This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
DENVER (KDVR) — The newest rent report out from RentCafé shows that Denver rent has topped $1,850 on average for an 842-square-foot apartment.
The most expensive neighborhood to rent an apartment is LoDo. RentCafé said the average cost of an apartment in that area is $2,407.
Here are the 10 cheapest neighborhoods to rent an apartment on average in Denver, according to RentCafé:
- Westwood: $1,160
- Mar Lee: $1,160
- Barnum: $1,160
- Chaffee Park: $1,399
- Regis: $1,431
- Harvey Park South: $1,537
- Hampden: $1,540
- Washington Virginia Vale: $1,543
- Virginia Village: $1,559
- Goldsmith: $1,567
Rent analysts at RentCafé and Yardi Matrix said a massive number of new apartments are coming on board in the Mile High City in the coming months that will help stabilize rent prices.