21 Cheap Apartments for rent in Longmont, CO

Last updated September 23 at 12:24PM
3040 Folsom St
Glenwood Grove - North Iris
Boulder, CO
Updated September 20 at 9:36AM
1 Bedroom
$1,000
Results within 10 miles of Longmont, CO
Bridge Square Apartments
90 S 18th Ave
Brighton, CO
Updated August 29 at 8:42PM
1 Bedroom
$976
2 Bedrooms
$1,152
Timber Lodge
1769 Coronado Pkwy N
Thornton, CO
Updated September 23 at 7:25AM
Studio
$899
1 Bedroom
$920
2 Bedrooms
$1,165
Results within 20 miles of Longmont, CO
19095 W 62nd Ave
Apple Meadows
Golden, CO
Updated September 23 at 1:38AM
3 Bedrooms
$995
3106 Palm Ct
P.O.E.T
Fort Collins, CO
Updated September 21 at 5:46PM
2 Bedrooms
$950
2831 W 28th Street # 40
Greeley
Greeley, CO
Updated September 15 at 10:31AM
2 Bedrooms
$850
1650 Vance St
Edgewood
Lakewood, CO
Updated September 23 at 1:48AM
1 Bedroom
$775
18 Ash Ct
Longmont
Longmont, CO
Updated September 23 at 9:59AM
2 Bedrooms
$995
927 James Court 2
Lake Street Homes
Fort Collins, CO
Updated September 22 at 10:47AM
1 Bedroom
$790
Valmont Rd
Glenwood Grove - North Iris
Boulder, CO
Updated September 21 at 7:38AM
1 Bedroom
$1,000
807 W Kelly Drive
West Lake
Loveland, CO
Updated September 14 at 11:22AM
3 Bedrooms
$995
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Rent Report
Longmont

September 2017 Longmont Rent Report

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

Longmont rents increase sharply over the past month

Longmont rents have increased 1.9% over the past month, and are up slightly by 1.7% in comparison to the same time last year. Currently, median rents in Longmont stand at $1,040 for a one-bedroom apartment and $1,270 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in May. Longmont's year-over-year rent growth lags the state average of 3.8%, as well as the national average of 3.0%.

Longmont rents more affordable than many large cities nationwide

Rent growth in Longmont 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. Longmont is still more affordable than most large cities across the country.

  • Other cities across the state have seen rents increase, with Colorado as a whole logging rent growth of 3.8% over the past year.
  • Longmont's median two-bedroom rent of $1,270 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 1.7% increase in Longmont.
  • While rents in Longmont remained moderately stable this year, similar cities saw increases, including Seattle (+5.4%), Colorado Springs (+5.3%), and Phoenix (+4.9%); note that median 2BR rents in these cities go for $1,710, $1,210, and $1,020 respectively.
  • Renters will find more reasonable prices in Longmont than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than twice the price in Longmont.

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.

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.