Apartments in Amherst Denver

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Lakewood Crossing

1852 S Wadsworth Blvd Denver, CO

1 - 2 BR | Available Now

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8

$1,095

3145 W Arkansas Ave

Denver, CO

1 BR | Ask for Availability

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8

$1,195 - 1,295

3145 W Arkansas Ave

Denver, CO

1 BR | Jun. 20, 2024

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26

$2,650

1431 S Eliot St

Denver, CO

3 BR | Available Now

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25

$1,815 - 3,280

Windsor At Pinehurst

3950 Wadsworth Blvd S Lakewood, CO

1 - 3 BR | Available Now

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25

$1,475 - 3,555

Windsor At Pinehurst

3950 S Wadsworth Blvd Lakewood, CO

1 - 3 BR | Available Now

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Section 8

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18

$1,323 - 2,000

Marston Pointe

7875 W. Mansfield Parkway Lakewood, CO

1 - 2 BR | Ask for Availability

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Section 8

Balcony/Deck/Patio

18

$1,023 - 1,750

Marston Pointe

7875 W Mansfield Parkway Lakewood, CO

1 - 3 BR | Available Now

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21

$2,400

1246 S Clay St

Denver, CO

2 BR | Available Now

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Ruby Hill

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Denver:
May Rent Report

Welcome to the May 2024 Denver Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Denver rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Denver and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Denver average rent prices in the chart below.

Monthly Rent Report

$2,350

$1,760

$1,180

$590

$0

Apr. 2023

May. 2023

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

1 BR 2 BR

Denver Rent Prices Decrease From April to May

Denver rent prices decreased over the last month. From April to May, the city experienced a -0.18% decrease for the price of a one-bedroom apartment. The rent price for a Denver one-bedroom apartments currently stands at $1,705.0.

When we take a look at the two-bedroom comparison from April to May, Denver experienced a 0.61% increase for the price of a two-bedroom apartment. The rent price for a Denver two-bedroom apartments currently stands at $2,294.0.

May Prices: Denver vs. Surrounding Areas

Westminster, CO

Littleton, CO

Thornton, CO

Englewood, CO

Denver, CO

Lakewood, CO

Northglenn, CO

Aurora, CO

$1,818

$1,790

$1,778

$1,740

$1,698

$1,663

$1,549

$1,483

$0

$600

$1,200

$1,800

$2,400

Median 1 BR Rent

Rent Prices in Denver and Surrounding Areas

Rent prices have decreased in Denver over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Denver suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Lakewood, CO, Littleton, CO, Englewood, CO, Westminster, CO, Thornton, CO .
Rent decreased in Aurora, CO, Northglenn, CO.
4 suburbs are currently priced higher than the city of Denver.
3 suburbs are currently priced lower than the city of Denver.

May 2024 Pricing Trends: Denver vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Denver, CO

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,698

$1,300

$1,283

$1,178

$0

$1,350

$2,700

$4,050

$5,400

Median Rent

Denver Rent Prices More Affordable Than Major Cities

Rent growth in Denver over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Denver average rent prices appear to be relatively affordable for local residents.

The price for a Denver one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Denver and surrounding area rent prices, take a look at the complete data set below.

Data set for Denver and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change
Denver, CO	$1,698.0	-0.41%	$2,303.0	0.39%
Aurora, CO	$1,483.0	0.00%	$1,842.0	-0.11%
Lakewood, CO	$1,663.0	0.24%	$1,855.0	-0.54%
Littleton, CO	$1,790.0	0.51%	$2,211.0	-0.18%
Englewood, CO	$1,740.0	0.11%	$2,171.0	1.26%
Westminster, CO	$1,818.0	1.39%	$2,197.0	1.53%
Thornton, CO	$1,778.0	0.91%	$2,021.0	1.15%
Northglenn, CO	$1,549.0	-0.51%	$1,915.0	0.63%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.