Thursday, April 9, 2015

Not enough to go around!

The average rent for a one bedroom apartment in Denver is now $1250.00 with very limited amenities. To qualify in the rental market they now want you to make 3 times the amount of rent you pay making it almost impossible for a single person to rent. Many of these areas that are charging the $1250.00 are scarey high crime areas.

If you want a nicer area the rents are much higher. As the market gets tougher we are seeing more families as well as elderly and single middle aged people priced out of the rental market. There are no rent controlled building anywhere in the state.

They are able to do this because even though they are building at a furious pace there is less than 2% of housing available.  

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