DENVER – The price of renting in Denver continued to inch upward final month.
Rental itemizing website ApartmentList stories that general, rents have been up zero.three % in August within the Mile Excessive Metropolis. That places the median value of a 1-bed room rental at $1,070 per thirty days and a 2-bed room rental goes for $1,350.
In comparison with the identical time final yr, rents have been up three %, which is decrease than the statewide common of three.eight % however proper on par with nationwide developments.
Lone Tree, which has the very best median rents within the metro space, noticed the most important month-to-month improve in lease, leaping 1.5 % to a median of $2,050 for a 2-bed room unit. Littleton, however, noticed a lower of zero.three %, dropping to $1,840 for a 2-bed room.
Sacramento, California noticed the most important yr-over-yr lease will increase at 9.four %, adopted by Arlington, Texas and Reno, Nevada, in response to ApartmentList.
To learn the complete report, go online to apartmentlist.com.