Denver Market Rental Trends Report
Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
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Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
Over the past 3-6 months, rent prices in Denver, CO, have generally decreased by approximately 0.3% month-over-month. This slight decline is primarily due to increased rental supply and changing demand. Despite these declines, Denver's rental market remains competitive, but renters are seeing more favorable conditions compared to the past couple of years when prices surged. The current median rent in Denver is around $1,780 per month.
Boulder
Over the past 3-6 months, rental prices in Boulder, CO have generally increased. Although, we saw a dip in prices for 1 and 2-bedrooms as we entered the Spring and Summer months. This rise is primarily driven by Boulder's limited housing supply and high demand, particularly in popular neighborhoods such as Downtown Boulder and North Boulder. The current median rent for an apartment in Boulder stands at $2,195, which is $550 higher than the national median.
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