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53 Studio Apartments for rent in Arvada, CO

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Last updated September 24 at 9:21PM
Results within 5 miles of Arvada, CO
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Arvada

What's So Great About Arvada?

Arvada is home to the annual Festival of Scarecrows; it's considered the only proper way to welcome autumn each year. From the annual scarecrow contest to the pumpkin seed spitting contest, this annual event is the only way to welcome in the autumn season properly.

Arvada is close to both Denver and Boulder, so you've got options when shopping, dining or looking for entertainment. But a road trip to either of these neighboring hot spots probably won't be necessary. Here are just a few of the places to see and things to do locally in Arvada:

  • Festivals everywhere! Arvada loves its festivals. In addition to the annual Festival of Scarecrows, there's the Kite Festival that fills the air with colors and shapes. For the more grounded, there's the Holiday Wine Tasting Festival. For the ladies, Arvada offers the Chocolate Affair. There are eight different annual festivals here.
  • Are nature and wildlife areas more to your liking? Arvada is home to Two Ponds National Wildlife Refuge and the Majestic View Nature Center.
  • If you're thinking of playing a round of golf, there are three courses available in Arvada for you to choose from: West Woods Golf Club, Lake Arbor Golf Club and Indian Tree Golf Club.
  • Do your interests lie more to the artsy or cultural side of life? Check out the Arvada Center for the Arts and Humanities or the Cussler Museum.
  • Like physical activities and challenges? There's the Apex Park and Recreation District or you can try your hand at escaping from the Conundrum Escape Rooms.
  • Get to know Arvada's hometown folks in the many specialty shops and dining choices. Or dance the night away in some of our many night spots.

The Daily Grind in Arvada

Arvada is a community of 31 constituent neighborhoods. It is a vibrant city with a wide range of employment opportunities. Arvada boasts a mixed workforce of blue- and white-collar workers. A large section of its population works in computers and math-related fields.

Studio apartments are popular, making them in high demand. Vacancies are more likely to be found in the southern neighborhoods of Arvada, specifically those bordering or with easy access to I-70.

Getting around in the city is easy with an abundance of public transit available. The Olde Town Shuttle is a free service that anyone can utilize. There's also the RTD Bus Services. Arvada is working to complete the 11.2-mile electric commuter rail line that will connect Wheat Ridge to Union Station in Denver. This Gold Line (G Line) will serve northwest Denver, Adams County and Arvada.

What's It Going to Cost Me?

For an area where efficient, studio living spaces don't stay vacant long, the range of rental fees is quite reasonable. A standard studio apartment begins in the $750 per month range and may go as high as $1,000 or more as you get closer to the foothills of the Rocky Mountains.

The cost of living average in Arvada is somewhat more expensive than the national average for a comparable city. Housing costs make up most of the causative factor in the higher living costs.

Rent Report
Arvada

September 2017 Arvada Rent Report

Welcome to the September 2017 Arvada Rent Report. In this report, we'll evaluate trends in the Arvada rental market, including comparisons to similar cities nationwide.

Arvada rents increase sharply over the past month

Arvada rents have increased 0.7% over the past month, and are up significantly by 4.8% in comparison to the same time last year. Currently, median rents in Arvada stand at $1,190 for a one-bedroom apartment and $1,510 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in February. Arvada's year-over-year rent growth leads the state average of 3.8%, as well as the national average of 3.0%.

Many large cities nationwide show more affordable rents compared to Arvada

As rents have increased 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 also increased in other cities across the state, with Colorado as a whole logging rent growth of 3.8% over the past year.
  • Arvada's median two-bedroom rent of $1,510 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 4.8% rise in Arvada.
  • While Arvada's rents rose over the past year, the city of DC saw a decrease of 0.5%.
  • 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 $1,070 $1,350 0.3% 3.0%
Aurora $1,250 $1,580 0.4% 5.8%
Thornton $1,440 $1,820 0.5% 3.5%
Arvada $1,190 $1,510 0.7% 4.8%
Westminster $1,250 $1,580 -0.0% 2.8%
Broomfield $1,330 $1,670 0.2% 4.0%
Littleton $1,450 $1,840 -0.3% 2.7%
Englewood $1,210 $1,530 -0.0% 2.8%
Lone Tree $1,620 $2,050 1.5% 9.4%

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.