September 30, 2022

Rocky Daily News

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Denver Rent Report for August 2022

1 min read

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Rent prices in metro Denver, which reached record high levels in June, continue to rise almost everywhere in the area, including within city limits. The August rent report from Apartment List reveals that the rate of the increases has slowed, however, and in one community, the cost actually went down.

The median monthly price tag on a two-bedroom in Wheat Ridge fell by a grand total of $20.

The recent positive signs are the first in the better part of a year. From November to December 2021, rent in the City and County of Denver dropped by 1.1 percent, more than double the 0.4 percent slide from October to November. But the decrease lagged in January, when Denver’s median rent went down by only 0.2 percent, and after that there were five consecutive boosts, each one larger than the…

Michael Roberts

2022-08-01 08:52:00

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