Home Apartment What Is the Common Hire in Denver, CO?

What Is the Common Hire in Denver, CO?

What Is the Common Hire in Denver, CO?

[ad_1]

As of February 2023, the common residence lease in Denver, CO is $1,495 for a studio, $1,605 for one bed room, $1,963 for 2 bedrooms, and $2,555 for 3 bedrooms. Residence lease in Denver has elevated by 9.5% prior to now yr. 

Denver, Colorado was established within the mid-1800s as a mining city throughout the Gold Rush. You’ll find a stability between the previous and new of Denver with rows of eating places, impartial retailers, and energetic nightlife in Victorian-era buildings downtown.
Denver is a superb alternative for out of doors lovers with its location within the foothills of the Rocky Mountains. Locals get pleasure from greater than 5,000 acres of parks, trails, golf programs, and playgrounds. Denver can be full of cultural facilities, together with
the Denver Botanic Gardens, Union Station, Ogden Theatre, the Denver Zoo, the Denver Artwork Museum, and the Denver Museum of Nature and Science. With many selections of various actions, Denver has turn into a best choice for outdoor-loving households! 

Denver with mountains in the background.

 

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

504 sq. ft

$1,495/mo.

1 BR

734 sq. ft.

$1,605/mo.

2 BR

1,092 sq. ft.

$1,963/mo.

3 BR

1,280 sq. ft.

$2,555/mo.

Statistic

Worth

Per Capita Revenue

$56,712

Median Family Revenue

$87,692

Whole Inhabitants

3,051,974 folks

Common Age

38 years previous

Common Hire

$1,941 monthly

Common Hire Change

4.48%

Irrespective of who you’re, selecting a neighborhood might be robust. That’s why we have created this breakdown of the common lease in Denver by among the metropolis’s common neighborhoods.  Should you need assistance figuring out how a lot you possibly can afford to pay
in lease, take a look at our lease affordability calculator.

Capitol Hill

The capitol building in Denver, CO lit up at night.

Denver’s well-known Capitol Hill is a thriving city neighborhood with native boutiques, fashionable bars, and low retailers. Locals love the points of interest, such because the Denver Artwork Museum and Civic Heart Park. Right here you’ll discover flats starting from historic
to trendy with the common lease starting from $1,110 to $2,375 monthly.  With its various group, historic significance, and plentiful points of interest, there’s no place fairly like Capitol Hill in Denver! 

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

410 sq. ft.

$1,096/mo.

1 BR

614 sq. ft.

$1,344/mo.

2 BR

910 sq. ft.

$1,789/mo.

3 BR

1,102 sq. ft.

$2,352/mo.

Metropolis Park

Hiking trails and a lake with fountain in Denver's City Park neighborhood.

 

Discovered a mile east of downtown Denver, Metropolis Park gives locals with a mix of each nature and metropolis life. The park has a number of playgrounds, picnic spots, lakeside trails, and historic monuments. It’s also possible to discover the Denver Zoo and the Denver Museum
of Nature and Science proper in Metropolis Park, creating the proper space to lift a household. Right here you’ll discover lease starting from $1,309 to $3,197 monthly, barely above the general common however good for energetic households!

Beds

Avg. Sq. Ft.

Avg. Hire

Studio

487 sq. ft.

$1,337/mo.

1 BR

686 sq. ft.

$1,611/mo.

2 BR

1,026 sq. ft.

$2,407/mo.

3 BR

1,374 sq. ft.

$3,204/mo. 

5 Factors

Lights, flags, and a painted street in Five Points, Denver CO.

 

North of Downtown Denver, 5 Factors has cultivated a stylish and pedestrian-friendly neighborhood with city appeal. Residents benefit from the Mercury Café, the Roxy Denver, and the Cervantes’ Masterpiece. 5 factors is residence to an array of native
companies resembling Rosenberg’s Bagels, Dunbar Kitchen, and Faucet Home. Renters can select between an abundance of high-rise, trendy, and opulent flats, with a mean lease ranging between $1,572 monthly $2,224 monthly. Should you’re
in search of one thing extra inexpensive and household pleasant, take a look at Metropolis Park! 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

510 sq. ft. 

