Rental prices in Denver have decreased for the seventh month in a row, making the city’s rent 5.2% lower than this time last year, according to a report by Apartment List.

Currently, median rents in Denver are $1,277 for a one-bedroom apartment and $1,564 for a two-bedroom.

Denver’s rent prices have decreased every month since March when the COVID-19 pandemic first hit the state. The prices have declined by 0.8% since last month, the report found.

The report points to remote work as a cause for the decrease, as workers are moving away from larger cities that they previously needed close access to for work.

“There is evidence that a growing embrace of remote work will outlast the pandemic, which could significantly alter the housing choices of workers in these flexible arrangements,” the report said. “We’re seeing a sharp drop-off in demand for expensive rental units.”

Denver’s rent prices have been hit harder than the state on average.

Colorado’s average rent prices have fallen by only 1.7% since last year, compared to Denver’s 5.2%, the report found. The national decrease is even lower, at 1.4%.

Of the 10 largest cities in the Denver metro area, half have seen rent increases and half have seen decreases since the pandemic began.

Compared to this time last year, rent prices have increased in Aurora, Thornton, Westminster, Parker and Littleton. Prices have decreased in Denver, Arvada, Broomfield, Englewood and Lone Tree.

Of the 100 largest cities in the country, 41 reported rent decreases since March and 63 reported slower year-over-year rent growth than last year.

During the same months last year, only five of the largest 100 cities saw rent decreases and only two had decreases of over 1%.

The full report is available at apartmentlist.com.