Denver rent dropping for first time in 15 years. What does that actually mean for renters?

When Cassie Welch Rubin moved to Denver in 2022, she paid $1,400 a month for a bug-infested, rundown studio apartment in University Hills, a neighborhood she hated. To get to her job, she took a two-hour bus ride each way.

This year, Rubin left her University Hills studio for a one-bedroom in Capitol Hill. She’s still paying $1,400 – but for a larger place in a central Denver neighborhood.

“I’m really happy with the location,” she said…

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