135 Apartments for rent in Parker, CO
📍Settlements sprang up like mushrooms following this ruckus and an important irony smacked Alfred Butters right between the eyes: people who've been digging the earth in search of gold may have been staring at it the whole time. The land they're treading is the real gold. As a result of this realization, the 20 Mile House was built and this way station, which provided meals, lodgings, and provisions, became the center of what was to become present-day Parker. Whatever happened to those in search of gold? That we don't know. But since you're in search for rental homes in Parker, it's best to have lessons from history down pat and get on with the hunt wiser.
Heartbreaks are for those people with their heads in the clouds. To make sure you don't get your heart broken with a less than pleasant renting experience in this part of Colorado, take these tips with you when you're hunting for a dig:
Location, Location, Location
You spend too much time around real estate agents and this mantra will get hammered into your head so much that you think you'll explode if you hear it one more time. However, if your day job requires you to be in Denver and sanity requires you to rent an apartment in Parker, hunting for digs in neighborhoods near the light rail or freeways makes life in this haven so much easier.
Sorry, No Red Carpet for Your Pets
Don't ever make the mistake of assuming that landlords will extend the same warm welcome to your furry companion, unless it's explicitly stated that they do. And even then, you are most likely required to submit your pet's history as one of the necessary documents. Apparently, animal misconducts are some of those things they don't take too kindly--nope, not even if you pinky swear that your pet has seen the errors of its ways and is on the road to recovery.
To get to your gold, you need to know where to dig. Here's a quick overview of Parker's neighborhoods that will give you an idea of where you need to set up camp:
Town Center: This area is so busy with business that if you walk with no clear destination in mind, you'd probably end up in a restaurant, shopping center, or some random shop that makes an impulsive buyer out of you. If you like putting those feet to good use, renting one of the small furnished apartments that dominate this area would serve you well.
The Pinery: If golf and greeneries are on your must-have list, this neighborhood is your ideal playground. In the home of Colorado Golf Club and The Pinery Country Club, teeing up is quite the common recreation for a lazy afternoon. The downside? You've got to be extremely lucky or just plain fast as lightning (or probably both) to snag a rental apt in this area. Finding an apartment here is like going against all odds.
Franktown: If you like to live it up like the Joneses, you'll love this neighborhood. The streets of this neighborhood are like the runways for BMWs, Porsches, and Ferraris. If you have the serious dough to rent a house in this area, large 3- to 4- bedroom homes with yards big enough to house a spaceship are what's waiting for you in Franktown.
Lone Tree: If you like to live in a brand spanking new dig, this area may have what you're looking for. Most of Lone Tree's homes were constructed no later than the year 2000. So, no fixer-uppers or houses that looked like they traveled in on a time machine. In addition, you have your choice of getting cozy in an apartment complex or get territorial with a single detached house.
Stonegate: Large single detached Cul-de-sac homes are quite the charm in this neighborhood. This area is also bustling with businesses with fitness centers, shops, and groceries within the area, you hardly need your car to take care of basic errands. The Stone Willow Park may be no Disneyland but it does its job of taking care of those restless spirits' hyperactive tendencies.
Inverness: This area could be your gateway to the rest of the state or country, or even the world, with major freeways and the Centennial Airport nearby. If you don't mind the sound of planes landing and taking off every few minutes, one of those small or medium-sized apartments in Inverness could be your next haven. Residents have the Cottonwood Park East and West if they feel they need the space to let off steam.
There are many ways to sweat and get fit in Parker. So if you're determined to divorce yourself from that couch, junk food, and television, you can find the time to venture out and get busy in these destinations:
Cherry Creek Bike Trail
If you want to take it easy, explore the beauty of Parker on your way to Denver, the trail is perfect for runners, walkers, and bikers. Sure, it gets a bit crowded with all the people and pets around; but hey--being on the giving and receiving end of some glares are the worst thing that can happen here and it sure is a small price to live a healthier life.
Castlewood Canyon
If you'd rather have an encounter with wildlife than irate humans and their equally unforgiving pets, this is the place to be. Just get your camera ready to snap some shots of the gorgeous canyon, well-shaped boulders, occasional clusters of colorful wild flowers, and interesting characters you'll meet on the way (coyotes included).
Spectacular views of the majestic Colorado Mountains, easy access to Denver to catch the Broncos or Rockies in action, festivals, and nature trails are just some of what's waiting for you in Parker, Colorado. The first settlers came here in search for gold. Today, locals are staying here for gold of a different kind.
Who knows? The treasure you've been looking for could be waiting for you here.
June 2020 Parker Rent Report
Welcome to the June 2020 Parker Rent Report. Parker rents declined over the past month. In this report, we'll evaluate trends in the Parker rental market, including comparisons to cities throughout the metro, state, and nation.
June 2020 Parker Rent Report
Welcome to the June 2020 Parker Rent Report. Parker rents declined over the past month. In this report, we'll evaluate trends in the Parker rental market, including comparisons to cities throughout the metro, state, and nation.
Parker rents declined significantly over the past month
Parker rents have declined 0.5% over the past month, and have decreased slightly by 0.4% in comparison to the same time last year. Currently, median rents in Parker stand at $1,417 for a one-bedroom apartment and $1,794 for a two-bedroom. Parker's year-over-year rent growth lags the state average of 0.3%, as well as the national average of 0.8%.
Rent trends vary across the Denver Metro
While rent prices have decreased in Parker over the past year, the rest of the metro is seeing varying rent trends. Of the largest 10 cities that we have data for in the Denver metro, half have seen increases, while the other half have been decreasing. Here's a look at how rents compare across some of the largest cities in the metro.
- Over the past year, Brighton has seen the biggest rent drop in the metro, with a decline of 6.1%. Median two-bedrooms there cost $1,693, while one-bedrooms go for $1,336.
- Arvada has seen the fastest rent growth in the metro, with a year-over-year increase of 2.0%. The median two-bedroom there costs $1,577, while one-bedrooms go for $1,246.
- Thornton has the most expensive rents of the largest cities in the Denver metro, with a two-bedroom median of $1,917; rents were down 0.4% over the past month but remained flat year-over-year.
- Denver proper has the least expensive rents in the Denver metro, with a two-bedroom median of $1,351; rents decreased 0.4% over the past month and 0.4% over the past year.
Many large cities nationwide show more affordable rents compared to Parker
As rents have fallen slightly in Parker, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Parker is less affordable for renters.
- Other cities across the state have seen rents slightly increase, with Colorado as a whole logging rent growth of 0.3% over the past year. For example, rents have grown by 2.5% in Colorado Springs.
- Parker's median two-bedroom rent of $1,794 is above the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 0.4% decline in Parker.
- While rents in Parker fell slightly over the past year, many cities nationwide saw increases, including Phoenix (+2.3%), Austin (+1.3%), and Seattle (+1.2%).
- Renters will generally find more expensive prices in Parker than most large cities. For example, Phoenix has a median 2BR rent of $1,104, where Parker is more than 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.
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.