Rental market snapshot for Highland, Denver
Highland rental market summary
The rental market in Highland, Colorado is showing signs of growth. In July 2023, there were 230 new listings, a significant increase from the previous month. The median rent for July 2023 was $2,460, a 3.3% increase from June 2023 and a 2.5% increase from July 2022. This suggests that the rental market in Highland is becoming increasingly competitive, with more people looking to rent in the area.
The increasing median rent in Highland is likely due to the growing demand for rental properties in the area. With more people looking to rent in the area, landlords are able to increase their prices and still remain competitive. This is likely to continue in the future, as the demand for rental properties in Highland is expected to remain high.
Median rent for all residential properties in Highland
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The most expensive listings and top trending buildings in Highland
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3642 Mariposa St | $10,500 | 5 / 6.0 |
| 4619 W 35th Ave | $8,900 | 4 / 5.5 |
| 3422 Utica St | $6,995 | 4 / 4.0 |
| 1125 W 37th Ave | $5,495 | 3 / 4.0 |
| 3519 Tejon St | $5,480 | 3 / 4.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Mill Creek Residential Trust (new) | $2,883 |
| Cardinal Group Management and Advisory | $2,349 |
| Centerspace | $2,196 |
| Greystar* | $2,125 |
| Cornerstone Apartment Services | $1,460 |
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Bedroom Breakdown in Highland
Highland neighborhood apartments rents
The rental market for studios in Highland, Colorado is relatively stable. In July 2023, there were 14 new studio listings, with a median rent of $1,734. This is only a 0.9% increase from the median rent of $1,719 in June 2023. This indicates that the rental market for studios in Highland is not experiencing any significant changes in pricing.
The rental market for 1-bedroom apartments in Highland, Colorado is showing signs of growth. In July 2023, there were 36 new 1-bedroom listings, a 4.9% increase in median rent from June 2023 to July 2023, and a median rent of $2,077. This indicates that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Highland, Colorado is showing signs of growth. In July 2023, there were 19 new 2-bedroom listings, which is a 6.3% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,875, which is a 6.3% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.