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min read

Denver Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

After suffering a record breaking spike in prices during the pandemic, the Denver rental market cooled off a bit in 2024. Rental prices for Studio, 1 bedroom, and 2 bedroom units have flattened out over the last 6 months, whereas pricing has increased for 3 bedroom units. Denver has seen record numbers of new units come to market which has caused rental prices to flatten a bit. The median rent for Denver is $1,683, 11% higher than the national average.

Boulder

Over the past 3-6 months, rental prices in Boulder, CO have generally increased. The average rent for all apartment types in Boulder is now $2,186, up $115 month-over-month, reflecting a 5.54% increase from the previous month. This rise is partly driven by Boulder's limited housing supply and high demand, particularly in popular neighborhoods such as Downtown Boulder and North Boulder. The current median rent for an apartment in Boulder stands at $2,186.

Apartment Options

Cirrus

  • Studio
  • Sq Ft: 507
  • Rent: $1,466

Proximo at Pena Station

  • 1 bedroom / 1 bath
  • Sq Ft: 579
  • Rent: $1,635

Marlon at Central Park

  • 2 bedroom/2 bath
  • Sq Ft: 1,080
  • Rent: $2,765

X Denver 2

  • 3 bedroom/3 bath
  • Sq Ft: 1,958
  • Rent: $3,405

Relocity

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