Denver Rents Plummet as Costs in Suburbs Keep Rising
A new report reveals that rent in Denver fell by more than 5 percent in 2020 — the biggest drop in a decade — even as prices in many parts of the metro area have increased. The data suggests that the exodus from the Mile High City to the suburbs is continuing. And while fallout from the COVID-19 pandemic is definitely a factor in this phenomenon, it's hardly the only one. The February 2021 Denver rent report from Apartment List reveals that rent dipped 0.3 percent from December 2020 to January 2021, the most recent month for which data is available, and 5.5 percent over the previous yea...
Source: westword.com