Rental Market Reports > Apartment Reports > Denver, CO
Q1 2023 - Rental Market Report
Summary
This rental market report looks at how Denver, CO apartment rent prices have changed in Q1 2023.
According to our data, two-bedroom rent prices increased the most at 22% while one-bedroom apartments had the smallest increase of 17%.
Year-Over-Year Change in Average Rents: 1-3 Bedroom Apartments
Rent prices in 1-3 bedroom types in Denver, Colorado experienced the following year-over-year rent increases in Q1 2023:
- 1-Bedroom: 17%
- 2-Bedroom: 22%
- 3-Bedroom: 19%
Year-Over-Year Average Rent: 1-3 Bedroom Apartments
Below are the average rent prices for 1-3 bedroom apartments in Q1 2023 for Denver, Colorado.
- 1-Bedroom: $1,919
- 2-Bedroom: $2,579
- 3-Bedroom: $3,006
Methodology
Geography: This report analyzes rents in Denver, Colorado
Property Type: One, two, and three-bedroom apartments with all bathroom counts.
Analysis: Rent data was analyzed year-over-year for each bedroom count.
Data: New rents collected at the beginning and end of each quarter reported, excluding outliers below $500 and above $10,000.
Check rent prices in your market at www.rentometer.com
Please note the research and data included in this report is aggregated from a variety of sources and many are third parties that are not affiliated with Rentometer, Inc. The information is believed to be accurate, but Rentometer, Inc. does not provide a warranty of any kind, either expressed or implied.