Denver Is The 11th Most Expensive City To Rent

Dated: 08/31/2015

Views: 265

Can you believe Denver is the 11th most expensive city in the US to rent in?  It is only around $150 cheaper to rent in Denver than in cities such as New York.  The scary thing is Denver had the highest rent increase rate in the US and due to an extreme shortage of housing we are expecting to have double digit rent increase this year and 2016 as well.

According to Zillow, the online real estate database company founded by two former Microsoft executives, the numbers speak for themselves.  Data shows that U.S, renters spent a combined $441 billion on housing in 2014 with rents continuing to outpace incomes.

When looking at the 50 largest metros in the U.S. it is surprising to note that a comparison of average quantity renters paid per month ranked by city had San Jose, California leading the list with renters paying on average $1,807 per month.  The top 20 list of the most highly-priced metro areas for renters has four of the top five located in California with San Jose #1 ($1,807), San Francisco #2 (1,598) , San Diego #4 (1,362) and Los Angeles #5 ($1,308).  The only east coast city to break into the top five was Washington D.C. at number three at $1,428. 

Denver Co Real Estate- Luba Jeltov

I specialize in Denver Colorado and surrounding communities of metro Denver area. If you are selling your home I will make sure you get TOP dollar. If you are looking to purchase a home I will make sure that you get the best deal possible. Please contact me directly via phone or text at 303-817-6818.

Luba Jeltov
Exit Realty Chery Creek
Direct: 303-817-6818|

A complete list of the top 20:



Avg. Monthly

Rent Payment



Avg. Monthly

Rent Payment


San Jose, CA



Denver, CO



San Francisco, CA



Baltimore, MD



Washington, DC



Sacramento, CA



San Diego, CA



Austin, TX



Los Angeles, CA



Chicago, IL



New York, NY  



Portland, OR



Boston, MA



Virginia Beach, VA



Seattle, WA



Philadelphia, PA



Miami-Ft. Lauderdale, FL



Orlando, FL



Riverside, CA    



Minneapolis-St. Paul, MN


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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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