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85 Studio Apartments for rent in Denver, CO

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Last updated September 26 at 3:20AM
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Denver

Denver Living

Residents here love to stay in good shape. Health and fitness are a top priority for most folks that choose to live here, and there are plenty of ways to embrace healthy choices! Hop on your skis or snowboard and hit the slopes, take advantage of one of the city bike paths or hiking trails, or head to Boulder's Flatirons or Rocky Mountain National Park -- both within an hour's drive from downtown. Winters here are pretty serious, so if you have a car (which you probably will), make sure you get covered parking or at least garage space so you don't have to dig your vehicle out of the snow on the street. If you have a dog, you'll find plenty of pet-friendly studio apartments, and most public places are dog-friendly, too. It's a beautiful and highly livable city with a high quality of life, which is why when people move here they tend to end up staying.

Studio Apartments in Denver

The average rent for an apartment in Denver is $1,550, which means that a studio will fall a bit below that. There are lots of new developments, which pull in a higher rent every month and offer lots of great perks, like gyms, laundry on the premises, shared public spaces and more. These amenities can be nice when you're living in a studio and might be worth the extra cash you're shelling out to afford them. The vacancy rate in Denver is around 5%, which is pretty standard. More and more units are being built all the time, so you can expect rental units to be available, especially in the metro area. You can also sometimes score more concessions, like a month or two of free rent, from landlords who are trying to lure new tenants. The more affordable neighborhoods are in the northern and eastern suburbs. Wheat Ridge, north Aurora, central Aurora and Arvada tend to be the hottest rental markets for studios in Denver.

Rent Report
Denver

September 2017 Denver Rent Report

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

Denver rents increased moderately over the past month

Denver rents have increased 0.3% over the past month, and are up moderately by 3.0% in comparison to the same time last year. Currently, median rents in Denver stand at $1,070 for a one-bedroom apartment and $1,350 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Denver's year-over-year rent growth lags the state average of 3.8%, but posted a similar trend to the national average of 3.0%.

Comparable cities nationwide show more affordable rents compared to Denver

As rents have increased in Denver, a few comparable cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most other large cities across the country, Denver 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.
  • Denver's median two-bedroom rent of $1,350 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 3.0% increase in Denver.
  • While Denver'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 Denver than most similar cities. For example, Phoenix has a median 2BR rent of $1,020.

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.