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Denver apartment rents rising 3 times the national average

Denver rents have gone up nearly 7 percent in the past year, which is three times the national average increase of 2.3 percent.

That’s according to research done by Apartmentlist.com, which indicated that the average monthly rent for a one-bedroom apartment in the city of Denver last month was $1,090, with two-bedrooms averaging $1,550 monthly in the city. The two-bedroom rent average is 41 percent above the national average, according to the company.

Apartmentlist.com reported that the most expensive apartments in Denver area were in Cherry Creek, where the median price for a two-bedroom rental was $3,250. The cheapest rents were in Virginia Village near I-25 and Colorado Boulevard, where the median rent for a two-bedroom apartment was $1,150.

Read more from the Denver Business Journal: http://bit.ly/1LLffEc.

95 comments
Alfredo Hurtado
Alfredo Hurtado

I'm a Denver native and the rest of you natives need to stop bitchin' about prices already! Start growing, like the out of towners! Use your damn brain!

Mike Zee
Mike Zee

I'm from Wisconsin. I moved to Denver just to ruin things for natives.

Emily Caldwell
Emily Caldwell

I've lived here for almost 20 years and yeah, the changes suck. But people are not going to quit moving here and the ones who are already here are not going to leave. Let's stop bitching and start demanding some legislation from the city of Denver. We need rent control. Other cities with out of control rent prices have it, it's time we had it too. We also need tenant's rights legislation. Currently there is nothing on the books that protects tenants. Basically just two worthless laws that say your landlord has to keep your apartment livable, but that only includes things like water and heat and other things that are safety hazards. There needs to be legislation specifying what can and can't be in a lease and landlords need to face charges if they are found to be repeatedly withholding security deposits unlawfully. If you want a change, you'll have to fight for. A lot of very powerful people make a lot of money off the current rental situation...the citizens of Denver will have to unite and make a lot of noise and refuse to back down on this issue or it's only going to get worse.

Emily Caldwell
Emily Caldwell

Rents are not "landlord free will" in other high cost of living cities like NYC and San Francisco. We need rent control and tenant's rights legislation.

Aaron Gallegos
Aaron Gallegos

Alicia Neilson you can tell u aint from denver shut ur mouth and drink a slim fast

Gary Dreher
Gary Dreher

why I am not living in Denver. income to low for Denver housing.

Jeff Bradley
Jeff Bradley

Equity means nothing? Hmmm... I call that an appreciating asset.

Melissa Wile McArthur
Melissa Wile McArthur

It's so sad what Colorado has become. It use to be California plates everwhere, now every state I see.

DeAnna Beck
DeAnna Beck

Absolutely crazy... My rent just went up again. \U0001f44e\U0001f3fb\U0001f621

Chrissy McAden
Chrissy McAden

It's insane - and something needs done about it...let's start by kicking all these rich management companies out of our state! Or put caps on what an affordable rent really should be and impose that on them at the state court level! And if they don't want to comply - they can go build and or run in some other state! How would that be for starters?

Sarah Perezz
Sarah Perezz

Sorry I know you guys don't like to accept the truth but it does have to do with weed :) it's only legal in I think 3 other states..or 4 but still.&& people DO come here just for the weed.Lol anyone tht I tell I live here to says oh nice i'm going there for the weed next weekend etc!

Kati Weathers
Kati Weathers

YA but that equity means nothing unless you plan to refinance at higher interest rates (for new owners anyway) or plan to move somewhere like trinidad, or out of state. Otherwise you're going to get less house for the same amount of money

Kati Weathers
Kati Weathers

Unfortunately I saw a recent poll that asked people who moved here specifically for legalization, how many would move back to their home states if legalized there. 90 percent said they would stay here \U0001f615

Christina Crowley
Christina Crowley

I didn't want to move here My mom needed me and as soon as she goes to a better place don't worry I can't wait to leave!!!

John Luca Brasi Gotti
John Luca Brasi Gotti

Well for whatever reason people are moving here, isnt gonna change my mind on how ifeel about situation.im not thanking anybody.! Ishould thank someone for making it hard for a denver native to find a decent place to live cause they keep inviting outsiders.? People did not start flocking here till they legalized weed...wether people wanna admit it or not

Tanya Pautz
Tanya Pautz

That's why everyone is becoming homeless because they can't afford rent . I live in on disability and I can't afford a apartment . I rent a room. And still don't have enough money for the month with my meds and copays ,bus fair ,and food . So I think it is so greedy .

Alicia Neilson
Alicia Neilson

Ugh, people are not moving here for weed. Other states have legalized and they are not seeing near the same growth rate as Denver. You need to remember, weed was never difficult to get...why in the world would someone move here just to pay MORE for it? The influx in population is due to so many jobs here. Companies get great tax incentives to come to Denver and bring their employees with them. Thank your governor and mayor for that.

Alyx Roybal
Alyx Roybal

This is why I can't move back home to my beautiful state.

Ginger Guzman
Ginger Guzman

That's bs. I'm gonna rent out my basement...oh wait lol

Christopher Urwin
Christopher Urwin

Pot is legal here a year ago and all the riff raff are making trouble about it.

Anthony Lo Baido
Anthony Lo Baido

Bethany Ann Boyce better move there soon then Theresa Bombardier

Raechel Ringle
Raechel Ringle

I wonder why \U0001f612 the other day I literally had every car around me in my lane, from out of state. I doubt they're visiting anymore sees school just started... \U0001f620

Brian Doggett
Brian Doggett

If they would legalize weed in all states we wouldn't have 10,000 dumbass transplants moving here every month because they only move here for the weed.

Don Scanga
Don Scanga

Great news! Maybe if the cost of living in Colorado is equal to or greater than California, maybe more of them will decide not to move out here :)

Jodie DeLeo
Jodie DeLeo

It has to cap soon , or we will all be homeless

Joel Soto
Joel Soto

Wow. Note to self: Never move to CO.

Jim Lettau
Jim Lettau

yeah just saw that on denver news. That's what gives canyon chase the excuse to raise ours

Sarah Perez
Sarah Perez

People come here for others things besides weed, yes.BUT this increase is directly related to weed being legalized.

Theresa Steuart Jent
Theresa Steuart Jent

People don't just come here to smoke legal weed. People also come here for outdoor recreation, up turn economy and some of the best schools in the country. The housing " bubble" will eventually burst and housing prices will start to come down. Denver is my native home and I'm not going anywhere else.

Andria Thomas
Andria Thomas

It's called supply and demand the same thing happened in N. Dakota with the oil boom.

Fran Gallegos
Fran Gallegos

A very long time ago ... I realized one of the most important facts of life. If you're not planning to stay, you rent. If you want to waste your money and make someone else wealthy, you rent. Rent is money down the toilet. Unless you like living in a tent, plan ahead and realize that times change and prices go out of control. It's a fact of life, like the price of gas, eggs and beef. When times are good ... save money for that rainy day. I've done without a lot of things, cars, toys, drugs, alcohol, parties, tat's, even kids, because having a home that I can afford is a fact of life. People will always come to Colorado because it's a great place to live. On the up side, when the apartment market is saturated, you MIGHT be able to find more affordable rates. YEAH! FAT CHANCE! once prices go up ... they don't come back down.

Mark Stephen Collison
Mark Stephen Collison

But yet Denver does nothing to find solutions, even allowing new, "mirco apartments" at 300sqft to go for 900 to start....