May 24, 2024

Rocky Daily News

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Here’s How Many Apartments Are Left in Denver for $2,000 or Less

1 min read

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This spring, rents across the country have been decreasing slightly from month to month — with April’s median rent checking in at $1,967, or four dollars less than March’s median of $1,971 — according to a report published by Rent.com on May 17.

However, Colorado is bucking the decreasing trend.

Jon Leckie, a researcher with Rent, says the Centennial State has seen prices go up by a whopping 4.39 percent on a monthly basis since March. “It was one of the biggest monthly increases that we saw,” Leckie says of the change.

He adds that Rent typically expects to see a 2 to 4 percent increase each month, with anything above 4 percent being considered quite high. Leckie also points out that rent increases from March 2021 to the present have added up to about a $300 total…

Catie Cheshire

2023-05-19 05:59:00

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