August rent prices in Denver are down slightly from July
Apartment List calculates the August median for a two-bedroom at $1,342; Zumper puts it at $1,950.
The 7S apartment building on 7th Avenue in Capitol Hill, Nov. 27, 2018. (Kevin J. Beaty/Denverite)
The median rent for a two-bedroom apartment in Denver in August of $1,342 was down slightly from July, continuing a trend that the online real estate company Apartment List has reported since the coronavirus led to an economic slowdown.
Apartment List said the median has fallen 1.2 percent since the start of the pandemic in March. This August’s median of $1,342 was 1.7 percent less than August of 2019.
The national Apartment List estimates are based on data from both the Census and the company’s own listings.
Zumper, another online real estate company, looks at its own and other listings in hundreds of cities across the country. For August, Zumper calculated Denver’s median two-bedroom rent at $1,950, up 2 percent from the previous month and down 2.5 percent from August of 2019.
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