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58 Apartments under 1200 for rent in Golden, CO

Last updated October 17 at 2:37am UTC
Results within 5 miles of Golden, CO
8433 Zinnia Court
Lakecrest
Arvada, CO
Updated October 16 at 1:02pm UTC
1 Bedroom
$730
10915 W 44th Pl
Fruitdale
Wheat Ridge, CO
Updated October 15 at 1:42am UTC
2 Bedrooms
$1,100
4385 Hoyt St
Kipling
Wheat Ridge, CO
Updated October 11 at 2:04am UTC
1 Bedroom
$1,015
1975 Oak St
Applewood
Lakewood, CO
Updated October 9 at 6:07pm UTC
1 Bedroom
$1,125
6380 Oak St #103
Allendale Area
Arvada, CO
Updated October 1 at 1:50pm UTC
1 Bedroom
$1,095
Results within 10 miles of Golden, CO

October 2018 Golden Rent Report

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

View full Golden Rent Report
Rent Report
Golden

October 2018 Golden Rent Report

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

Golden rents decline sharply over the past month

Golden rents have declined 0.6% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in Golden stand at $1,230 for a one-bedroom apartment and $1,550 for a two-bedroom. Golden's year-over-year rent growth lags the state average of 0.6%, as well as the national average of 0.9%.

Rents rising across the Denver Metro

While rents have remained steady in the city of Golden throughout the past year, cities across the metro have seen a different trend. Rents have risen in 9 of of the largest 10 cities in the Denver metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Parker has the most expensive rents in the Denver metro, with a two-bedroom median of $1,900; the city has also seen rent growth of 1.0% over the past month, the fastest in the metro.
  • Over the past month, Castle Rock has seen the biggest rent drop in the metro, with a decline of 1.1%. Median two-bedrooms there cost $1,730, while one-bedrooms go for $1,370.
  • Denver proper has the least expensive rents in the Denver metro, with a two-bedroom median of $1,350; rents fell 0.1% over the past month but remained flat year-over-year.

Many large cities nationwide show more affordable rents compared to Golden

Rent growth in Golden has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Golden is less affordable for renters.

  • Other cities across the state have seen rents slightly increase, with Colorado as a whole logging rent growth of 0.6% over the past year. For example, rents have grown by 1.5% in Fort Collins and 1.2% in Colorado Springs.
  • Golden's median two-bedroom rent of $1,550 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Golden.
  • While rents in Golden remained moderately stable this year, similar cities saw increases, including Phoenix (+2.6%), Charlotte (+1.3%), and Austin (+1.2%); note that median 2BR rents in these cities go for $1,050, $1,120, and $1,420 respectively.
  • Renters will generally find more expensive prices in Golden than most large cities. For example, Phoenix has a median 2BR rent of $1,050, where Golden 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 -0.1% 0.4%
Aurora $1,240 $1,570 0.1% -0.2%
Thornton $1,470 $1,870 0.2% 2.6%
Arvada $1,200 $1,520 -0.6% 0.9%
Westminster $1,270 $1,610 -0.2% 1.9%
Broomfield $1,370 $1,720 0.1% 3.7%
Castle Rock $1,370 $1,730 -1.1% 0.8%
Parker $1,500 $1,900 1.0% 1.3%
Littleton $1,470 $1,860 -0.2% 2.0%
Brighton $1,250 $1,580 -0.3% 3.3%
See more

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.