Costs Are Ticking Up In Aurora And Colorado Springs

Dated: 04/06/2017

Views: 80

Highlands Ranch reported the most expensive median rent for two-bedroom apartments last month in the metro area, at $1,850, beating out Denver at $1,730 a month, according to a report Monday from ApartmentList.


But within Denver proper, the Five Points neighborhood reported the highest median two-bedroom rent at $2,130 a month, according to ApartmentList, a Bay Area company that aggregates online apartment listings.

ApartmentList found that metro Denver apartment rents are up a modest 1 percent year-over-year in March versus a 2.1 percent gain for Colorado as a whole. Centennial had some of the strongest gains, with a 7.6 percent increase in rents compared to a year earlier. Median rents on one-bedrooms there ran $1,460 a month, while two-bedrooms were at $1,700.Image title

Aurora showed a 3 percent gain in rents, but it remains among the more affordable pockets in the metro area. The median rent on a one-bedroom is $1,060, while a two-bedroom is at $1,390.

Colorado Springs remains a relative bargain, with listings for one-bedroom apartments last month carrying a median rent of $820 a month and two-bedrooms going for a median rent of $1,010. Apartment rents there rose 3.6 percent, according to ApartmentList.



Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

eNewsletter Sign Up

Blog author image

Michael Steffen

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area. I specialize in advanced marketing, buying, selling and investing for seasoned, as well as first time....

Want to Advertise on this Site?

Latest Blog Posts

Gorgeous Condo 5 Minutes From The Lake Under 250k

Gorgeous well maintained condo off of C470 and Wads. Quick 5 minutes to the entrance of Chatfield Reservoir. Swim beaches, campground, recreational ponds for paddle boarding, canoeing, kayaking

Read More

Open House In Crystal Valley Ranch Castle Rock

You have to come see this model-like home in the new Crystal Valley Ranch community.  Only one year old, this home is great for those looking for a quiet and secluded neighborhood full of

Read More

New Friday Listings In Parker Colorado

Take a look at this great new listing in Parker, Colorado! This home offers 3 beds, 3 baths, and over 3000 total sq. ft. Call, text, or email me with any

Read More

Denver Open Houses This Weekend Under 500K

OPEN HOUSES IN DENVER THIS WEEKEND#OPENHOUSEDENVERHere is a list of all Open Houses from the MLS this weekend. Feel free to check out our Featured home too! Location for the featured PropertyBe Sure

Read More