Sorry, Denver-area renters.
provide the numbers. From last November to December in Denver, rent dropped by 1.1 percent, more than double the 0.4 percent dip from October to November. But the pace slowed in January, when Denver's median rent went down by only 0.2 percent, and since then, there have been three consecutive increases: 0.3 percent in February, 0.6 percent in March and now, 1.0 percent in April.
Denver's rent hike of 14.1 percent since this time last year is actually lower than the state average of 14.8 percent and the national average of 16.3 percent. But the city's one-bedroom median rent of $1,500 and the two-bedroom median rent of $1,840 are both up $20 from March. Still, Denver's two-bedroom rate last month was lower than in seven suburbs. Median two-bedroom prices exceeded Denver's in Englewood , Littleton and Westminster , Thornton , Parker , Broomfield and Lone Tree . The prices in all of these locations rose between $20 and $40 in a month.
The 1.0 percent monthly bump in Denver was equaled by Lone Tree and outpaced by nine other communities spotlighted in the graphic below. The jumps in the north metro suburbs were substantial: In March, only Thornton saw a rent rise of 2.0 percent. In April, four cities met or exceeded that mark: 2.0 percent in Brighton and Westminster, 2.2 percent in Thornton and 2.6 percent in Arvada.In Boulder proper, rent went up 1.1 percent in April, the same amount as in March.
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