Why Are You Still Renting

Dated: 09/04/2015

Views: 401

Denver-area rents are rising at more than twice the national average, according to a report Tuesday by Apartment List. Rents across the metro area increased 6.9 percent since August 2014, compared with 2.3 percent nationwide.

Last month, a median two-bedroom apartment in Denver was renting for $1,550, a year-over-year increase of 5.3 percent.

That's actually less than the going rate in Broomfield and Centennial, where the median price tag for a two-bedroom apartment hit $1,800 and $1,630, respectively.

It was Westminster, Englewood, Littleton and Thornton, however, that experienced the biggest year-over-year percentage increases of anywhere in the metro area.

Rents for two-bedroom units in Westminster have jumped 13.7 percent over the last year to $1,420. Englewood has seen increases of 11.1 percent to $1,400, while Littleton rose 10.7 percent to $1,500 and Thornton 10.4 percent to $1,290.

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!

Blog author image

Generation Property Group

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....

Latest Blog Posts

Neighborhood of the Week! Wash Park!

Our featured neighborhood of the week is Washington Park! With luscious landscaping, two lakes, and friendly atmosphere we think Wash Park is the absolute prime location for Denver Real Estate.

Read More

Take a Hike!

As much as we love the Denver real estate market we also love spending time with our loved ones outdoors! Here are our top favorite hiking trails not far from Denver. Lair O the Bear A

Read More

Top Home Decor Trends for 2020

If you love decorating your home as much as we do, you'll love these Denver real estate market trends for 2020.Spice Up The Bathroom.Since bathrooms are typically small.. it's a great space to

Read More

When Should I Buy A Home?

When is a good time to buy a home? We always say.. the best time to buy a home is when you can afford it. Buyers should always explore their loan options by taking a look at interest rates if they

Read More