Colorado Springs. Kansas City. Boulder.
Those are the most popular destinations Denver apartment seekers were looking to move to in 2022, according to new data from the online rental market Apartment list.
Of Denver-based apartment seekers, 48% were looking at homes outside the metro area.
Still, a lot of people are hoping to move to Mile High from out of state, with 41% of the apartment searches for Denver coming from other cities, with Dallas, New York and Boulder topping the list.
The data is based on millions of Apartment List searches from people who registered for the site in 2022.
One issue cities are facing is that long-distance movers generally have larger budgets than the renters in the places they're moving to, according to Apartment List's Migration Report. For in-state rent hunters, they typically have 5.5% higher income than locals. And cross-state movers typically have 11.5% higher income.
"This dynamic means that markets experiencing an influx of new renters are likely to face increased affordability challenges," the report stated. "This has been particularly true since the start of the pandemic, as remote work has enabled a surge in domestic migration."
