Ten Most Expensive Neighborhoods for Rent in Denver This Fall

Once again, there’s good news and bad news in Zumper’s latest report about rent prices in Denver, this one focusing on the fall of 2017. The good news is that the average cost of renting a one-bedroom apartment in the ten most expensive Denver neighborhoods right now is typically down from the levels we documented in our spring and summer roundups. The bad news is that median rent for a one-bedroom in the most sought-after location is up by more than $100, bringing the cost to a jaw-slackening $2,000 per month.

The rental market in the Mile High City is clearly volatile at present. Note that by Zumper’s calculations, the average price for a one-bedroom in Athmar Park ($1,100) and Capitol Hill ($1,275) are both up around 12 percent.

In contrast, median one-bedroom rent has dipped more than 10 percent in Berkeley ($1,200) and Sunnyside ($1,175). And one-bedrooms in four of the ten most expensive neighborhoods has tumbled by more than a Franklin in the last three months.

Below, we’ve got photo-illustrated facts and figures for the Denver neighborhoods with the most expensive rent this fall, with direct comparisons to the data from this spring and summer. Continue for the sometimes good/sometimes bad news.

Number 10: Stapleton

Average rent for a one-bedroom apartment in Spring 2017: $1,400

Average rent for a one-bedroom apartment in Summer 2017: $1,439

Average rent for a one-bedroom apartment in Fall 2017: $1,470

Increase/decrease: +$70 (Spring), +$31 (Summer)

Number 9: Lincoln Park

Average rent for a one-bedroom apartment in Spring 2017: $1,490

Average rent for a one-bedroom apartment in Fall 2017: $1,500

Increase/decrease: +$10 (Spring), -$100 (Summer)

Number 7 (tie): Cherry Creek

Average rent for a one-bedroom apartment in Spring 2017: $1,700

Average rent for a one-bedroom apartment in Fall 2017: $1,550

Increase/decrease: -$150 (Spring), -$119 (Summer)

Number 7 (tie): Baker

Average rent for a one-bedroom apartment in Spring 2017: $1,500

Average rent for a one-bedroom apartment in Summer 2017: $1,694

Average rent for a one-bedroom apartment in Fall 2017: $1,550

Increase/decrease: +$50 (Spring), -$144 (Summer)

Number 6: Five Points

Average rent for a one-bedroom apartment in Spring 2017: $1,590

Average rent for a one-bedroom apartment in Summer 2017: $1,640

Average rent for a one-bedroom apartment in Fall 2017: $1,600

Increase/decrease: +$10 (Spring), -$40 (Summer)

Number 5: Highland

Average rent for a one-bedroom apartment in Spring 2017: $1,575

Average rent for a one-bedroom apartment in Summer 2017: $1,761

Average rent for a one-bedroom apartment in Fall 2017: $1,660

Increase/decrease: +$85 (Spring), -$101 (Summer)

Number 4: LoDo

Average rent for a one-bedroom apartment in Spring 2017: $1,870

Average rent for a one-bedroom apartment in Summer 2017: $1,716

Average rent for a one-bedroom apartment in Fall 2017: $1,750

Increase/decrease: -$120 (Spring), +$34 (Summer)

Number 3: Belcaro

Average rent for a one-bedroom apartment in Spring 2017: $1,750

Average rent for a one-bedroom apartment in Summer 2017: $1,926

Average rent for a one-bedroom apartment in Fall 2017: $1,800

Increase/decrease: +$50 (Spring), -$126 (Summer)

Number 2: Golden Triangle

Average rent for a one-bedroom apartment in Spring 2017: $2,090

Average rent for a one-bedroom apartment in Summer 2017: $1,958

Average rent for a one-bedroom apartment in Fall 2017: $2,000

Increase/decrease: -$90 (Spring), +$42 (Summer)

Number 1: Central Business District

Average rent for a one-bedroom apartment in Spring 2017: $1,950

Average rent for a one-bedroom apartment in Summer 2017: $1,898

Average rent for a one-bedroom apartment in Fall 2017: $2,000

Increase/decrease: +$50 (Spring), +$102 (Summer)