Property prices for rent in Denver (Colorado)

The rent prices in real estate in Denver, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Denver has risen strongly during the last 6 months. In February, the average price per sq.feet was $2.02. In the following month the price per sq.feet rose considerably to $2.87. In the following two months the price per sq.feet has practically remained the same, going from $2.44 to $2.49 per sq.feet. The price per sq.feet has had a considerable rise of 131 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.47 to $3.22 during June, and July.

Average price

When referring to the price in Denver (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $1,624. During March the price went through a considerable rise reaching $1,985. During the following two months (April, May) the price has had an average rise from $1,804.5 to $1,980. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,892.25 and $1,913.5 between June and July.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,894 they are 6 % more affordable than the average price for Denver . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,495.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $5.62 / sq.feet, with an average $3.53 / sq.feet price in Denver. The properties with the most expensive average prices have 4 bedrooms. They are 135 % more expensive than the average followed by properties with 1 bedroom with a price at $7.18 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,894 it is 49 % more affordable than the average price in Denver. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,967 it is 56 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $4.38 / sq.feet followed by "Condo" priced at $8.15 / sq.feet. "Townhouse" is the most expensive type of property with a $161.06 / sq.feet value followed by "Office" with an average price of $10 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Denver
Number of properties used in region Colorado
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value