Costs Are Ticking Up In Aurora And Colorado Springs

Dated: 04/06/2017

Views: 109

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!

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My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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