Rental market snapshot for Five Points, Denver
Five Points rental market summary
The rental market in Five Points, Colorado is showing signs of growth. In July 2023, there were 693 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,149, a 5.3% decrease from the previous month and a 2.3% increase from the same time last year. This suggests that the rental market in Five Points is becoming more competitive, with more people looking for housing and landlords offering lower prices to attract tenants.
Overall, the rental market in Five Points appears to be on the rise. The number of new listings is increasing, and the median rent is slowly increasing as well. This indicates that the rental market in Five Points is becoming more attractive to potential tenants, and landlords are responding by offering lower prices to attract more renters. With more people looking for housing in the area, the rental market in Five Points is likely to continue to grow in the coming months.
Median rent for all residential properties in Five Points
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The most expensive listings and top trending buildings in Five Points
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2000 Little Raven PH1 | $14,400 | 2 / 2.0 |
| 2100 Welton St | $5,512 | 3 / 2.0 |
| 2100 Welton St | $5,373 | 3 / 2.0 |
| 2900 Inca St | $5,099 | 3 / 3.5 |
| 2130 Arapahoe St | $4,164 | 3 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| X Co | $2,483 |
| Camden | $2,315 |
| AMLI Residential | $2,306 |
| Kairoi Residential | $2,295 |
| Zillow Rental Network | $2,265 |
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Bedroom Breakdown in Five Points
Five Points neighborhood apartments rents
The rental market for studios in Five Points, Colorado is showing signs of growth. In July 2023, there were 76 new studio listings, a 1.7% increase from the median rent in June 2023. The median rent for studios in July 2023 was $1,635, a slight decrease from the median rent in June 2023 of $1,662. This indicates that the rental market for studios in Five Points is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Five Points, Colorado is showing signs of growth. In July 2023, there were 152 new 1-bedroom listings, a significant increase from the previous month. The median rent for 1-bedroom apartments also increased by 1.6%, from $2,012 in June 2023 to $2,044 in July 2023. This indicates that the rental market in Five Points is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Five Points, Colorado is showing signs of growth. In July 2023, there were 104 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,878, which is a 2.6% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Five Points, Colorado is looking positive.