Rocky Mountain Voice

Rent on the rise: Report shows annual increase in Denver

By Spencer Kristensen | KDVR

Data released from the rental website Zumper has revealed that the price of rent is increasing nationally.

Rent for a one-bedroom apartment has increased by 1.6% across the U.S. with a median price of $1,534. While two-bedroom apartments have jumped up by 2.7% and cost $1,915.

Locally, no Colorado city appeared in the top 20 cities in this list, with Denver missing out coming in at the 21st spot. Denver had a median one-bedroom price of $1,850 which is a 1.6% uptick in price from last year and two-bedroom median prices at $2,470, which was also a 1.6% increase.

Only three Colorado cities could be found in the top 100 cities: Denver ranked 21, Aurora ranked 34, and Colorado Springs ranked 68.

READ THE FULL STORY AT KDVR

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