The average rent for a 1 bedroom apartment in Denver is $1,863, while the average rent for a 2 bedroom apartment is $2,498.
Rent rates updated 25 days ago. Averages are based on the rental prices of properties listed on Apartment List.
Arrive 800 Penn
answered on February 20 2025 by jacqueline g.
X-Denver
answered on February 19 2025 by Celia G.
Glendale
answered on February 21 2025 by Lynn W.
Aurora
answered on February 20 2025 by Coalton H.
GM properties are the most affordable and cleanest that I've rented from.
answered on February 21 2025 by S B.
The Marx, I don't pay attention to management names.
answered on February 21 2025 by Lynn W.
Tamarac
answered on February 21 2025 by S B.
The Crestone is very reasonable for the apartment rent. I feel the garage is over priced.
answered on February 21 2025 by Lynn W.
Apartment List has released Denver’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.
"Denver renters expressed general satisfaction with the city overall," according to Apartment List. "With expensive rents in tech hubs, it comes as no surprise that cost of living is a source of dissatisfaction in Denver."
Welcome to the Apartment List May 2025 Rent Report for Denver, CO. Currently, the overall median rent in the city stands at $1,675, after rising 1.1% last month. Prices remain down 5.7% year-over-year. Read on to learn more about what’s been happening in the Denver rental market and how it compares to trends throughout the broader Denver metro area and the nation as a whole.
The median rent in Denver rose by 1.1% over the course of April, and has now decreased by a total of 5.7% over the past 12 months. Denver’s rent growth over the past year has has fallen behind both the state (-4.3%) and national averages (-0.3%).
Four months into the year, rents in Denver have risen 1.7%. This is a similar rate of growth compared to what the city was experiencing at this point last year: from January to April 2024 rents had increased 2.1%.
Denver rents went up 1.1% in the past month, compared to the national rate of 0.5%. Among the nation's 100 largest cities, this ranks #12. Similar monthly rent growth took place in New York City, NY (1.1%) and Philadelphia, PA (1.1%).
Citywide, the median rent currently stands at $1,481 for a 1-bedroom apartment and $1,846 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $1,675. That ranks #31 in the nation, among the country's 100 largest cities.
For comparison, the median rent across the nation as a whole is $1,223 for a 1-bedroom, $1,378 for a 2-bedroom, and $1,392 overall. The median rent in Denver is 20.3% higher than the national, and is similar to the prices you would find in Plano, TX ($1,676) and Sacramento, CA ($1,666).
If we expand our view to the wider Denver metro area, the median rent is $1,700 meaning that the median price in Denver proper ($1,675) is 1.5% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -4.7%, above the rate of rent growth within just the city.
The table below shows the latest rent stats for 19 cities in the Denver metro area that are included in our database. Among them, Highlands Ranch is currently the most expensive, with a median rent of $2,359. Englewood is the metro’s most affordable city, with a median rent of $1,462. The metro's fastest annual rent growth is occurring in Highlands Ranch (1.0%) while the slowest is in Aurora (-7.0%).
You can also use the map below to explore the latest rent trends in the Denver metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, capturing apartment transactions over time to provide an accurate picture of rent growth in cities across the country. Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.