6 Apartments under 1000 for rent in Arvada, CO

Last updated January 16 at 8:02pm UTC
5353 Field St
Arvada Plaza Area
Arvada, CO
Updated January 13 at 11:28am UTC
1 Bedroom
$985
9376 W 57th Ave
Arvada Plaza Area
Arvada, CO
Updated January 14 at 2:05am UTC
2 Bedrooms
$925
5313 Field St
Arvada Plaza Area
Arvada, CO
Updated January 16 at 2:31am UTC
1 Bedroom
$995
Results within 1 miles of Arvada, CO
7545 Bradburn Blvd
Southeast Westminster
Westminster, CO
Updated January 11 at 12:10pm UTC
1 Bedroom
$919
6985 Stuart St
Southeast Westminster
Westminster, CO
Updated January 16 at 10:04am UTC
1 Bedroom
$855
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January 2018 Arvada Rent Report

Welcome to the January 2018 Arvada Rent Report. Arvada rents declined over the past month. In this report, we'll evaluate trends in the Arvada rental market, including comparisons to cities throughout the metro, state, and nation.

View full Arvada Rent Report
Rent Report
Arvada

January 2018 Arvada Rent Report

Welcome to the January 2018 Arvada Rent Report. Arvada rents declined over the past month. In this report, we'll evaluate trends in the Arvada rental market, including comparisons to cities throughout the metro, state, and nation.

Arvada rents declined marginally over the past month

Arvada rents have declined 0.2% over the past month, but are up moderately by 3.5% in comparison to the same time last year. Currently, median rents in Arvada stand at $1,180 for a one-bedroom apartment and $1,500 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in August. Arvada's year-over-year rent growth leads the state average of 2.7%, as well as the national average of 2.8%.

Rents rising across the Denver Metro

Throughout the past year, rent increases have been occurring not just in the city of Arvada, but across the entire metro. Of the largest 10 cities that we have data for in the Denver metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Littleton has the most expensive rents in the Denver metro, with a two-bedroom median of $1,820; however, the city has also seen rents fall by 1.0% over the past month, the biggest drop in the metro.
  • Broomfield has seen the fastest rent growth in the metro, with a year-over-year increase of 5.9%. The median two-bedroom there costs $1,640, while one-bedrooms go for $1,310.
  • Denver proper has the least expensive rents in the Denver metro, with a two-bedroom median of $1,310; rents decreased 0.7% over the past month but were up 1.6% over the past year.

Many large cities nationwide show more affordable rents compared to Arvada

As rents have increased moderately in Arvada, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Arvada is less affordable for renters.

  • Rents increased moderately in other cities across the state, with Colorado as a whole logging rent growth of 2.7% over the past year. For example, rents have grown by 4.3% in Colorado Springs and 2.6% in Fort Collins.
  • Arvada's median two-bedroom rent of $1,500 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.5% rise in Arvada.
  • While Arvada's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will generally find more expensive prices in Arvada than most large cities. For example, Phoenix has a median 2BR rent of $1,020, where Arvada is nearly one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Denver $1,040 $1,310 -0.7% 1.6%
Aurora $1,200 $1,520 -0.9% 4.0%
Thornton $1,400 $1,780 -0.8% 2.0%
Arvada $1,180 $1,500 -0.2% 3.5%
Westminster $1,230 $1,550 -0.4% 3.2%
Broomfield $1,310 $1,640 -0.1% 5.9%
Parker $1,430 $1,810 -0.9% 0.1%
Littleton $1,440 $1,820 -1.0% 2.1%
Brighton $1,220 $1,550 -0.2% 4.8%
Englewood $1,170 $1,490 0.2% 0.8%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.