Why Are You Still Renting

Dated: September 4 2015

Views: 408

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!

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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....

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