Denver ranks as 16th most expensive rental market in Zumper report

DENVER — Get ready to pay up to rent a one-bedroom unit in Denver — the price has gone up again. But there is good news: The price for two-bedrooms units has dropped.

Denver jumped four spots on the Zumper November national rent report to become the 16th most expensive city to rent.

One-bedroom median rent prices grew 3.7 percent from the previous month’s report to $1,390, while two bedrooms fell 2.8 percent to $1,750.

On a year-over-year basis, one-bedroom rent is up more than 10 percent in Denver.

The report covers 100 cities nationwide. Overall, the national one-bedroom rent dropped 1.4 percent to $1,175, while two bedrooms decreased 0.7 percent to $1,391.

The most expensive cities for one-bedroom rent prices were:

  1. San Francisco: $3,420
  2. New York: $2,870
  3. San Jose, California: $2,360
  4. Washington: $2,290
  5. Boston: $2,200
  6. Los Angeles: $2,100
  7. Oakland, California: $1,960
  8. Seattle: $1,800
  9. Miami: $1,750
  10. Honolulu: $1,730