79 Apartments under 1200 for rent in Arvada, CO

Last updated November 21 at 9:34am UTC
5225 Balsam St. #28
I-70 Corridor
Arvada, CO
Updated November 10 at 11:19am UTC
2 Bedrooms
$1,195
5351 Everett St
Arvada Plaza Area
Arvada, CO
Updated November 20 at 2:10am UTC
2 Bedrooms
$1,050
Results within 1 miles of Arvada, CO
7545 Bradburn Blvd
Southeast Westminster
Westminster, CO
Updated November 21 at 9:34am UTC
2 Bedrooms
$1,100
Results within 5 miles of Arvada, CO
Stuart St
Southeast Westminster
Westminster, CO
Updated November 16 at 8:49am UTC
2 Bedrooms
$1,100
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November 2017 Arvada Rent Report

Welcome to the November 2017 Arvada Rent Report. 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

November 2017 Arvada Rent Report

Welcome to the November 2017 Arvada Rent Report. 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 moderately over the past month

Arvada rents have declined 0.4% over the past month, but are up moderately by 3.7% in comparison to the same time last year. Currently, median rents in Arvada stand at $1,190 for a one-bedroom apartment and $1,500 for a two-bedroom. This is the second 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 3.0%, as well as the national average of 2.7%.

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.

  • Lone Tree has the most expensive rents in the Denver metro, with a two-bedroom median of $1,990; however, the city has also seen rents fall by 1.7% over the past month, the biggest drop in the metro.
  • Aurora has seen the fastest rent growth in the metro, with a year-over-year increase of 5.1%. The median two-bedroom there costs $1,550, while one-bedrooms go for $1,230.
  • Denver proper has the least expensive rents in the Denver metro, with a two-bedroom median of $1,330; rents fell 0.9% over the past month but rose 2.0% 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 3.0% over the past year. For example, rents have grown by 4.7% in Colorado Springs and 1.6% 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 2.7% over the past year compared to the 3.7% rise in Arvada.
  • While Arvada's rents rose moderately over the past year, the city of DC saw a decrease of 0.6%.
  • 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 $1,050 $1,330 -0.9% 2.0%
Aurora $1,230 $1,550 -1.0% 5.1%
Thornton $1,430 $1,810 -0.3% 3.4%
Arvada $1,190 $1,500 -0.4% 3.7%
Westminster $1,240 $1,570 -0.6% 2.5%
Broomfield $1,310 $1,650 -0.6% 4.8%
Littleton $1,450 $1,830 0.4% 2.6%
Englewood $1,180 $1,500 -1.4% 1.5%
Golden $1,220 $1,540 -0.7% 2.3%
Lone Tree $1,580 $1,990 -1.7% 5.1%

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.