Reports can came out yesterday in Denver and surrounding area has the following median rents:
Arvada $2795
Aurora $2610
Castle Rock $3100
Commerce City $2680
Denver $2680
Golden $2623
Greenwood Village $3198
Highlands Ranch $2898
Lakewood $2100
Lone Tree $4000
Parker $3200
Thornton $2325
Wheat Ridge $2361
Rents sure have gone high in the area over the last 2 years.
Wow, we are seeing similar levels for rents, these are so high it is often cheaper to buy and build equity than pay the landlords mortgage for them.
Roy Kelley
Gaithersburg, MD
Will Hamm
Aurora, CO
Hello Nick, I can not believe how high rents are now compare to my first apartment back in the 70's
Wow, hope that the jobs are keeping up!
Roy Kelley
Gaithersburg, MD
Will Hamm
Aurora, CO
Hi Will,
Rents have gone up here too. The property taxes increased because of the appreciation of the homes so of course that added expense contributes to higher rent rates.
Will Hamm
Aurora, CO
Yes Will, we are seeing the same rent increases here on Long Island too. Better to buy and gain equity!
Lawrence "Larry" & She...
Plainview, NY
Gosh, Rents seem high in your area too, Will. But I was watching a video on Rentals in New York and I was shocked -- $5,000,...$10,000. per month and even more. And in viewing those New York rentals, I was surprised by the poor locations, minimal square footage, lack of elegance, etc.- for the monthly price tag. I knew NY would be high rental, but still shocked.
Wow, those rents are so high! It is definitely becoming more difficult to afford a decent lifestyle, haha.
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