GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent Denver

The average rent in Denver is $1,644 per month according to recent statistics.

In this post, we will explore the latest statistics on the average rent prices in Denver, shedding light on key figures such as the cost of rent for different types of apartments, the percentage increase from the previous year, comparisons with other major cities, and specific neighborhood averages. Stay tuned to gain valuable insights into the evolving rental landscape in Denver.

Statistic 1

"The average cost of rent in Denver for a one-bedroom apartment is $1,673."

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Statistic 2

"For a studio apartment in Denver, the average rent is $1,345."

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Statistic 3

"The average rent for an apartment in Denver rose 2.61% from the previous year, to $1,670 per month."

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Statistic 4

"Rent in Denver is, on average, 35.15% lower than in New York."

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Statistic 5

"Denver's Five Points area has seen the most expensive average rent at $2,102, while the cheapest average rent is in Green Valley Ranch at $1,156 a month."

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Statistic 6

"Three-bedroom apartment rents average $2280 in Denver."

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Statistic 7

"Denver's average rent has dropped 0.1% from the previous month, and 1.86% from the previous year."

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Statistic 8

"The average rent for a single-bedroom apartment in Denver is 41% higher than the national average."

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Statistic 9

"Denver has seen one of the steepest increases in rent in the last decade with a growth rate of 84%."

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In conclusion, the rental market in Denver is dynamic and evolving, with varying costs across different neighborhoods and apartment sizes. The data shows that the average rent in Denver has increased slightly from the previous year but is still significantly lower than in cities like New York. While the overall average rent has seen a slight decrease in recent months, the rental prices for one-bedroom and studio apartments remain relatively high compared to the national average. Additionally, Denver has experienced significant growth in rental prices over the past decade, signaling a trend of increasing housing costs in the city.

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