Colorado Springs And Denver See Large Rent Increases

January 8, 2016
Denver and Colorado Springs had some of the biggest increases in apartment rents in the country, according to the market research firm Reis. 
Denver renters are paying about 7 percent more for apartments over the last 12 months. Though it may be comfort to low income renters, the city is still a bargain compared to other areas. It ranked 28th in the country for average rents.
But Colorado Springs has seen a wild swing in rent increases. It ranked 68th in the country in 2014. Last year it was in the top 10.
The cities were the only non-coastal regions ranking in the top 10 for apartment rent growth.  Only a few metro areas had stronger rent growth, places like San Francisco, Seattle and Portland. 

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