Median rents in Aurora jumped 73 percent between 2010 and 2019, from $1,190 to $2,060, putting the Denver suburb at the top of a list tracking changes in housing costs in 100 large cities.
Denver came in fourth with a median rent increase of 48 percent from $1,194 to $1,766. Colorado and California were the only states with more than one city in the top 10 of the list compiled by the real estate company Property Club. The company based its findings on data from another real estate company, Zillow, and the census. In California, San Jose was No. 3 with a 49 percent increase to $3,300 and San Francisco was 10th with a 38 percent hike to $3,137.
Aurora’s 73 percent rise was significantly faster than others in the top 10. At No. 2 was Boise, Idaho, where the median rent rose 53 percent from $865 to $1,326. What many of the top 10 cities shared was relatively low rents to start, leaving plenty of room for sharp rises.
Nationally, the median went up 21.3 percent from $1,303 in 2010 to $1,581 in 2019.