Survey: Rising housing costs have Denver renters looking to move out of city
DENVER – The rising cost of housing in Denver is prompting many renters to search for new opportunities in different cities. That’s according to the latest analysis from rental listing website ApartmentList , which asked its users if they were looking to relocate and why. Nationally, survey respondents said job opportunities were the biggest reason for moving to a new city or state, but in Denver, affordability was key. Sixty-seven percent of Denver renters surveyed said they wanted to relocate to a new city, with 48 percent citing affordability as the biggest reason for wanting to leave, according to ApartmentList. Twenty-two percent said job opportunities were taking them elsewhere. The next biggest reasons – safety and commute time – each accounted for just 6 percent of responses. Rents have been steadily climbing in Denver and the surrounding area. The median cost of a 2-bedroom apartment or house in Denver proper rose to $1,350 in July, up 2.7 percent compared to the same time ...