Metro Denver rents continued to rise in July, climbing 0.2 percent from the month before and increasing 3.2 percent from July of 2015. But the increase seems tiny compared to the run up in Colorado Springs, where rents are up 10.4 percent from last year, according to Apartment List.

Colorado Springs rents jumped the most in the nation, with Seattle, up 8.4 percent, Reno, Nev., rising 8.3, and Vancouver, Wash., at 8.2 percent, not too far behind.

Nationwide, median rent was up 2.1 percent. The national median is $1,300 for a two-bedroom apartment and $1,120 for a one-bedroom apartment.

“It’s nice that the rent in Denver is still rising faster than the national average but it’s nice that it slowed down a little bit,” said Andrew Woo, director of data science and growth at Apartment List. “We’re still seeing some of those crazy numbers in other cities like Seattle, even cities like Dallas are going really, really fast.”

Apartment List reports rent prices monthly, using data collected from listings on its website for one- and two-bedroom units during specific time periods. Some listings include apartment developers offering rent concessions.

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Denver ties Boulder for the most expensive rent in the metro area where two-bedroom apartments in both cities have a median price of $1,800. The median cost for a one-bedroom apartment in Denver is $1,330, which is lower than Boulder’s $1,450. Rents in the northern city grew by 0.3 percent between June and July and 2.5 percent over the year.

LoDo is the most expensive Denver neighborhood, where a two-bedroom apartment runs $3,300 or about 83 percent more than the metro median. The median LoDo one-bedroom is $1,450. Highland is the second most expensive neighborhood, where renters can expect to pay $2,390 for a two-bedroom and $1,740 for a one-bedroom.

Despite Colorado Springs massive growth in rent — up 1.5 percent between June and July — the median cost for a two-bedroom apartment is $1,300. The median cost of a one-bedroom in Colorado Springs is $1,120.

Woo said many millennials are moving to Denver, in part because there is a high quality of living and because they’ve been priced out of coastal cities such as San Francisco and New York. There is also an attractive job market, which he said can fuel the rent increases as better-paying jobs mean more people can afford expensive apartments.

If rent growth stays within 2 percent to 4 percent, Woo said it is manageable for renters given that inflation is about 2 percent a year. Problems really arise when rent starts increasing by 6 percent to 8 percent.

“I don’t think rising rents are really ever a welcome phenomenon if you are a renter,” Woo said, adding that it can be particularly difficult for long-time residents who don’t have well-paying jobs. “In general, though, I think rent prices are usually a good news for renters.”