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One-Bedroom Rents Zumper conducted a quarterly survey lately and revealed that downward pressures are increasing in Denver on one-bedroom rents. Zumper examined about one million rental listing countrywide and fond out that, in January, the median rent on an apartment of one bedroom in Denver was $1,230. This showed a decline of 5.4 percent compared to the previous year and previous quarter.
Higher Demand Demand appears to be higher in Denver for units of two bedrooms since the median rent in January for those units was $1,740. This is a decline of 1.7 percent from the precedent quarter. However, this is an increase of 5.5 percent from the previous year.
Highest Rents Zumper revealed that the highest rents among the neighborhoods of Denver were from the Golden Triangle with one-bedroom apartment costing $2,150 a month. Lower Downtown came second with $2,100 monthly, and Cherry Creek was close behind with $2,000 per month.
Survey The same survey revealed that Villa Park is the most affordable one-bedroom units of Denver neighborhoods with $790 per month. MarLee came after with $800 per month and Sun Valley with $820 per month. However, Zumper did not include the far northeast neighborhoods of Denver such as Green Valley and Montbello.
Median rents on a one-bedroom When it comes to median rents on a one-bedroom unit tracked by Zumper among 50 cities, Denver is 15th while the city was ranked 13th in the precedent survey. At that time, the median rents on one-bedroom units were comparable to those in Philadelphia and Baltimore on a one-bedroom while the rent of two-bedroom flats was close to the one in Long Beach, California.
Median Rents When it comes to median rents on a one-bedroom unit tracked by Zumper among 50 cities, Denver is 15th while the city was ranked 13th in the precedent survey. At that time, the median rents on one-bedroom units were comparable to those in Philadelphia and Baltimore on a one-bedroom while the rent of two-bedroom flats was close to the one in Long Beach, California.
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