$1,495 /mo. 

713 sq. ft. 

$1,777 /mo. 

2 BR 

1,038 sq. ft. 

$2,186 /mo. 

3 BR 

1,245 sq. ft. 

$1,474 /mo. 

Sunnyside

Lush, wooded greenspace in Denver's Sunnyside neighborhood.

 

Sunnyside is a vibrant neighborhood with a mix of historic appeal, trendy facilities, and family-friendly points of interest. First established in 1858, Sunnyside is without doubt one of the authentic neighborhoods within the North of Denver. Right here locals get pleasure from a large
number of espresso retailers, boutiques, and upscale eating places. With extra luxurious choices comes larger lease, starting from $1,821 monthly to $3,781 monthly. Sunnyside is a prime choice for commuters, however in the event you’re in search of a extra inexpensive
neighborhood take a look at 5 Factors. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

504 sq. ft. 

$1,495 /mo. 

1 BR 

734 sq. ft. 

$1,605 /mo. 

1,092 sq. ft. 

$1,963 /mo. 

3 BR 

1,280 sq. ft. 

$2,555 /mo. 

Hale 

Purple flowers blooming in Hale, Denver CO.

Hale has created the proper small-town really feel simply three miles away from the center of Denver. Residents love the protected, neighborly environment and entry to Lindsey Park, which provides tennis courts, a baseball discipline, and a playground for the proper
household day on the park. Even with the small group, Hale has one thing to provides for everybody. From high-end condos to inexpensive leases starting from $1,434 monthly to $3,459 monthly, Hale is a superb neighborhood for anybody looking for
an residence in Denver. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

497 sq. ft. 

$1,362 /mo. 

1 BR 

660 sq. ft. 

$1,492 /mo. 

978 sq. ft. 

$2,045 /mo. 

3 BR 

1,566 sq. ft. 

$3,441 /mo. 

Lincoln Park 

A paved trail through beautiful Lincoln Park in Denver, CO.

Lincoln Park is the economic a part of Denver’s metro space. This premier location is simply outdoors of downtown with proximity to different common neighborhoods. As part of the Santa Fe Arts District, Lincoln Park serves as an excellent place to dwell
for anybody in search of tradition. Hire in Lincoln Park ranges from $1,609 monthly to $1,827 monthly, however if you cannot discover sufficient house on this busy group, take a look at the Metropolis Park neighborhood. 

Beds 

Avg. Sq. Ft. 

Avg. Hire 

Studio 

496 sq. ft. 

$1,538 /mo. 

598 sq. ft. 

$1,543 /mo. 

935 sq. ft. 

$1,533 /mo. 

Riverfront Park 

Pedestrian bridge in Riverfront Park, Denver CO.

Redevelopment has outlined the Riverfront Park neighborhood. Backdropped by the Millennium Bridge, the neighborhood has been remodeled into a stylish, thriving group. Residents love the group actions and the eating places, retailers, and scenic
views that the river gives. Anybody fortunate sufficient to snag an residence in Riverfront Park has quite a lot of trendy flats to select from with lease costs starting from $1,841 monthly to $17,116 monthly. Should you’re in search of a neighborhood
with a smaller vary, take a look at Capitol Hill

Beds 

Avg. Sq. Ft. 

Avg. Hire 

598 sq. ft. 

$1,770 /mo. 

800 sq. ft. 

$2,360 /mo. 

2 BR 

1,293 sq. ft. 

$3,443 /mo. 

3,365 sq. ft. 

$14,550 /mo. 

You’ve loads of choices within the Mile Excessive Metropolis, from its beautiful views of the Rocky Mountains to its unbelievable sports activities groups. If you’re prepared to begin your search, you may discover quite a lot of flats in Denver to select from.

Residence lease knowledge is offered by CoStar Group’s February 2023 Denver Market Report.

Up to date February 1, 2023 to replicate present lease costs.

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here