Monday, January 4, 2016

Renting in Colorado costs a bundle

Posted By on Mon, Jan 4, 2016 at 3:34 PM

Apartment List has just released its latest Colorado Rent Report, which shows rents in Colorado are growing faster than the national average. Some highlights:

• Boulder is Colorado’s most expensive city with an average 2 bedroom price of $2,010.
• A 2 bedroom unit in Colorado averaged $1,320 for the month of December.
• Colorado rents are growing at a rate of 3.9%, in comparison to a national average growth of 2.7%.

click to enlarge screen_shot_2016-01-04_at_3.20.54_pm.png

Colorado Springs ranked significantly lower, reporting rent of a two-bedroom at $930, according to the report.

But according to, a two-bedroom rents for $999, a 35-percent increase since 2009.

This is why apartment projects have been popping up all over the city, including a big complex at Woodmen Road and Union Boulevard, and several projects are planned for downtown. There's also a huge project in the works for the site of Bates Elementary just south of the University of Colorado at Colorado Springs.

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