment in April 2017: $1,640

Median rent for a two-bedroom apartment in March 2016: $1,650

Speer.

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Number 3: Speer

Average median rent for a two-bedroom apartment in April 2017: $1,670

Hampden South.

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Number 2: Hampden South

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Average median rent for a two-bedroom apartment in April 2017: $1,680

Median rent for a two-bedroom apartment in March 2016: $1,690

Five Points.

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Number 1: Five Points

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Average median rent for a two-bedroom apartment in April 2017: $2,130

Median rent for a two-bedroom apartment in March 2016: $2,350

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