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Focus Areas
Architecture
Arts and Culture
Community Change
Entrepreneurship and Innovation
Environment
Giving and Philanthropy
Health and Wellness
Higher Ed
Housing
Move to Denver
Music
Parks and Public Spaces
Real Estate Development
Talent
Transit
Places
Arapahoe Square
Art District on Santa Fe
Auraria
Baker
Ballpark
Capitol Hill
CBD
Central Platte Valley
Cherry Creek
City Park
Five Points
Golden Triangle
LoDo
RiNo
The Highlands
Theatre District
Uptown
Washington Park
Washington Park West
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Denver rents increase at fourth-fastest rate in U.S.
Eric Peterson
|
Thursday, November 20, 2014
| Source:
Apartment List Rentonomics
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Apartment List Rentonomics
reported Denver's rents increasing at the fourth-fastest rate of any U.S. city in the last year. Aurora was no. 1.
Excerpt:
Aurora and Denver:
Aurora saw the largest year over year rent increase of any major US city. 2 bedroom rents in this Denver suburb have increased 10.4% since October 2013. Denver has seen similar rent growth with a 6.5% annual increase in 2 bedroom rents. One factor driving this is a strong local economy. Unemployment in the Denver/Aurora metro has dropped from 6.2% to 4.0% over the last year – a 35% decrease. By contrast, national unemployment stills stands at a much higher 5.9%.
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Eric Peterson
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Eric is a Denver-based tech writer and guidebook wiz. Contact him
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.
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