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Where have Denver-area rents risen the most? – Denver Business Journal

February 2, 2016 by The Lawson Knowlton Team

Colorado rents rose an average of 6.2 percent last year, and in Denver, they rose 4.6 percent.

Source: Where have Denver-area rents risen the most? – Denver Business Journal

That’s according to San Francisco research company Apartment List, which indicated that Westminster had the highest year-over-year growth of any Colorado city, up 14.5 percent from January 2015. A 2-bedroom in Westminster averages $1,480 while a 1-bedroom goes for $1,160.

Colorado rents rose an average of 6.2 percent last year, and in Denver, they rose 4.6 percent.

Colorado rents rose an average of 6.2 percent last year, and in Denver, they rose 4.6… more

Apartment List indicates that Boulder has the highest rents statewide with a two-bedroom median rent of $1,900, and one-bedroom rents there averaged $1,560. Boulder rents increased 2.7 percent in the past year.

Denver has the state’s second-most expensive rents, with an average two-bedroom price of $1,740, and an average one-bedroom price of $1,380.

Last month, it was reported that Denver rents are expected to go up only 4 percent in 2016, according to a report from Seattle online real estate companyZillow.

Filed Under: Uncategorized Tagged With: CO Apartment Building Sales and listings, Denver, Multi-family Apartments and other Residential Income properties currently on the market and sold

About The Lawson Knowlton Team

Our firm sells more apartment buildings in Denver and across Colorado than any other firm in the State. From 2007, Pinnacle Real Estate Advisors has accounted for 54% of apartment building sales in the Denver Metro area between 5 and 200 units. The Lawson-Knowlton Team has completed 100's of multifamily investment transactions, totaling more than $410 million.

Call Today to Discuss 303-962-9537

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