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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.


Pricing for rentals in Boulder have fluctuated over the last 3 months with an overall increase in pricing for both 1 and 3 bedroom units and a decrease in studio and 2 bedroom unit pricing. Rental rates are higher in Boulder than surrounding areas because many tech companies have moved to Boulder which is affecting both pricing and inventory. The median rent for Boulder is $1,902, 21% higher than the national average.

Apartment Options


  • Studio
  • Sq Ft: 507
  • Rent: $1,393

Proximo at Pena Station

  • 1 bedroom / 1 bath
  • Sq Ft: 582
  • Rent: $1,665

Marlon at Central Park

  • 2 bedroom/2 bath
  • Sq Ft: 1,023
  • Rent: $2,435

X Denver 2

  • 3 bedroom/3 bath
  • Sq Ft: 1958
  • Rent: $3,580


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