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The median rent in the Denver metro area rose to a fourth
quarter high of $870, rising 2.8 percent year over year,
according to the Colorado Division of Housing.
Rents have increased steadily since 2009. "As of the fourth quarter of 2011, the present
period is poised to produce more robust rent growth than was experienced at any
time during the last expansion between 2002 and 2008." says CDOH.
The areas with the
highest rents are in Douglas County and the Boulder/Broomfield areas. Jefferson County and Arapahoe County have the
lowest.
Investors are
entering the market, buying rental properties all along the Front Range area due to low vacancy rates and rising rents.
Read the full story
at CDOH.
Image Source: CDOH
Posted on February 15, 2012 12:16:16 by IPTV.Boyz
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