Over the past 3-6 months, Denver's rental market has seen a slight decline in prices, with average rents dropping by approximately 2-5% across most unit types. This decrease is largely due to an increase in available rental inventory, slowing migration trends, and economic factors that have tempered demand. Additionally, seasonal trends have played a role, as colder months typically see less rental activity, leading to price adjustments. As of Q1 2025, the median rent for a one-bedroom apartment in Denver stands at approximately $1,647.
Boulder
Over the past 3-6 months, Boulder’s rental market has experienced a slight decline, with average rents decreasing by approximately 1-3%. This shift is primarily driven by a cooling demand as more renters opt for surrounding suburbs, along with an increase in rental supply from newly developed units. Additionally, economic factors and seasonal rental patterns have contributed to softer pricing in recent months. As of Q1 2025, the median rent for a one-bedroom apartment in Boulder stands at approximately $1,879.
Apartment listings
(Data sourced from Apartments.com)