Denver Apartment Hunting: Brace Yourself for Sticker Shock (But Maybe Laugh a Little Too?)
Ah, Denver. Mile High City, craft beer paradise, and...landlord's dreamland? If you're thinking about renting an apartment in Denver, you might be wondering what kind of financial spelunking you're in for. Buckle up, because the answer depends on a few things that are about as predictable as Denver weather in July (one minute sunshine, next minute you're dodging hail).
The Big Rent Kahuna: Averages that Sting (But Maybe Not THAT Much)
Let's get down to brass tacks. The average rent in Denver hovers around the $1,700 mark. That's a hefty chunk of change, but compared to the national average of $1,533, it's not quite as scary. Still, it's enough to make you consider renting out a hammock in your friend's basement (hey, free rent is free rent, right?).
But Wait, There's More (and It Might Not Be Bad!)
Here's the good news: that average is just a starting point. Depending on your Denver dream digs, you could snag a steal:
QuickTip: Focus more on the ‘how’ than the ‘what’.
- Studio-sized shoebox: Thinking cozy? Studios come in at around $1,507 a month. Think Murphy bed, mini-fridge, and perfecting the art of showering without soaking everything.
- One-bedroom bachelor pad (or bachelorette haven): This is the sweet spot for most renters, clocking in at roughly $1,700. Enough space for an actual bed (and maybe even a couch that isn't from Craigslist!), but still friendly on the wallet.
- Two-bedroom roommate rumble: Splitting the cost with a roommate? A two-bedroom runs around $2,221, which is much more affordable when you divide it by two responsible roommates (emphasis on responsible).
Location, Location, Location (and Why it Matters More Than Your Aunt Linda's Opinions)
Now, here's where things get interesting. Denver's neighborhoods are like snowflakes: unique and can vary wildly in price. Thinking LoDo or Capitol Hill for that trendy vibe? Get ready to shell out closer to $2,000 or more. But venture out to Barnum or Mar Lee, and you might find a charming spot for under $1,300.
So, How Much Will Your Denver Apartment REALLY Cost?
The truth is, it depends on your priorities. Fancy high-rises with rooftop pools? Prepare to loosen your purse strings. Quirky converted lofts downtown? Those won't be cheap either. But if you're flexible and up for a bit of an adventure, you might find a hidden gem that won't break the bank.
Tip: Compare what you read here with other sources.
Here's the bottom line: Renting in Denver ain't cheap, but it's not always outrageous. Do your research, consider your must-haves (and your "would-be-nice-but-not-essentials"), and you might just find yourself with a killer Denver apartment (and maybe even some money leftover for that craft beer you've been eyeing).
How Much Is It To Rent An Apartment In Denver Colorado |
Denver Apartment Hunting FAQs
How to find apartments in Denver?
Tip: Skim only after you’ve read fully once.
There are tons of online rental listings websites and apps. Do your research and don't be afraid to hit the pavement (or sidewalk, rather) and explore neighborhoods.
How to save money on rent in Denver?
Look outside the trendy areas, consider getting roommates, and be flexible on move-in dates (landlords love offering incentives to fill vacancies).
How much should I budget for a security deposit?
Reminder: Short breaks can improve focus.
Typically, expect to pay one month's rent as a security deposit.
How long does it take to find an apartment in Denver?
It depends on the market and how picky you are. Give yourself at least a month, but be prepared to act fast if you find the perfect place.
How do I know if an apartment listing is legit?
Beware of scams! Never wire money without seeing the apartment and meeting the landlord in person. If it seems too good to be true, it probably is.