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.
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.
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